Somerset’s five Local Authorities are jointly undertaking this vital survey to help us better understand and respond to local business needs, with a particular focus on the impacts that COVID-19 will have had on many businesses over the last 12 months. By completing this survey, you will be providing much needed intelligence to help shape […]
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Hinkley Point C – End of year video 2020
In a year that has been very different at the Hinkley Point C construction site, the usual end of year film has been changed to reflect the efforts of the Somerset workforce during the Coronavirus pandemic. Presented by the site’s full-time chaplain, Ewen Huffman, workers from bus drivers to catering assistants take centre stage in […]
Domestic reverse VAT charge for building and construction services – a guide to the changes from HMRC
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 […]
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 […]