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Government initiatives for Small Businesses

30th March, 2020

Government initiatives for Small Businesses

Whether you are a small company starting out, or a large multinational with a trading history as long as time, the current pandemic that faces communities around the world will be affecting you in some way. In an effort to reduce the wide scale impact, the Government has stepped in with a range of measures to support UK businesses during this period of unprecedented uncertainty.

They are as follows:

Relief for Small Businesses

Additional relief for companies specifically operating in the Leisure, Retail and Hospitality Industries

HMRC Time to Pay

HMRC have also set up a Payment Support Service for anyone who is unable to make any other tax payments to HMRC as a result of Coronavirus; Payment Support Service- Telephone: 0300 200 3835

How can we help you?

As specialists in advising on UK Tax, WTT can talk you through any of the above measures, to help you navigate your way through an unprecedented time. There will be no fee for this, please simply contact our client services team on 020 3468 0000 or info@wttconsulting.co.uk to arrange a call with one of our specialists.

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Whether you simply have a quick question, or were seeking a more formal conversation to discuss your tax needs, drop your details here and we will be in touch! Alternatively, you can contact us on +44 (0)20 3468 0000.