Category Archives: COVID-19 Business Support

The job retention bonus scheme

How it works and what employers should do now. HMRC has released further guidance for employers about the job retention bonus scheme, together with a new Treasury Direction (the law governing the scheme). These new publications do not provide a great deal more information than that released earlier in the summer, but any employers considering […]

Self-Employment Income Support Scheme Summary

Second lockdown update 03/11/20: A third round of the SEISS grant has been announced, please see the full details here. The second round of the SEISS grant scheme closes this Monday 19th October 1st round Opened 13th May 2020 and closed 13th July 2020 and was potentially worth £7,500 2nd round opened 17th August 2020 […]

Kickstart Scheme – A Guide for Employers?

In July 2020, Rishi Sunak announced the Government’s “plan for jobs,” with yet further Government investment being ploughed into helping the economy in the wake of the Coronavirus pandemic. Amongst the announcements was that of the “Kickstart Scheme,” designed to prevent young people at risk of long term unemployment from meeting that fate. But what […]

COVID-19: Coronavirus Job Retention Bonus

Further details of how jobs will be protected through the government’s new Job Retention Bonus were unveiled by HMRC on the 31st July. The bonus – announced by Chancellor Rishi Sunak as part of his Plan for Jobs last month – will see businesses receive a one-off payment of £1,000 for every previously furloughed employee […]

VAT – a few updates – Even if your business is not VAT Registered

Making Tax Digital deadlines, VAT payments deferral scheme and digital links Making Tax digital will be: Extended to vat registered businesses with turnover below the £85,000 Vat threshold from April 2022. Introduced for Income Tax Self-assessment for businesses and landlords with income over £10,000 from April 2023 Covid-19 VAT payments Deferral Scheme As part of […]

Planning for the new normal

This has and will continue to be one of the most extraordinary events to impact on our business and personal lives, things will never be the same again. So much focus has been on handling the situation day by day that it seems as if the days and weeks have run into one – before we […]