Insights

13 September 2020

• Technology & Life Sciences
• Corporate Tax
• Start-up & Entrepreneurial

Some grant and funding providers have made changes to their ability to support a company considered to be an ‘undertaking in difficulty’. If your company made its first commercial sale more than seven years ago, it is vital that you are aware of the implications of these changes.

The Government announced a range of funding measures to help businesses during the pandemic but only businesses that were deemed not to be an ‘undertaking in difficulty’, could apply. In this blog, I’ve set out our understanding of the situation to date, the difficulty some companies are facing and our potential solutions.

26 March 2020

• Corporate Tax
• Start-up & Entrepreneurial
• VAT & Duty
• Coronavirus

Today, the self-employed of the UK were centre stage for the right reasons as Chancellor Rishi Sunak announced a much-anticipated and very welcome lifeline of support, of which 95% of self-employed people will be able to benefit.

24 March 2020

• Corporate Tax
• VAT & Duty
• Coronavirus

HMRC is urgently working through the details of the Chancellors announcement on Friday (20th March) that no VAT needs to be paid until 30 June 2020.