VAT deferral

As part of the Chancellor’s Winter Economy Plan he announced that businesses who had previously deferred VAT due from 20th March 2020 to 30th June 2020 will now have the option to pay this in smaller payments over a longer period. It was initially stated that this...

Further tax deferral for taxpayers

Further announcements have been made by Rishi Sunak to assist people in paying their tax liabilities as COVID appears to be taking hold once again. Previously it was possible for people to defer paying the second payments on account that were due on 31 July 2020 to 31...

Recovering the cost of Covid-19

I read with increasing trepidation the financial press predictions as to just what the Chancellor will do in the Autumn budget to recover the huge cost to the country of the Covid-19 pandemic. Predictions are of course a dangerous game to play but the general belief...