As a result of the huge pressure many businesses have been put under due to the pandemic, HMRC have offered various support arrangements, ranging from support grants to payment deferrals.
VAT returns that would normally have been payable between 20 March and 30 June 2020 were deferred and payable by 31 March 2021. HMRC have now confirmed that these VAT returns can now be deferred further under a new payment scheme.
This will be an opt in scheme that will be open shortly. You must opt in yourself if you would like to use the scheme, an agent cannot do this for you.
Instead of paying the full amount by the end of March 2021, you can make up to 11 smaller monthly instalments, interest free. All instalments must be paid by the end of March 2022.
The scheme will allow you to:
To use this scheme, you must:
Before opting in you must:
You should also:
If you are not eligible for the new repayment scheme, or you are still unable to pay and need more time, HMRC may be able to offer you a payment plan that factors in your particular circumstances. You should give HMRC a call as soon as possible if this is the case. Failure to make a payment on time without prior approval may result in surcharges.
It's back! As the sun is shining and pubs across the UK have finally begun to reopen, our regular monthly Menu Matters feature is returning.
This month, Martin Eshelby, the food innovation manager at food supplier Oliver Kay, has taken a look at food ideas for the Euro tournament, advice on hosting a winning BBQ and suggested some seafood and snacking recipe ideas. Long may the sunshine continue!
Watching sport on TV is very much a drinks-led occasion for most barstool pundits, but offering a tailored food menu to accompany all those pints and pitchers helps to keep the crowds happy, and also increases profits – especially if you take the menu a few notches up from the standard bagged snacks.
Premium sausage rolls, pork pies and scotch eggs can easily form the basis of a summer bar snack menu. Specialist catering suppliers such as Campbell Brothers (www.campbellbrothers.co.uk) should be your first port of call, offering a wide choice, but if you have the time to make your own bar snacks, all the better.
Campbell Brothers also sell pie casings to add your own fillings, while this recipe for a Pork and Rhubarb pie is a wonderful fresh take on a pub favourite: www.oliverkayproduce.co.uk/food-info/seasonal-recipes-ideas/252-porkrhubarbpie
Licensees need to ensure staff are fully trained to support vulnerable customers or face losing their reputation as a safe and secure venue, National Pubwatch has warned.