Omicron support deadline fast approaching
Businesses in the hospitality sector in England had extra support made available in the wake of the Omicron variant in December 2021. However, time is fast running out to claim it. Who can claim and what should eligible businesses do?
Businesses that have been adversely affected by the Omicron variant can apply for a grant. The precise amount depends on the business’s rateable value, and can be up to £6,000. However, the claim must be made to the relevant local authority (LA) by 28 February - just eleven days away. Any business that has not yet made a claim should do so directly via their LA’s website. It's advisable to do this as soon as possible, as reports suggest that there have been significant delays receiving payments.
Information regarding eligibility is available here.
Related Topics
-
Should you agree to your customer’s self-billing request?
A customer wants to adopt a self-billing system, meaning they will issue invoices on your behalf and charge VAT or otherwise. Can you refuse their request and what are the risks of accepting?
-
Travel expenses - exempt or not?
You have several employees who travel from home or their workplace in the course of doing their job. Naturally, you meet the cost of their travel but should you be deducting tax and NI from the payments, or are they exempt?
-
Lending to a relative - avoiding the tax trap
Your daughter needs financial help to get her company started. You’ve agreed that your company will lend her the money. Your accountant says that this will trigger a tax charge. What is the charge and how can you legitimately dodge it?
This website uses both its own and third-party cookies to analyze our services and navigation on our website in order to improve its contents (analytical purposes: measure visits and sources of web traffic). The legal basis is the consent of the user, except in the case of basic cookies, which are essential to navigate this website.