Blog
UK VAT – changes for hospitality, holiday accommodation and attractions
The government plans to change UK VAT from 20% to 5% for hospitality, holiday accommodation and attractions.
Sage Accounting – UK VAT change announcement
In the Chancellor’s summer statement, he shared the government’s plans to change UK VAT from 20% to 5% for the hospitality and tourism sectors
Register your establishment for the Eat Out to Help Out Scheme
You can use the Eat Out to Help Out Scheme to offer a discount to diners and encourage them to eat at your restaurant.
Summer Economic Update
On Wednesday, the Chancellor Rishi Sunak made a speech entitled “Summer Economic Update”.
Reduced income due to COVID-19 and back-dated child benefit
Covid-19 is causing many people hardship and a reduction in their income.
Trusts and passing on wealth
There are many ways to reduce or eliminate the inheritance tax payable on your estate without using trusts.
HMRC resumes investigations after COVID-19
After temporarily pausing tax investigations as COVID-19 business support measures rolled out earlier this year, HMRC has restarted probes into businesses and individuals’ tax affairs.
Economic Resilience Fund Phase 2 – now open for applications
Welsh Government’s Economic Resilience Fund (ERF) Phase 2 is now open for applications.
Pay Coronavirus Job Retention Scheme grants back
The Government has provided guidance on how to pay all or some of your grant back if you’ve overclaimed through the Coronavirus Job Retention Scheme.
Start Up Grant – support for Welsh businesses
The Welsh Government has announced a ‘Start Up Grant’ to support new businesses in Wales in dealing with the severe impact of Coronavirus.
How different circumstances affect the Self-Employment Income Support Scheme
The Self-Employment Income Support Scheme currently allows you to claim a taxable grant worth 80% of your average monthly trading profits
Changes to the Coronavirus Job Retention Scheme
The Coronavirus Job Retention Scheme will close on 31 October 2020.