Blog – Page 4 – Sutton Coldfield Accountancy

Coronavirus – Bounce Back Loan Scheme

Written by Tony Shackleford on April 28, 2020.

The Bounce Back loan scheme is designed to provide low value business loans to small companies. The governments intention is that the loans will be accessed quicker that loans under the existing coronavirus...

Bank loan, coronavirus

Coronavirus – Other Government Measures

Written by Tony Shackleford on April 2, 2020.

The IR35 changes, which are in respect of private sector work performed by personal service companies, will deferred until 1 April 2021. Companies House are allowing companies accounts to be filed up...

coronavirus

Coronavirus Blog Updates

Written by Tony Shackleford on March 26, 2020.

Job Support Scheme – Updated 5/10/20 Self Employed Income Support Scheme – Grant Extension – Updated 5/10/20 Eat out to Help Out Scheme – Updated 3/08/20 Job Retention Bonus...

coronavirus, Furlough, job retention scheme

Self Employed Income Support Scheme (SEISS)

Written by Tony Shackleford on March 26, 2020.

The first stage of this scheme covered the period until 13 July 2020. Under this stage of the scheme, the government provided a grant equal to 80% of average profits to the self-employed, capped at...

coronavirus, self employed, self employed support

Deferral of Self-Assessment Payments On Account

Written by Tony Shackleford on March 26, 2020.

Self-assessment tax payers who are due to make a payment on account by 31 July 2020, can defer the payment until 31 January 2021. There is no interest or penalties chargeable on the tax deferred.

coronavirus, defer payment on account, payments on account deferral

Eviction Of Residential Tenants

Written by Tony Shackleford on March 26, 2020.

The Government announced that evictions of tenants from residential properties for non-payment of rent are prohibited for a 3 month period. On 5 June 2020 a further announcement extended the prohibition...

coronavirus, eviction suspension, residential eviction

Coronavirus – Suspension Of Mortgage Payments

Written by Tony Shackleford on March 26, 2020.

Individuals can apply to their mortgage provider to request a suspension of mortgage payments for up to 3 months. Residential landlords are also eligible to apply for the suspension of mortgage payments...

coronavirus, mortgage, mortgage payment suspension, Mortgage suspension

Deferment Of tax Payments To HM Revenue And Customs (HMRC) (Time To Pay Scheme)

Written by Tony Shackleford on March 26, 2020.

The Government has announced that HMRC will look favourably on business which request deferment for the payment of taxes. This is in situations where they have difficulty making payments due to the...

coronavirus, Defer HMRC Payment, Time to pay

Coronavirus – Statutory Sick Pay (SSP) For Workers Who Are Absent Due To The Coronavirus

Written by Tony Shackleford on March 26, 2020.

SSP can be recovered from HMRC from the first day of sickness / absence for coronavirus related cases. The SSP recovery also applies if a director is absent from work for the same reason and is paid...

coronavirus, Sick Pay, Ssp, Statutory sick pay

Coronavirus – Eviction Of Commercial Tenants

Written by Tony Shackleford on March 26, 2020.

The Government has announced that evictions of tenants from commercial properties for non-payment of rent are prohibited for a 3 month period.

commercial tenant eviction, coronavirus, eviction

Call us on 0121 448 7466 for a free meeting

Coronavirus – Bounce Back Loan Scheme

Coronavirus – Other Government Measures

Coronavirus Blog Updates

Self Employed Income Support Scheme (SEISS)

Deferral of Self-Assessment Payments On Account

Eviction Of Residential Tenants

Coronavirus – Suspension Of Mortgage Payments

Deferment Of tax Payments To HM Revenue And Customs (HMRC) (Time To Pay Scheme)

Coronavirus – Statutory Sick Pay (SSP) For Workers Who Are Absent Due To The Coronavirus

Coronavirus – Eviction Of Commercial Tenants

Call us on 0121 448 7466 for a free meeting

Shacklefords

Chartered Accountants and Business Advisers