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. […]
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 […]
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 […]
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, […]
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 […]
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.
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.
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.
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.
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.