Clients have asked repeatedly how do I access the measures implemented by the Chancellor?
PAYE
I would refer you to the latest fact sheet uploaded 26-03-20202 showing the governments proposed pathway for funding the 80% salary support scheme.
VAT
Deferral is automatic no application is required.
INCOME TAX
An Automatic offer, however it remains optional if you can pay TOA by 31st July then please do so, no interest, penalties or charges will be levied.
SSP
Automatic, however the government are still working on procedures and mechanisms for reporting and recovery.
BUSINESS RATES HOLIDAY.
Automatic, no action required it will be applied via an amended Local Authority bill issued after April 2020.
CASH GRANT for RETAIL HOSPITALITY and LEISURE.
Automatic, the Local Authority will contact all businesses that are eligible.
NURSERY BUSINESS RATES HOLIDAY.
Automatic, hereditamants will apply on your next council tax bill. For clarity hereditamants refer to the existing register with Offsted under Early Years Registration. The property is and was a provision for Early Years Foundation Stage.
SMALL BUSINESS RATES GRANT.
SBRR and RRR applicants will automatically be identified by your Local Authority and they will write to you.
BUSINESS INTERRUPTION LOAN SCHEME.
NOT Automatic, application should be made on an individual case by case, from over 40 participating banks.
HMRC TIME TO PAY
All Client/Tax Payer’s have access to this facility revamped in 2008 to include provisions for hardship requests. Application can be made direct to HMRC DEBT RECOVERY on a case by case basis.
COMMERCIAL TENANT EVICTION.
Automatic, it will be endorsed and enforced by Royal Ascent in the foreseeable future.
