Financial Support for Businesses during Coronavirus (COVID-19)
21 April 2020
Latest Government news on support available
The Government has now outlined in one place the supports available to businesses and individuals in the UK.
Chancellor ups annual pension allowance thresholds by £90,000
2 April 2020
The point at which tapering of the annual pension allowance kicks in will increase by £90,000 for both threshold income and adjusted income in 2020/21.
The move, which was announced in last month’s Spring Budget, means the taper will not affect anyone with income…
Coronavirus pandemic prompts one-year business rates holiday
Most small businesses in England will pay no business rates in 2020/21 in the wake of the coronavirus outbreak in the UK.
Chancellor Rishi Sunak announced in last month’s Spring Budget that almost half of small firms will have a one-year business rates holiday….
COVID-19 postpones off-payroll extension to the private sector
The Government has delayed extending the controversial off-payroll working rules to the private sector, as the UK fights to contain the coronavirus pandemic.
Hot on the heels of announcing a £350 billion support package for struggling businesses, the Treasury pulled the plug on the extension…