The Prime Minister has set out the government’s objectives for easing lockdown restrictions.
If the planned opening of schools, social interactions and businesses is achieved without significant increases in infection, after 21st June 2021, there will be no legal limits on social contact. Which means, all businesses including hospitality and entertainment concerns will have the opportunity to reopen.
Initially, the focus is to get children back to school (from 8 March 2021). There will also be gradual relaxation in rules for mixing outdoors including outdoor sporting amenities (from 29 March 2021). From 12 April 2021, indoor leisure, increased outdoor mixing, zoos, theme parks, hairdressers and other family events will be eased.
Businesses that can take advantage of these changes will need to consider their options. Many will have had their finances stretched by the seesaw lockdowns and closures.
Now is the time to plan for recovery. Please call if you would like to discuss your options.
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1 March 2021 - Due date for Corporation Tax due for the year ended 31 May 2020. 2 March 2021 - Self-assessment tax for
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Under the third Self-Employed Income Support Scheme (SEISS) grant, claimants received up to 80% of average trading
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We wanted to remind our readers of the Inheritance Tax (IHT) implications of making cash gifts during the current tax
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