31 March

COVID-19 – Business Support – VAT Deferral Update

Posted by in COVID-19 Business Support Centre, News Alerts, Newsletters

As part of the basket of measure the Chancellor announced to support businesses impacted by COVID-19, there is the opportunity to defer VAT payments as an aid to business cash flow. All UK VAT-registered businesses have the option to defer VAT payments due between 20th March and 30th June.  In practical terms, for businesses making […]

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30 March

COVID-19 – Business Support – The Government Announces Changes To The Insolvency Rules

Posted by in COVID-19 Business Support Centre, News Alerts, Newsletters

The government temporarily relax wrongful trading laws to allow Directors to take tough decisions without fear of personal liability.

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27 March

COVID-19 – Business Support – How To Make A Claim Through The Coronavirus Job Retention Scheme

Posted by in COVID-19 Business Support Centre, News Alerts, Newsletters
COVID-19 – Business Support – How To Make A Claim Through The Coronavirus Job Retention Scheme

HMRC have published their detailed guidance on the eligibility and process for making a claim through the Coronavirus Job Retention Scheme which we have summarised.

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26 March

COVID-19 – Business Support – More Support For The Self-Employed

Posted by in COVID-19 Business Support Centre, News Alerts, Newsletters

The government has announced additional support for the self-employed, including partnerships, under the Self-Employed Income Support Scheme.

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25 March

COVID-19 – Business Support – Three Month Extension for Annual Accounts Filing

Posted by in COVID-19 Business Support Centre, News Alerts, Newsletters

Companies House offer a three-month filing extension to businesses impacted by COVID-19.

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24 March

COVID-19 – Business Support – Support For The Self-Employed

Posted by in COVID-19 Business Support Centre, News Alerts, Newsletters

The pressure is growing for more support for the self-employed during the COVID-19 crisis.

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23 March

COVID-19 – Business Support – An Open Letter To The Chancellor Of The Exchequer

Posted by in COVID-19 Business Support Centre, News Alerts, Newsletters
COVID-19 – Business Support – An Open Letter To The Chancellor Of The Exchequer

Time is running out for many small businesses.

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23 March

COVID-19 – Business Support – Coronavirus Business Interruption Loan Scheme Is Now Live

Posted by in COVID-19 Business Support Centre, News Alerts, Newsletters

The Coronavirus Business Interruption Loan Scheme is now live. The key features are: Up to a £5m facility: The maximum value of a facility provided under the scheme will be £5m, available on repayment terms of up to six years. 80% guarantee: The scheme provides the lender with a government-backed, partial guarantee of 80% against […]

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22 March

COVID-19 – Business Support – The Landscape From The Last Week – Too Many Fall Through The Cracks

Posted by in COVID-19 Business Support Centre, News Alerts, Newsletters

As the government race to build a support structure for businesses and individuals left in crisis from the impact of COVID-19, much has been achieved in a very short time. However, at the moment, too many fall through the cracks.

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21 March

COVID-19 – Daily Briefing – New Measures to Support Businesses

Posted by in COVID-19 Business Support Centre, News Alerts, Newsletters

Yesterday, The Chancellor announced new measure to support businesses through the challenging times ahead and we now have more details on how these will work in practice. The Coronavirus Job Retention Scheme Under this scheme, which is open to all UK businesses, HMRC will reimburse 80% of furloughed workers wage costs, up to a cap […]

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