Government Support to Businesses

On 20th March, HM Treasury announced a further series of measures to support people, jobs and businesses. This includes a Coronavirus Job Retention Scheme which will help pay people’s wages and deferring VAT and Income Tax payments. All UK businesses, including those in Wales are eligible for these two new strands of support which are being administered through HMRC.   Further guidance on what you need to do is available on the following website:  https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses   The HMRC also has a Coronavirus helpline for businesses and self-employed people and is available on 0800 0159 559. Note that the HMRC is working urgently to set up the system. Existing HMRC systems […]