VAT deferral for UK Businesses: If you are a UK VAT registered business and have a VAT payment due between 20 March 2020 and 30 June 2020, you have the option to:
- defer the payment until a later date
- pay the VAT due as normal
Category Archives: HB News
COVID19: Immediate 3-month filing extension for company accounts
If your company accounts will be late because of the impact of Covid-19 you can take advantage of the immediate 3-month filing extension for company accounts.
However, you MUST apply before your filing deadline.
Continue readingCOVID19: 27th March 2020 – Help for the Self-Employed
The Chancellor announced help for the self-employed yesterday evening at a press conference. Are you a sole trader? We have outlined what we currently know below – please note we expect further guidance to be released soon and will update you as soon as we are aware of this.
Continue readingCOVID19: Further Clarity on the Coronavirus Job Retention Scheme
COVID19 Update: 27th March 2020 – Further Clarity on the Coronavirus Job Retention Scheme – The government has now provided further clarity on the Coronavirus Job Retention Scheme, we have outlined this for you below:
Continue readingCOVID19: Job Retention Scheme for Furloughed employees explained
Covid19 Update: 26th March 2020 – On Friday 20 March 2020, the Chancellor announced a package of measures to help businesses through these times of economic uncertainty. Among these is the Coronavirus Job Retention Scheme.
Continue readingTeam Contact Details
Here are email addresses for all our team members, ordered by surname. You can also reach us at 01992 444466.
Continue readingCOVID19: Business as usual, but from a super safe distance
Letter from the Directors, Karen, Keith & John
Following the unfolding events of COVID19 over the past two weeks, we want to reassure our clients that, albeit we are facing uncertain times, HB Accountants is still very much open for business and Team HB are prepared for any disruption that may occur.
Continue readingCOVID19: Support for UK Business through Coronavirus – Job Retention Scheme & more plus updates for self-employed
Daily COVID-19 Update 23rd March 2020 – Support for businesses through the Coronavirus Job Retention Scheme. Under the Coronavirus Job Retention Scheme, all UK employers will be able to access support to continue paying part of their employees’ salary for those employees that would otherwise have been laid off during this crisis.
Continue readingCOVID19: Are you eligible for 100% business rate relief?
Daily COVID-19 Update 19th March 2020: Are you eligible for 100% business rate relief? We have set out which businesses qualify here. Business Rate Holiday information. The Government advice has been received about which businesses will receive 100% business rate relief which we have set out for you below:
Continue readingIR35 for private sector delayed & other measures announced to reduce the financial impact of COVID19
Important news from The House of Commons last night, in response to the economic impact of coronavirus the IR35 off-payroll rules for private sector engagers have been delayed until 6th April 2021.
The IR35 delay came in response to growing calls for the government to offer support to the self-employed and freelancers.
Continue reading