Business Rates and Tax Support & Advice

VAT & Income Tax

income tax deferral

Income Tax Payments

You can also defer your second payment on account on your Self-Assessment income tax bill which is normally due on 31 July. If you do choose to delay payment, you will have until 31 January 2021 to pay it. If you owe less than £10,000, you may be able to arrange to pay in instalments online. Call the Self-Assessment Payment Helpline for more information on 0300 200 3822 (Available 8am – 4pm Mon – Fri).

For more information on VAT & Income Tax support click here or you can call the HMRC COVID-19 Tax Helpline if you have any specific questions about your ability to pay your tax on 0800 024 1222 (Available 8am – 4pm Mon – Fri).

Check what expenses are taxable if your employee works from home due to COVID-19 here

time to pay

Time to Pay Service 

If you are a business or self-employed, be that a sole trader or freelance worker and you are in financial distress as a result of COVID-19 with outstanding tax liabilities. Assessed on a case by case basis, you may be eligible to receive support. 

For more information click here or call the HMRC’s COVID-19 Helpline on 0800 015 9559

Business Rates Support

business rates for hospitality

Business Rate Relief for Retail, Hospitality and Leisure sector

Business in these sectors will not have to pay business rates for the 2020 to 2021 tax year. The rate relief will automatically be applied by your local authority. 

You qualify if your business property is a:

  • Shop
  • Restaurant, café, bar or pub
  • Cinema or live music venue
  • Sports club, gym or spa
  • Hotel, guest house or self-catering property 

You will also be able to receive business rate relief if your business is a nursery on Ofsted’s Early Years Register or provides care and education for children up to five years old. 

For more information on the Retail, Hospitality & Leisure Business Rate Relief click here and Nurseries can click here

support if you pay little tax

Support for Business that pay little or no tax

If your business receives small business rate relief, rural rate relief or tapered relief, you may be eligible for a one-off grant of £10,000 to help meet ongoing business costs – click here for more information