New lockdown grants announced by Chancellor

New lockdown grants announced by Chancellor

The Chancellor yesterday announced new lockdown grants worth £4.6 billion, following confirmation of a third national lockdown in England. Expected to endure until at least mid-February, the grants are intended to support the most severely impacted businesses and sectors. Grants

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Furlough scheme continues as lockdown confirmed

Furlough scheme continues as lockdown confirmed

As we face a second lockdown, the government has confirmed the continuation of the furlough scheme until  December 2020. New Coronavirus restrictions will take effect on 5 November 2020 and remain in place for four weeks, until 2 December 2020.

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Reduced VAT rate for hospitality sector raises questions

Reduced VAT rate for hospitality sector raises questions

In his Summer Economic Update, the Chancellor announced a temporary 5% rate of VAT for certain hospitality and tourism supplies. Following questions put to them by the Association of Taxation Technicians (ATT) about the measure, which applies between 15 July

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Hospitality venues claim under Eat Out to Help Out scheme

Hospitality venues claim under Eat Out to Help Out scheme

With the second week of ‘Eat Out to Help Out’ ended, pubs, bars, restaurants, and other eligible hospitality venues can now make claims via the online portal. Customers are entitled to a 50 per cent discount, on Mondays, Tuesdays and

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Local business grant funds topped up by Government

Local business grant funds topped up by Government

The Government has announced a discretionary fund, to accommodate certain small businesses outside the scope of existing business grant schemes. An additional £617 million will be made available to local authorities in England. This is a 5% uplift to the

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