News

Hardship Fund

The huge monetary and fiscal stimulus measures announced by the government and the Bank of England has seen amongst other measures interest rates lowered by 0.5% and a significant package of targeted measures to help support those affected.

One of these measures was the launch of a new £500 million Hardship Fund to help support economically vulnerable people and households. The details on this fund are hard to come by, but it appears the money will be distributed to Local Authorities by government. The government expects most of this funding to be used to provide more council tax relief, either through existing Local Council Tax Support schemes or similar measures.

This Hardship Fund will likely need to be scaled up over the coming months as the full force of COVID-19 becomes apparent. We would also be interested to see further information on who will be eligible to claim from this fund. We will publish more information on this scheme as it becomes available.

Source: HM Government Wed, 18 Mar 2020 05:00:00 +0100

Newsletter

With our newsletter, you automatically receive our latest news by e-mail and get access to the archive including advanced search options!

> SIGN UP FOR THE NEWSLETTER
> LOGIN

Some accountancy websites also provide pages and pages of tax information, helpsheets, etc. We prefer to give clients personally tailored advice. So, if you want details of tax rates and allowances just go to the HMRC website on which you should find what you’re looking for. If you need more individual advice please contact us.

Below are links to websites you may find of interest, but as we like to support our local community and clients, we have included links to websites that may be of interest:

HMRC
FT
BBC
VEALE WASBROUGH VIZARDS
CESP
PRACTICE INDEX
SIMCOMM ACADEMY

More Local:
FOOTPLATE EXPERIENCE
ANGLEBURY PRESS
OFFCAMBER.CO.UK