Small Business Accountancy Blog From RIFT Accounting in Kent

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  • Another Reverse VAT Delay

    Another Reverse VAT Delay

    The new domestic reverse charge scheme has been pushed back to March 2021.

  • Furlough Scheme and Self-Employment Income Support Update

    Furlough Scheme and Self-Employment Income Support Update

    In an update on the 29th of May 2020, Chancellor Rishi Sunak confirmed the shutting down of the government’s coronavirus furlough scheme at the end of October by. In addition, employers will start to shoulder more of the burden of paying employees’ wages, National Insurance and pension contributions from August.

  • Claim a grant through the Self-Employment Income Support Scheme

    Claim a grant through the Self-Employment Income Support Scheme

    If you're self-employed or a member of a partnership and have been adversely affected by coronavirus (COVID-19) find out if you can use this scheme to claim a grant

  • VAT Payment Deferral

    VAT Payment Deferral

    Temporary rules allow VAT Payments to be deferred without interest or penalties.

  • The Coronavirus Job Retention Scheme

    The Coronavirus Job Retention Scheme

    A new scheme sees the government paying 80% of “furloughed” workers' wages to help businesses and employees through the quarantine.

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