Coronavirus
Coronavirus is a worldwide pandemic that is affecting millions of individuals and businesses. These are uncertain and unprecedented times and as the spread of Covid-19 continues, we want to support you, our clients, the best we can. Hopefully a brighter future lies ahead with the roll-out of the vaccine now taking place.
We will be posting updates on this page as soon as the UK Government announces any new measures to tackle the virus and support you and your business.
Latest COVID-19 update
Coronavirus restrictions remain in place. Find out what you can and cannot do.
(COVID-19) Coronavirus restrictions: what you can and cannot do – GOV.UK (www.gov.uk)
Government launches CIS consultation
Government aims to simplify payments under the scheme.
VAT registration helpline closed
HMRC will focus efforts on registration applications.
Late payment interest rate rises to 7%
Interest has doubled since May 2022.
HMRC plans to simplify construction industry scheme
The scheme may be causing “unnecessary” administrative burdens.
One in five taxpayers will pay higher tax rate
Threshold freezes could see 7.8 million pay 40%.
VAT registration helpline set to close
HMRC will prioritise registration applications.