COVID-19: VAT payment deferral
In the Chancellor’s Winter Economy Plan that, rather than paying in full at the end of March 2021, businesses will be now able to choose to make 11 equal instalments over 2021-22.
The self-employed will receive a “second and final” grant in August, the government has announced.
The Chancellor, Rishi Sunak announced that the Self-Employment Income Support Scheme will be extended – with those eligible able to claim a second and final grant capped at £6,570
The grants issued to date total around £6.8 billion.
Further guidance on the second grant will be published on Friday 12 June, so keep an eye on this page.
If you require any advice or support for your business, please do not hesitate to get in touch with us via enquires@accountability-plus.co.uk