Tag Archives: Covid-19

Covid-19: Defer VAT payments and income tax Payments-On-Account

VAT payment deferral Businesses do not need to pay VAT liabilities arising in the period from 20 March 2020 to 30 June 2020.  Businesses will have until the end of the 20/21 tax year to make any payments deferred under the scheme.  To be on the safe side, we think you should assume that the […]

Furloughing Employees

We’re being asked a lot of questions by clients about what the government’s Covid-19 business support measures are. We’ve got access to the same information clients have but here’s our view on what we think the guidance means: What the guidance means A furloughed employee (pronounced [fur][low]’ed) is one where he/she retains employee rights but […]