UK businesses who claimed financial support via the Covid-19 business support schemes may be liable for tax payments on their income of taxable profits.
In this article, we’ll explain how to declare these support payments via your Company Tax Return or Self-Assessment.
The Chancellor, Rishi Sunak announced this week that £4.6 billion new lockdown grants will be available for businesses in the retail, hospitality and leisure sectors....
January 2021 Furlough Scheme update. The Government has announced that the Coronavirus Job Retention Scheme, aka the Furlough Scheme, will be extended due to a third...
January 2021 Furlough Scheme update. The Government has announced that the Coronavirus Job Retention Scheme, aka the Furlough Scheme, will be extended due to a third...
Amid the transition from the Coronavirus lockdown into a new form of normality, the chancellor Rishi Sunak has presented his economic plan towards financial recovery. The new measures which were mostly welcomed by industry leaders were described by some as unprecedented.
Here is a summary of the main changes introduced.
In this guide, we will cover the main changes to the Self-Employment Income Support Scheme (SEISS). Namely, the amount of available grant for you, from August and the eligibility requirements to submit a claim.
Chancellor Rishi Sunak has introduced some changes to Coronavirus Job Retention Scheme (CJRS) and announced a further extension to the Self-Employment Income Support Scheme (SEISS)​. As Britain moves into the first stage of easing the lockdown.
What is the Coronavirus Job Retention Scheme (CJRS) and how it can assist you as an employer? What are the CJRS rules you need to be aware of when your employees are furloughed.
What is the Coronavirus Job Retention Scheme (CJRS) and how do you access it?
How can you furlough yourself as a director of your limited company and what are the CJRS rules you need to be aware of before deciding to furlough yourself?
We have prepared a series of articles to explain what financial help is available to contractors and small businesses, extracting the information that’s most relevant to you. Here we look at the Coronavirus schemes designed to ease cashflow pressures.
Last night, Chancellor Rishi Sunak announced a package of measures designed to support self-employed people. Whilst we are awaiting detail on a number of areas, here’s a summary of what we know so far.
We appreciate that many of our clients are affected by the coronavirus pandemic. The Government has made a number of announcements on how it intends to support small businesses and is being pressed to do more for the self-employed. We are keeping a watching brief and will bring you updates as they are announced along with practical advice and support.
In recent weeks we have been actively reviewing our business continuity procedures in the light of growing concern about the spread of coronavirus.
Our management team have monitored relevant information sources including the UK Government, NHS, and WHO and taken proactive action based on published guidance. We have also reviewed our existing business continuity measures, which are extensive anyway, to ensure we are ready to minimise the operational impact of the coronavirus pandemic.
Last night the government unveiled a £350bn package of measures and pledged to do ‘whatever it takes’ to support businesses through the coronavirus pandemic. Here we summarise the key points relevant to small businesses. Statutory Sick Pay SSP is £94.25 per week and...