Omicron support deadline fast approaching
Businesses in the hospitality sector in England had extra support made available in the wake of the Omicron variant in December 2021. However, time is fast running out to claim it. Who can claim and what should eligible businesses do?
Businesses that have been adversely affected by the Omicron variant can apply for a grant. The precise amount depends on the business’s rateable value, and can be up to £6,000. However, the claim must be made to the relevant local authority (LA) by 28 February - just eleven days away. Any business that has not yet made a claim should do so directly via their LA’s website. It's advisable to do this as soon as possible, as reports suggest that there have been significant delays receiving payments.
Information regarding eligibility is available here.
Related Topics
-
Can sale with no goodwill charge still qualify as TOGC?
You are selling an unprofitable part of your business but the sale does not include any charge for goodwill due to trading losses. Can the sale still qualify as the transfer of a going concern and what conditions must you meet?
-
VAT on electricity to be cut
The new Prime Minister has announced a cut to the rate of VAT on electricity from 1 October. What's the full story?
-
IHT planning with the family home
You want to take steps to reduce your inheritance tax (IHT) exposure but most of your wealth is tied up in your home. You don’t want to downsize anytime soon so which tax planning options could help you?
This website uses both its own and third-party cookies to analyze our services and navigation on our website in order to improve its contents (analytical purposes: measure visits and sources of web traffic). The legal basis is the consent of the user, except in the case of basic cookies, which are essential to navigate this website.