No VAT payments for companies until end of June amid coronavirus crisis

  • 📰 MetroUK
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 82%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

BREAKING: No VAT payments for companies until end of June amid coronavirus crisis

said he would defer the next quarter of VAT payments for firms in a £30 billion injection into the economy.

‘And you’ll have until the end of the financial year to repay those bills. That’s a direct injection of over £30 billion of cash to businesses equivalent to 1.5% of GDP.’In the same press conference, the government announced plans to pay over 80% of wages for at-risk workers for at least three months and increase the Universal Credit standard allowance for the next 12 months by £1,000 a year.

‘We want to look back on this time and remember how we thought first of others and acted with decency.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What about those of us that are employed who pay rent, do I have to lose my job to get help with my rent? You know, those of us social housing tenants who pay full rent and council tax receive no help unless I get benefits!😡

Canada Canada Latest News, Canada Canada Headlines