In June 2020, HMRC announced a delay to the introduction of the new rules for the VAT domestic reverse charge for building and construction services. The new rules will instead come into effect on 1 March 2021. This is to help construction businesses overcome the effects that COVID-19 has had on them and to allow […]
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Hinkley Point C smashes target for spending in the South-West
The Hinkley Point C power station project has smashed its target of spending £1.5 billion with businesses in the South West, five years ahead of schedule. New figures released in the project’s latest Socio-Economic impact report show that £1.7 billion has now been spent with more than 1,100 companies across the region. The report can […]
Chancellor extends furlough scheme until October
The government’s Coronavirus Job Retention Scheme will remain open until the end of October for workers across all sectors. The Chancellor said the scheme would be made more flexible, cover all regions and sectors and allow employees to work part-time. More details here. The Somerset Chamber of Commerce have set up a COVID-19 hub, […]
The UK Government’s COVID-19 recovery strategy
The Government has published its ‘COVID-19 Recovery Strategy‘, which sets out three conditional steps to getting businesses back up and running. The Government has encouraged people to continue working from home if they can, but to go into their workplace if they cannot work from home and can safely socially-distance in the workplace. In step […]
Expansion of access to Coronavirus testing
The Government has announced that any worker who is displaying coronavirus symptoms and needs to leave their home in order to go to work can now get tested. Members of their households with symptoms – a new continuous cough or high temperature – will also be eligible for testing. For more details and to be […]
Claim for the wages of furloughed employees through the Coronavirus Job Retention Scheme
If you as a business have had to take the difficult decision to furlough staff, you can now use this online service to claim for 80% of your employees’ wages using the Coronavirus Job Retention Scheme. To make a claim, you will need: to be registered for PAYE online your UK bank account number and […]