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Deadline for applying for COVID-19 finance extended

Deadline for applying for COVID-19 finance extended

by VelocityAS | Oct 28, 2020 | Business, COVID-19, Winter Economy Plan

The Government launched four temporary Government-backed schemes to provide finance to businesses struggling as a result of the COVID-19 pandemic: the Bounce Back Loan Scheme (BBLS); the Coronavirus Business Interruption Loan Scheme (CBILS); the Coronavirus Large...
More time to pay your tax bills

More time to pay your tax bills

by VelocityAS | Oct 28, 2020 | Business, COVID-19, HMRC, Tax, VAT, Winter Economy Plan

In his Winter Economy Plan, the Chancellor, Rishi Sunak, unveiled measures which will allow self-assessment taxpayers and VAT-registered businesses more time to pay back deferred tax. New Payment Plan for VAT At the start of the pandemic, VAT-registered business could...

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