Government

‘Self-employed need online account to access government support’

Self-employed people need to ensure they have a Government Gateway account set up ahead of Wednesday 13 May, when the system for claiming grants under the Self-Employment Income Support Scheme (SEISS) goes live. The warning, from the Association of Taxation Technicians (ATT), comes at a time when many self-employed people are working to save their business in the face of

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Sarah Palmer delivers Government Gateway guidance

Creating and setting up your government gateway account might seem mundane, but ensuring that it is done in the right way will allow you to manage all of your taxes online and importantly access the SEISS grant. We have split this guide into two sections – Creating your government gateway account, which should only be completed once (per business) and

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Small firms demand changes to grant scheme

Some 12,000 small businesses have signed a petition asking the government to look again at its grant scheme, as anger mounts that many SMEs and micro businesses are missing out on £1bn worth of Covid-19 Small Business Grants. Office expert Jonathan Ratcliffe explains: “Put simply, if you don’t have a business rates account for your business with your local authority

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Lords call for ‘indefinite delay’ to IR35 plan

A House of Lords committee is urging the government to delay plans to roll out the IR35 tax legislation, which is scheduled to come into effect on 6 April 2021. Sent on 22 April 2020, the letter welcomed the government’s decision to push the reforms into next year, but argued that they should be delayed indefinitely until concerns can be

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Bounce Back finance scheme announced

Small business can now benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders, the chancellor Rishi Sunak has said. This new Bounce Back Loans scheme, which will provide loans of up to £50,000, aims to help bolster the existing package of support available to the smallest businesses affected by the current pandemic. Loans

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Universal credit claimant verification

People applying for Universal Credit will now be able to use their existing Government Gateway account to confirm their identity, helping to speed up their claim. The move is expected to help thousands of claimants applying for the benefit and will be available to those who have used the Government Gateway in the last 12 months to access their Personal

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Wrongful trading provisions suspended

The government has announced changes to enable UK companies undergoing a rescue or restructure process to continue trading, giving them breathing space that could help them avoid insolvency. This will also include enabling companies to continue buying much-needed supplies, such as energy, raw materials or broadband, while attempting a rescue, and temporarily suspending wrongful trading provisions retrospectively from 1 March

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Ban on evictions for commercial tenants who miss rent payments

Commercial tenants who cannot pay their rent because of Coronavirus will be protected from eviction, the government announced. Many landlords and tenants are already having conversations and reaching voluntary arrangements about rental payments due shortly, but the government recognises businesses struggling with their cashflow due to Coronavirus remain worried about eviction. These measures, included in the emergency Coronavirus Bill 2020,

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