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In these unprecedented times and following the Chancellor’s additional announcements yesterday, we wanted to provide an overview of the key measures currently in place, or in the process of being put in place, to support businesses through the current challenges.
We will be following things closely over the coming weeks and months and will provide updates when appropriate. Please also contact one of us if you have any questions or concerns about the impact that Coronavirus is having on your business or if you feel we can help in any way.
We are here to provide whatever help and support we can.
The following link to the Government website provides a useful place to start: click here
1. Time to Pay Arrangements
HMRC have launched a new helpline for businesses and individuals who have concerns about paying their tax due to the impact of coronavirus. Details are contained in this link. The helpline covers Self Assessment, PAYE, VAT and Corporation Tax. The phone number is: 0800 0159 559.
2. Statutory Sick Pay
Details of extra measures being taken in respect Statutory Sick Pay can be found in the following link.
3. Business Interruption Loan Scheme
** More details to follow in due course.
4. Business Rates Holiday and Grant
5. Support for Businesses Paying Little or No Business Rates
Clark Benefit Consulting Limited
"Our business was growing and our old accountants just weren’t able to offer the timely and proactive advice that we needed. Paul and Martin came highly recommended so we moved to Ashton Allsop. The difference was night and day and they had an immediate impact, they spotted issues not seen before and identified allowances we should have used from HMRC. We speak regularly, we work with them through Xero and other tools they make available and everything is made clear and understandable. We were so impressed that we’ve moved our bookkeeping and payroll and they now complete our R&D applications. They provide a fantastic service and have saved us so much time and money, whilst reducing our total accounting costs. We consider them an extension of our company and couldn’t work without them."
Stephen Hickey, CEO Digital Control Rooms