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eBay Supports Small Businesses by Waiving Fees

27 Mar 2020

eBay has today pledged to support small business owners by offering a 30day payment holiday for existing sellers and is waiving fees for all new businesses registering to list or sell until... Read more…

Deferral of VAT payments as a result of COVID-19

27 Mar 2020

UK VAT registered business with VAT payments due between 20 March 2020 and 30 June 2020 have the option to defer the payment until a later date or pay the VAT due as normal
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Coronavirus Job Retention Scheme guidance

27 Mar 2020

Check if you could be covered by the Coronavirus Job Retention Scheme
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Government Announces Three Month Extension for Businesses to File Accounts

26 Mar 2020

The deadline for filing all accounts will be extended by three months for businesses that have been affected by Covid-19
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Help with non-domestic rates in Scotland during coronavirus (COVID-19)

25 Mar 2020

To help owners of non-domestic properties, including businesses, deal with the impact of COVID-19, the Scottish Government has made changes to non-domestic rates (business rates) for 2020-21.... Read more…

COVID-19 Job Retention Scheme Advice for employers

24 Mar 2020

Tthe latest information on how employers can access the Job Retention Scheme (JRS) to continue paying 80% of the salary for employees that would otherwise have been laid off or made... Read more…

The Government's latest COVID-19 resources for retailers

16 Mar 2020

Resources for retailers with regard to the developing situation on COVID-19 including workplace absences, travel advice, office hygiene, the 2020 Budget and sick pay.
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How your independent shop will be affected by the budget

12 Mar 2020

How the Chancellor's Budget will affect independent shops as it sets out the Government's fiscal measures and response to Coronavirus

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Local Bike Shop Day Stories: Rides on Air

11 Mar 2020

Rides on Air has been in Wallingford town centre for almost 100 years. Read about how they will be celebrating Local Bike Shop Day this year!
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Get your shop involved with Local Bike Shop Day Stories

5 Mar 2020

Local Bike Shop Day Stories is an initiative that helps to spread the word of the positive impact that local bike shops have on their local communities
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Government Announces Three Month Extension for Businesses to File Accounts

Posted on in Business News, Cycles News

The Department for Business, Energy and Industrial Strategy announced Retail yesterday morning (25th March) that the deadline for filing all accounts will be extended by three months for businesses that have been affected by Covid-19. Under normal circumstances, companies that file accounts late are issued with an automatic penalty.

As part of the measures, while companies will still have to apply for the three month extension to be granted, those citing issues around Covid-19 will be automatically and immediately granted an extension.

Business Secretary Alok Sharma said: "We have outlined a business support package on an unprecedented scale, backing companies and their employees through these challenging times. But it is important that our support is not limited to financial assistance. We are determined to help businesses in any way we can, so that they can focus all their efforts on dealing with the impact of Coronavirus, and this new offer of a three month extension for filing accounts is part of that."

The extension on filing accounts builds on the existing measures that Government have announced to support businesses. A full list of these is available here.

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