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... 
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...