On The Spot Blogs

WEP WEP WEP? Winter Economic Plan? Or...

... Will Everyone Pray? Willing Entrepreneurial Productivity? 

The Chancellor clearly thought it was time we heard from him again and he needed to act sooner with further initiatives for businesses.

 

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Coronavirus - Limited Companies - What Are Your Choices?


Now we've probably heard all the major Coronavirus announcements from the Chancellor, what choices do Director-Shareholder Limited Companies have to help them through this crisis? We provide a checklist below with signposting to the relevant part of gov.uk.

Time To Pay

Applicable to all companies and all taxes, you can call HMRC and agree a scheduled delay to paying your taxes. Have a realistic proposal that you can stick to. Signpost: https://www.gov.uk/government/news/tax-helpline-to-support-businesses-affected-by-coronavirus-covid-19

Time To File

Companies house will allow you to send in your accounts 3 months later than normal, a increase from the usual 9 months to 12 months, as long as you ask before the 9 month deadline.

 

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