Chancellor Extends Furlough Scheme Until October
The government’s Coronavirus Job Retention Scheme will remain open until the end of October. The key points announced by Chancellor Rishi Sunak are: Coronavirus Job Retention Scheme will continue until end of October furloughed workers across UK will continue to receive 80% of their current salary, up to £2,500 new flexibility will be introduced […]
New guidance launched to help get us safely back to work
The Government has published guidance for employers to help them get their businesses back up and running and workplaces operating safely. New ‘COVID-19 secure’ guidelines are available to UK employers to help them get their businesses back up and running and workplaces operating as safely as possible. The government has consulted approximately 250 […]
Check if you can claim a Grant through the Self Employment Income Support Scheme
HMRC updated their guidance 4 May to outline the process for applying for SEISS, full details can be found here. The scheme will allow you to claim a taxable grant of 80% of your average monthly trading profits, paid out in a single instalment covering 3 months, and capped at £7,500 altogether. You […]
Opening a Government Gateway Account – Self Employed Income Support Claims
HMRC have issued some more details relating to the claims for the Self-Employed Income Support. The latest guidance was issued by HMRC on 1 May and information around this can be found here. As with many HMRC “guidance notes” issued recently, these tend to be quite basic, and, unfortunately, leave many questions unanswered. It is […]
Details of the Self Employed Income Support Scheme
HMRC update their Guidance on the SEISS scheme. A summary from the HMRC website guidance: Who can claim? You can claim if you are a self-employed individual or a member of a partnership and: you carry on a trade which has been adversely affected by coronavirus you traded in the tax year 2018 […]
Factsheet: Pivoting and repurposing a business
Covid-19 has had a big impact on many SMEs in the UK. A recent study by the Office for National Statistics showed that nearly 40% of businesses in the UK had a substantially lower turnover. With the current level of disruption likely to remain for some time, many businesses are adapting their practices to continue […]
Coronavirus Bounce Back Loans for small business
Written 28 April 2020 Microbusiness “Bounce back” loans 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 […]
MOT’s due from 30 March 2020
Guidance regarding MOT testing during the Coronavirus Crisis 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 […]
Coronavirus Job Retention Scheme: Step by Step Guide for Employers
Written 20 April 2020 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. The full guide can be found here The step by step guide will take […]
How To Claim For Your Employees’ Wages Through The Coronavirus Job Retention Scheme (CJRS)
Updated 21 April 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 step by step guide to submitting your claim see here. We have the capability to calculate and submit your CJRS Claim so please let us […]
