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Stay up to date with all the latest accounting, tax and company news on our Wheelers Words blog posts.
Wheelers Words: Latest updates on COVID-19 Support
CJRS Scheme update Further to our last update HMRC have now released further details on how the scheme will work from 1 July. Only employees who you have claimed for prior to this date can be...
Wheelers Words: Latest updates on COVID-19 Support
Discretionary Grant Business Support Fund The Government made available additional grant funding for local councils to distribute amongst businesses in their area. Fenland District Council have now...
Wheelers Words: Latest updates on COVID-19 Support
Over the last week or so we have seen various announcements which have made changes to the support for businesses. We have outlined the main changes below, but it should also be noted that the loan...
Wheelers Words: Latest update on COVID-19 Support
Self Employed Support Scheme The new portal for claiming opened this morning for people with an allocated slot. Please refer back to the update from Monday on who is eligible to claim. Once you have...
Wheelers Words: HMRC Support Finder and SEISS Update
HMRC Support Finder HM Revenue and Customs (HMRC) have issued an online tool which can be used to help you find out what support may be available to you and your business during the Covid-19 crisis....
Wheelers Words: Corona Job Retention Scheme Update
HMRC have been contacting Employers directly by email if they hold an email address for the business. Yesterday they released further details on how the claim system for furloughed workers will be...
Wheelers Words: Latest update on COVID-19 Support
HMRC online portal for Furloughed Employees It was announced that HMRC were to fund 80% of employees pay to a maximum of £2,500 as well as the respective Employers National Insurance and Pension...
Wheelers Words: Latest update on COVID-19 Support
Income Tax July 2020 payment deferral HMRC had originally indicated that the payment due on 31st July 2020 could only be deferred if you were self-employed. They have now confirmed this is available...
Wheelers Words: Further announcements – COVID-19 Support
Support for Self Employed Businesses disrupted by COVID-19 There have been new measures released to support self-employed workers in a similar way to employees. The Chancellor has announced that the...
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