In outline the Self-Employed Income Support Scheme allows the self-employed to claim 80% of their average profits for the period up to 2018/19 limited to £2,500 a month, initially for a three-month period.
In a statement to the Commons, Chancellor Rishi Sunak announced a new ‘bounce back’ small loan scheme for businesses affected by Covid-19. The Chancellor announced the launch of a new “micro loan” scheme providing a simple, quick easy solution for those in need of small loans, which he termed “bounce back loans”.
The HMRC application portal opened on the 20th April for businesses to submit details of Furloughed employees. On the first day the website was very slow, but this seems to have settled down. There have been several issues uploading the data to the portal especially with overtime and bonuses, Furlough periods, part time and higher paid employees and employers being registered to use the portal.
The Government has stepped in to provide support to certain areas of the economy but even with this becoming available in the coming weeks, some
The purpose of this downloadable guidance is to give an overview of what, why and how a business might be cocooned (or mothballed) in response to the change in trading environment arising from Covid-19.
Your car, van or motorcycle’s MOT expiry date will be extended by 6 months if it is due on or after 30 March 2020 – but you must keep your vehicle safe to drive. The Driver and Vehicle Licensing Agency (DVLA) has confirmed that MOT expiry dates will be extended by 6 months for all MOTs due on or after 30 March 2020.
The Government recently provided more details on how the CJRS works. The online service is now live and opened on 20 April 2020. For a
The Government has issued its guide that the information that employers need to provide to claim for their employees’ wages. The portal to make the claim went live today 20 April 2020.
Universal Credits is not an area we generally advise clients on, however we are finding that some of our clients are falling into UC and the world of State Benefits as a result of the Pandemic. We have therefore put together this fact sheet to detail information and where to go on the Government web pages for help and support if this is something which you find yourself having to consider.
Help for the Self Employed Chancellor Rishi Sunak has announced measures to support the self-employed and partnerships. The Self-employment Income Support Scheme (SEISS) will support
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