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
Chartered Accountant
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