Whitley Stimpson news

The proposed amendments to insolvency law following COVID-19

The Government announced changes to insolvency laws at a press conference on Saturday, 28 March 2020, in response to the COVID-19 outbreak.

The Coronavirus Business Interruption Loan Scheme (CBILS)

There seems to be a lot of confusion out there in terms of how the banks are supporting SME’s funding requests during the COVID-19 crisis, and in particular the Coronavirus Business Interruption Loan Scheme (CBILS).

COVID-19 update on support available

Since we last provided an update just over 24 hours ago, there have been some significant developments on the support available to help both individuals and businesses.

Whitley Stimpson warns that direct debits should be cancelled due to the VAT deferral

HMRC are supporting businesses through these unprecedented circumstances by deferring Valued Added Tax (VAT) payments for 3 months.

Whitley Stimpson advises non-resident corporate landlords to be ready for upcoming changes in taxation from 6 April 2020

Recent changes to the taxation of UK property held by non-UK residents have meant a fundamental reshuffle of tax planning in the lettings market.

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