Job Support Scheme
By: The England and Company Team | Published 26th October 2020
From 1 November 2020, two new Job Support Schemes will come into existence, effectively replacing the Job Retention Scheme which closes on 31 October 2020. They are named the “open” Scheme and the “closed” Scheme. The “closed” Scheme is to be used only when your business has been forced to close by Government authority. We […]
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Directors duties and wrongful trading – some practical advice
By: The England and Company Team | Published 1st October 2020
End of temporary suspension on personal liability on directors At the beginning of the pandemic the UK government temporarily removed the risk of personal liability for directors due to the unprecedented conditions caused by the crisis, knowing it would cause major problems for directors in assessing whether their business could continue to trade and that […]
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Reminder: Deferring your second self-assessment payment on account.
By: The England and Company Team | Published 28th July 2020
If your second payment on account is due to HMRC, this Friday 31st July, then you have the option to defer. You can still make the payment by 31st July 2020 as normal if you want to do so. If you choose to defer you do not need to tell HMRC that you’re deferring your […]
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Job Retention Scheme – 31st July deadline
By: The England and Company Team | Published 24th July 2020
This is a reminder to companies planning to make a Coronavirus Job Retention Scheme claim for the period ending on or before 30 June, make sure it’s completed by 31 July, as this is the last date to make those claims. From the 1 August the Job Retention Scheme will no longer fund employers’ National Insurance and pension contributions, for furloughed […]
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Coronavirus: restore your VAT direct debits
By: The England and Company Team | Published 24th June 2020
HMRC has updated its guidance to flag the steps that need to be taken by businesses which benefited from the 20 March 2020 to 30 June 2020 Coronavirus VAT deferral period. Below are the practical points to consider and actions that may need to be taken. The deferral of VAT payments because of coronavirus ends […]
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