Covid-19
Self-Employment Income Support Scheme
March 27th, 2020Following growing pressure to do more to support the UK’s five million self-employed workers during the COVID-19 crisis, Chancellor Rishi Sunak last night announced the Government’s Self-Employed Income Support Scheme. Similar to what was introduced in the Job Retention Scheme, the new measures will offer those who are self-employed a taxable grant worth 80% of […]
READ MORE »Support for the charity sector during COVID-19
March 26th, 2020COVID-19 is creating unprecedented challenges for the charity sector, as these organisations which work at the very heart of our communities, face pressures across several fronts. At a time when the charity and voluntary sector is seeing even greater demands for their vital services, these same organisations are facing a potential decline in fundraising caused […]
READ MORE »Latest updates for businesses regarding VAT Deferral
VAT registered business are not required to make VAT payments that are due from 20 March 2020 to 30 June 2020. This relief is automatic: it does not need to be claimed. Your VAT liability and payment is not cancelled, it is deferred. Any VAT liability will need to be settled by the end of […]
READ MORE »Covid-19 update: CBILS, R&D tax relief and more
March 25th, 2020Coronavirus Business Interruption Loan Scheme (CBILS) The CBILS is now available, with some 40 participating lenders through which funding can be sought. The advice being given by the British Business Bank is to apply to your usual lender first, as any decision-making on whether you are eligible is fully delegated to CBILS lenders. CBILS supports […]
READ MORE »New support measures for businesses affected by COVID-19
March 23rd, 2020Champion Accountants is here to help you understand what financial help is available to you and your business in these unprecedented times. On Friday evening [20th March], the Chancellor set out a package of temporary targeted measures to support services, individuals and businesses through this period of disruption caused by COVID-19. The most significant of […]
READ MORE »Support for businesses affected by COVID-19
March 20th, 2020It is, without doubt, an unsettling time but as trusted advisors, we remain committed to supporting individuals and organisations through this period of change. One element of that is ensuring our clients and other organisations receive the necessary financial assistance that is available from Government, which continues to evolve daily as new measures are introduced […]
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