top of page

HMRC “Support for Business” Provisions

  • Deferring VAT and Self-Assessment payments

  • Self-employment Income Support Scheme

  • Statutory Sick Pay relief package for small and medium sized businesses (SMEs)

  • 12-month business rates holiday for all retail, hospitality, leisure and nursery businesses in England

  • Small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief

  • Grant funding of £25,000 for retail, hospitality and leisure businesses with property with a rate-able value between £15,000 and £51,000

  • Corona virus Business Interruption Loan Scheme offering loans of up to £5 million for SMEs through the British Business Bank

  • HMRC Time To Pay Schemes

26 views

Recent Posts

See All

VAT REVERSE CHARGE – CHANGES FROM 1 MARCH 2021

With effect from 01/03/2021 work carried out in the Construction Industry Scheme, and VAT could be subject to the new rules The reverse charge mechanism shifts the liability for accounting for output

Retention Scheme and Payroll Support

The Coronavirus Job Retention Scheme is a government grant to reimburse employers for 80% of furloughed workers net wage to a maximum of £2,500 per month + Employers NI and Pension Contributions.  To

bottom of page