Business rates relief and reform may well be on the cards. Expect an extension to business rates relief in the Budget on 3 March and indications of the path business rate reform might take.
HMRC has clarified the payment options and how to join the VAT deferral new payment scheme. The online service will be open between 23 February and 21 June 2021.
Bounce Back Loan repayments can be delayed further as Chancellor extends Pay as You Grow options.
Latest Business Impact of Coronavirus Survey (BICS) shows short term pressures on businesses and mixed effects on turnover. CBI calls for long term national economic vision and strategy.
Wayne Thomas, partner at Bates Weston, looks at the cashflow pressures that are mounting for businesses.