One of the main money earners for the Exchequer which was announced in the Spring Budget was the increase in the rate of corporation tax for companies for periods after 1 April 2023.
Following the introduction of the new lockdown this week, Peter provides an update on the coronavirus related financial support schemes that are still available to businesses and other taxpayers.
Peter provides an update on the Job Support Scheme, Job Retention Bonus, Self-Employed Income Support Scheme & VAT Deferral following Sunak’s latest announcement!
Peter summarises the main announcements from Sunak’s Summer Statement including the Job Retention Bonus, the reduction in VAT and the Stamp Duty cuts.
In Peter’s latest Covid-19 Financial Support Update he breaks down the changes to the job retention scheme, the end of VAT deferral and more!