New Tax Refund Possibilities

New Tax Refund Possibilities

Normally a Company can carry back a loss against its previous year. The budget announced a temporary extension to allow losses to be carried back up to three years. This can trigger a refund of tax paid in these previous years. In detail, Companies having accounting...
Covid-19 successor loan now up and running

Covid-19 successor loan now up and running

Covid-19 successor loan now up and running The 2021 Budget announced a replacement of the Bounce-Back and other Covid loan schemes. It is called the Recovery Loan Scheme (RLS) and is now open to applications. It runs until December 2021, subject to review. You apply...

Help with Taxes

Help to pay taxes Small businesses or self-employed people who are struggling to pay their corporation tax, income tax, PAYE, or VAT can call HMRC’s ‘Time to Pay’ helpline for help and advice, with options to defer or delay payment: 0800 0159 559...

Apprenticeship Incentive Scheme

The New Apprenticeship Incentive Scheme has just been announced and is available to all employers to support the recruitment of new apprentices. As an employer, you will be eligible for up to £3,000 for each new apprenticeship opportunity created from 1 April 2020 to...