HMRC has announced a five-month delay to the introduction of the domestic reverse charge for construction services, due to the impact of the coronavirus pandemic on the construction sector. The VAT change will not now apply until 1 March 2021. The new rules mark a complete overhaul of the way VAT is payable on building and construction invoices. Under the domestic reverse char ...

Temporary changes have been made to the eligibility criteria for Tax-Free Childcare and 30 hours free childcare, during coronavirus. The changes may affect you if you, or someone you live with, are: on furlough not able to work or you’re working less self-employed a critical worker If you’re on furlough You should apply, or reconfirm if you already have a childcare a ...

There is a wide range of financial support available under the Government’s economic rescue package, but it can be difficult to identify the measures most relevant for your specific circumstances. Ward Williams provide a simple overview of the most common financial issues arising for businesses and individuals affected by COVID-19. Read our latest newsletter For further info ...

Updated 29th May 2020 Changes to the Coronavirus Job Retention Scheme (CJRS) will apply a month earlier than expected. From 1 July the scheme will allow part-time working, but staff must have been furloughed by 10 June to be eligible. The Chancellor has announced the government’s plans to change the CJRS which will now be re-engineered to support businesses sending staff back ...

Updated 29th May 2020 Download PDF If you are self-employed or a member of a partnership and have been adversely affected by coronavirus, find out if you can use this scheme to claim a grant. The scheme currently allows you to claim a taxable grant of 80% of your average monthly trading profits, paid out in a single instalment covering 3 months, capped at £7,500 in total. I ...

On 27 April 2020 the UK's seven largest small business lenders announced they had relaxed their evidence requirements for applications to the Coronavirus Business Interruption Loan Scheme (CBILS). The lenders will use their own information when processing and approving applications, rather than relying on businesses providing forecasts and business plans. In a joint statement ...

The coronavirus pandemic has had an extraordinary impact in the UK and across the World, and with charities playing an integral role in UK society they are not immune from the impact of the outbreak, with many seeing a significant drop in income, whether from fundraising or investments, whilst at the same time seeing an increase in the demand for their services. So what do tru ...

The UK government launched an online platform to help businesses access financial support during the COVID-19 crisis. The Coronavirus Business Support Finder Tool will guide businesses through the range of loans, tax reliefs and cash grants to combat the adverse economic effects of the COVID-19 lockdown. The tool asks business owners to fill out a short online questionnaire. ...

Updated 20th May 2020 The government introduced a temporary new law allowing employees and workers to carry over up to 4 weeks paid holiday over a 2 year period. This law was brought in to support key industries where employees are unable to take their holiday due to COVID-19. This law applies for any holiday an employee does not take because of the Coronavirus, for example i ...

Download this article Updated 13th May 2020 The government has published OUR PLAN TO REBUILD:The UK Government’s COVID-19 recovery strategy, setting out its roadmap to bring the UK out of Covid-19 lockdown. The proposals on work are set out and take effect from today. They state:- “For the foreseeable future, workers should continue to work from home rather than their norma ...