9 April

COVID-19 – Business Support – Coronavirus Job Retention Scheme – Specific Considerations For Eligible Individuals That Are Not Employees

The HMRC guidance below sets out specific considerations for those individuals who are paid via PAYE, but who are not necessarily employees in employment law. Unless explicitly set out below, all other guidance is applicable to these cases, and should be followed. Office Holders Office holders can be furloughed and receive support through this scheme. […]

8 April

COVID-19 – Business Support – Coronavirus Job Retention Scheme Launch Date Set For 20th April

HMRC has announced today that their system to submit applications for grants under the Coronavirus Job Retention Scheme Launch is set to go live on 20th April.   Given that the latest analysis by the Resolution Foundation is projecting that over nine million workers are likely to be furloughed under the scheme, HMRC are already […]

3 April

COVID-19 – Business Support – Changes Made To Coronavirus Business Interruption Loan Scheme – Is It Too Little, Too Late?

The Chancellor, Rishi Sunak, has announced that changes will be made to Coronavirus Business Interruption Loan Scheme (CBILS) from today to boost the support to businesses affected by COVID-19. This is set against a backdrop of a growing sense of frustration at the stance being taken by the lenders that has made CBILS virtually redundant […]

2 April

COVID-19 – Legal Advice on Terminating Contracts From Our Colleagues at Moore Blatch

For many small businesses, the strain on their cash flow from COVID-19 is really beginning to bite. As a result, a growing number of businesses are looking for advice as to whether they legal grounds to end or suspend a contract in a bid to reduce expenditure. Our colleague, John Warchus of Moore Blatch solicitors, […]

31 March

COVID-19 – Business Support – VAT Deferral Update

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 […]

30 March

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

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

27 March

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

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.

26 March

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

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

25 March

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

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

24 March

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

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