A new government backed loan scheme was launched 6 April 2021. A recent news story confirming the details is reproduced below: The scheme, which was announced at budget and runs until 31 December 2021, will be administered by the British Business Bank, with loans available through a diverse network of accredited commercial lenders. 26 […]
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The new Mortgage Guarantee Scheme
April 20th, 2021
The mortgage guarantee scheme that was announced March 2021 is intended as a temporary measure. It will be open for new mortgage applications from April 2021 to December 2022, in line with the government’s view that the current scarcity of high loan-to-value lending is primarily a response to the pandemic rather than a symptom of […]
National Insurance cut for employers of veterans
April 15th, 2021
A National Insurance contributions holiday for businesses who employ armed forces veterans comes into force 6 April 2021. The policy allows employers to claim National Insurance contributions relief for veterans they have hired during their first year of civilian employment after leaving the armed forces. Who qualifies? Employers will only be able to claim National […]
Lockdown rule changes 12 April 2021
April 14th, 2021
On 12 April, the rules that government has required us to follow to combat COVID-19, changed. From that date: non-essential retail will be able to reopen personal care premises such as hairdressers and nail salons will be able to reopen public buildings such as libraries and community centres will be able to reopen outdoor hospitality […]
Tax Diary April/May 2021
April 12th, 2021
1 April 2021 – Due date for Corporation Tax due for the year ended 30 June 2020. 19 April 2021 – PAYE and NIC deductions due for month ended 5 April 2021. (If you pay your tax electronically the due date is 22 April 2021) 19 April 2021 – Filing deadline for the CIS300 monthly […]