If you have made an error when claiming for the Coronavirus Job Retention Scheme (CJRS) or received an overpayment this must be reported and paid back to HM Revenue & Customs (HMRC) by 20 October 2020. In order to avoid a fine, you must notify HMRC by the latest of either: 90 days after the […]
Coronavirus Business News Update
The headlines today show concern over a second wave of the Pandemic and there are calls for more “intelligent” quarantine and airport tests. We are in a “New Normal” and it is clear from those businesses who are successfully coping is that being flexible is a key ingredient to making it through the next few […]
Summer Statement – help for specific areas
The Chancellor Rishi Sunak announced further measures in Parliament to support jobs and business sectors severely affected by the COVID outbreak. Grants and reliefs offered included support for: employment, the beleaguered hospitality and tourism industry and included green initiatives as well as a novel scheme to get us to eat out in August. The expected […]
Free e-Book: 50+ Practical Ways to Grow Your Business
We’ve all had time to do a lot of thinking recently… your business may have been stretched or just emerging into a new and scary business environment. Things will improve, so now is the time to think about your plans and set goals to get your business moving. Read the bright ideas in our free […]
C19 Business News Update
The Government has outlined its recovery strategy as high streets reopen this week. Today face masks become compulsory on public transport in England. The Coronavirus job retention scheme rules (CJRS) are changing, and these are outlined below and other Government news. At the end of the newsletter are details of allowable expenses for home working. […]
Tax on redundancy payments
In recent years – due to tax changes – it has become more expensive to make termination payments. With redundancies on the rise due to the coronavirus, is it time you understood how termination payments work in 2020? Beyond the human tragedy of COVID-19 is an economic one. Swathes of the UK economy have been […]
Government support begins to taper off?
The Furlough scheme is changing and the support for the self employed will be extended for the final time. Below we detail all the latest Government support and guidance. FAQ’s on what we can and cannot do have also been updated over the weekend and there are also changes to childcare and free child minding […]
Furlough scheme set to be closed to new employees
Depending on your definition of success, the Coronavirus Job Retention Scheme has certainly been a success with around eight million workers furloughed so far, nearly a million businesses using the scheme, and with costs totalling around £80bn. However the Chancellor is set to announce this week that the UK government will soon bar companies from […]
Covid-19 Business News Briefing
With so much being announced every day you could be forgiven for switching off due to information overload. So to assist you to navigate your way in these uncertain times, here is a summary of news we feel may be relevant to you and your business. Prime Minister Boris Johnson sets out a timeline for […]