The Chancellor yesterday (8 Jul 2020) announced a number of new measures to support businesses amid the pandemic. Coronavirus Job Retention Scheme No extension to the scheme was announced so as planned, the scheme will end in October. However the chancellor did announce a new job retention bonus. Businesses who bring back furloughed staff will […]

Sole traders with July payment on account due by 31st July can defer this payment for up to 31st Jan without incurring interest and penalty. You are not required to contact HMRC. A further HMRC guidance is available here.