bounce back loans Archives - WRLO Accountants https://www.wrloaccountants.co.uk/tag/bounce-back-loans/ Chartered Accountants & Business Advisors Tue, 09 Mar 2021 18:15:36 +0000 en-GB hourly 1 https://wordpress.org/?v=6.9.4 https://www.wrloaccountants.co.uk/wp-content/uploads/2018/01/cropped-WRLO-logo-big-32x32.jpg bounce back loans Archives - WRLO Accountants https://www.wrloaccountants.co.uk/tag/bounce-back-loans/ 32 32 March 2021 news https://www.wrloaccountants.co.uk/march-2021-news/ Tue, 09 Mar 2021 18:15:25 +0000 https://www.wrloaccountants.co.uk/?p=3374 In this month’s Enews we consider the Chancellor’s 2021 Budget announcements, a new deadline for Self Assessment penalties and an online system for VAT deferrals. With guidance on off-payroll working rules, the VAT reverse charge and extra time for businesses to repay COVID support there is a lot to update you on. Sunak set out Budget to protect businesses Business groups welcome Budget Late payment penalties for Self Assessment waived until 1 April Online service opens for VAT deferral scheme HMRC clarifies off-payroll rules Domestic VAT reverse charge comes into effect on 1 March Borrowers of Bounce Back loans given six more months for repayments Advisory fuel rates for company cars Sunak set out Budget to protect businesses Chancellor Rishi Sunak set out a Budget to protect businesses through the pandemic, fix the public finances and begin building the future economy. The Chancellor once again pledged to do ‘whatever it takes’ during the COVID-19 pandemic and confirmed that the furlough scheme would be extended until September 2021 to support jobs through the crisis. Mr Sunak also confirmed that the Self-Employment Income Support Scheme (SEISS) has also been extended, with two further grants this year. Claimable by the self-employed, including the […]

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