️HMRC have announced that they will not be charging late filing penalties for 2020/21 self-assessment tax returns, provided it is submitted by 28 February 2022.

The latest in our series of quick-fire client interviews, Jeffreys Henry speaks to Dan Anton, co-founder of Lahpet. Lahpet started life as a pop-up in the railway arches of London Fields by co-founders Dan Anton and Zaw Mahesh, before opening their first permanent site in Shoreditch in 2018. Lahpet remains one of London’s only restaurants to specialise in Burmese cuisine. Dan talks about the success of DIY kits during lockdown, how they prepared for indoor re-opening as restrictions eased,  and opening their second and largest site in the midst of the pandemic. 

The Business Recovery Loan Scheme (RLS) launched on 6 April 2021 as a replacement of the previous coronavirus loan schemes (BBLS, CBILS and CLBILS). It has been designed to support businesses of all sizes across the UK recover from the financial impact of the Covid-19 pandemic. The government-backed scheme is available via a range of lenders.

The Government has extended the furlough scheme for a further month until the end of November, as England prepares to go into another lockdown.

Yotam, who owns 6 restaurants in London, discusses how the new restrictions have been a hindrance to the recovery of the hospitality industry, what he believes the government should be doing to offer more support and where he sees the future of the industry.

Rishi Sunak has announced new support measures for hospitality, accommodation and leisure businesses that fall under the Tier 2 coronavirus alert areas.

In August, HMRC issued the first wave of compliance letters in regards to the Coronavirus Job Retention Scheme (CJRS) after moving into the post-transaction review phase of the scheme.

Over 83,000 restaurants have now signed up for the government’s Eat Out to Help Out scheme, designed to protect jobs and boost sales in the hard-hit hospitality sector. In the first week alone, over 10.5 million meals were discounted, however, just how much is this helping the industry?

Next up in a series of quick-fire client interviews held during lockdown, Jeffreys Henry LLP speaks to Emilio Sanz, CEO of Acurable, a London-based medical devices company. Acurable is known for the AcuPebble sensor, the first wearable medical device to accurately diagnose and manage respiratory conditions at home. Emilio speaks to us about how healthcare companies are adapting to the new normal, shares his advice for others in the industry and gives us an insight into the future of Acurable and medical technology.

On 8th July 2020, the Chancellor, Rishi Sunak, delivered a “mini-Budget” in response to the Covid-19 outbreak, announcing several measures to support the Hospitality & Tourism industry, such as VAT cuts and the introduction of the “Eat Out to Help Out” scheme. We have summarised the key announcements and action points.