Entries by chrissie

VAT paid in error during COVID-19

HMRC have recognised that some taxpayers have encountered problems when trying to take advantage of some of the COVID-19 measures, and have announced details of the procedure for taxpayers who have paid their VAT returns in error (e.g. direct debit not cancelled) when they meant to defer the payment under the COVID-19 VAT deferral easement. […]

Changes to Furlough

On Friday 29th May 2020, Rishi Sunak announced the changes that would be made to furlough leave and the CJRS (Coronavirus Job Retention Scheme).  He explained that as from 1st July, there would be a more flexible approach to furlough, to allow for part-time work whilst still benefiting from the scheme. So, what are the […]

Second Lump Sum for Self-Employed

29 May: The Chancellor has announced a second and final grant to the self-employed who are eligible for the Self-employment Income Support Scheme (SEISS), based on 70% of earnings and capped at £6,570. HMRC has confirmed the same eligibility criteria will be used to establish self-employed individuals’ entitlement to a further SEISS grant; the grant […]

SEISS (Self-Employment Income Support Scheme)

This week HMRC have started contacting self-employed customers who HMRC think could be eligible for the Self-Employment Income Support Scheme (SEISS), based on the information provided in their 2018 to 2019 tax return. They are inviting customers to use their online checker which will quickly confirm whether they are eligible and will give customers a […]

Positive Cash Flows during COVID 19

Ways for businesses to keep a positive Cash Flow During COVID-19 One of the most important ways to keep your business healthy is to ensure positive cash flow. Under normal circumstances, this is not a problem, but due to the Corona crisis, it has become harder for businesses to maintain positive cash flow. For this […]

Coronavirus Job Retention Scheme

During this time, the government have brought in many ways to access help and support with small businesses.  One is the Coronavirus Job Retention Scheme. HMRC are hosting a webinar later this week.  Please click below to access the registration details. https://content.govdelivery.com/accounts/UKHMRCED/bulletins/2858066 Please do contact us if you have used this facility with your staff and we […]

Chancellor unveils new measures to SME loan scheme

The government’s Covid Business Interruption Loan, a funding package, was originally created for firms who were unable to secure regular commercial financing during the economic downturn of the virus. But now Rishi Sunak has extended CBILS to all viable small and medium business who have faced financial difficulty during the COVID-19 pandemic. The government is […]

An Extension for filing your annual accounts

Companies can apply for an immediate and automatic extension on filing their accounts if they think that COVID 19 will cause delays in filing accounts. You must apply before the filing deadline. Follow this link:  https://beta.companieshouse.gov.uk/extensions?_ga=2.234769625.690888286.1585564098-1247673890.1582625672 If you require any assistance, please do not hesitate to contact us:  info@bennewith.co.uk

A grant for Self-Employed

The government are upgrading the advice and support on a daily basis.  Please follow the link below to find out about the grants available to the self-employed at this time. https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme Please contact the office should you require any support:  info@bennewith.co.uk


The Chancellor has announced a new Self-employment Income Support Scheme to support self-employed people who have been adversely affected by COVID-19. GOV‌.UK has further details about who is eligible for the scheme and how it will work. Self-employed people do not need to get in touch with HMRC as the scheme isn’t yet open for applications. […]