HMRC’s VAT deferral scheme is ending

The VAT payment deferral period ends on 30 June 2020, in other words for VAT quarters ending 31 May 2020. This means you’ll need to: set-up cancelled direct debits in enough time for HMRC to take payment submit VAT returns as normal, and on time pay the VAT in full on...

Furlough extended to end of October

Rishi Sunak has announced the Coronavirus Job Retention Scheme will be extended for four months, until the end of October 2020. Until the end of July, there are no changes. From August to October 2020, the scheme continues on the basis furloughed employees can be...