Coronavirus Business Support – Budget Update

Coronavirus Business Support - Budget Update The Chancellor announced new measures to help businesses and jobs through the pandemic and pledged support to the UK’s long economic recovery.  A recent study showed that only one in four businesses in retail, hospitality and leisure would be able to pay business rates in full at the end of March.  Therefore, he announced another business rates holiday until the 30 June 2021.  This will be followed by 66% business rates relief for the…

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Coronavirus COVID-19 Help and Support

Self Employed Coronavirus COVID-19 help and support for the Self Employed that we have so far. The Self-employment Income Support Scheme (SEISS) will support self-employed individuals (including members of partnerships) who have lost income due to coronavirus (COVID-19). This scheme will allow you to claim a taxable grant worth 80% of your trading profits up to a maximum of £2,500 per month for the next 3 months. This may be extended if needed. You must have been trading as self-employed…

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