- you traded in the tax year 2018/19 and filed your self-assessment tax return on or before 23 April 2020;
- you traded in the tax year 2019/20;
- you intend to continue to trade in the tax year 2020/21; and
- you carry on a trade which has been adversely affected by coronavirus. Adversely affected includes being unable to work because you are shielding, self-isolating or are on sick leave or you have care responsibilities because of the virus or you have reduced or temporarily stopped trading because your supply chain has been interrupted, your business has fewer or no customers or your staff are unable to work.
The Economic Crime and Corporate Transparency Act received Royal Assent on Thursday 26 October. Robust laws to fight fraud, counter corruption and bolster legitimate business.