The Government has made limited additional funding available to allow the Council to further support small businesses affected by COVID-19. This money is in addition to the Small Business Grants Fund and the Retail, Hospitality and Leisure Grants Fund. The new Local Authority Discretionary Grant Fund has been launched to help small businesses with ongoing […]

UK Chancellor Rishi Sunak outlined changes to the furlough scheme during the daily press briefing (29 May 2020). The Chancellor stated that in June and July the furlough scheme will continue as before, but employers will be asked to cover National Insurance and employer pension contributions in August. By September, businesses will pay 10% of […]

Chancellor Rishi Sunak has said self-employed workers across the UK will be able to access a second Grant from the government to cover lost income while the country is in lockdown. The grants paid out by the Self-Employment Income Support Scheme (SEISS) will be worth 70% of a self-employed person’s average monthly trading profits to […]

Chancellor Rishi Sunak has announced an extension to the furlough scheme that is helping millions of workers through the coronavirus crisis. More than 6m people are currently having up to 80% of their salaries paid by the Government during the coronavirus pandemic in a huge Government intervention designed to help businesses through the crisis. The […]

The scheme opens on 13 May and we have become aware that agents will not be able to apply on behalf of their clients………So it’s up to you to get online and make your application. We will of course be available to help if required. How it works: Under this scheme, self-employed workers will be […]

The Government has announced a new 100% Government backed loan scheme for small businesses. Small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders, the Chancellor announced yesterday. Rishi Sunak said the new Bounce Back Loans scheme, which will provide loans of up to £50,000, would […]

The National Lockdown is about to enter its 6th week and it doesn’t sound like there are any plans to lift the restrictions to any great extent in the near future. Every single one of our clients will be feeling the financial effects of the restrictions, whether, employed, self-employed or a business owner and the […]

The HMRC update was released on 4 April and addressed: Guidance for employers – Claim for your employees’ wages through the Coronavirus Job Retention Scheme Guidance for employees – Check if your employer can use the Coronavirus Job Retention Scheme These new documents confirm some of the understanding we included in The Coronavirus Job Retention Scheme: furlough guidance published […]

At Budget 2020 the Chancellor announced details about a new coronavirus (COVID-19) Statutory Sick Pay Rebate Scheme. This scheme will allow small and medium sized employers, with fewer than 250 employees, to apply to HMRC to recover the costs of paying Statutory Sick Pay to their employees. Today HMRC has published new online guidance which […]

Many people will need to consider Government Benefits because of COVID-19, some for the first time. It has been reported that around 950,000 applications have been made for Universal Credit since the government announced the strict guidelines we all stay at home.Did you know that even if you are still employed you may still be […]