Friday, 20 March 2020

COVID-19 Update 20-03-2020

Chancellor has just finished speaking and...

-Government will pay 80% of wages for company employees who are not working, up to £2,500 a month.
-No VAT payments until after June.
-Payment on account tax payments due on 31 July 2020 deferred until 31 Jan 2021.

Will be reading the full details when published, and be updating our clients with a full overview ASAP.

In the interim if you have any queries or concerns please don't hesitate to drop me a line.

Best wishes,

Steve

Steven Hillman
Chartered Accountant

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