Category Archives: COVID-19 Business Support

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 […]

COVID-19: Top-up to local business grant funds scheme

Please note: This information has been updated and you may be eligible for further support – please click here to find out more about the support available for businesses who pay business rates. A discretionary fund has been set up to accommodate certain small businesses previously outside the scope of the business grant funds scheme.  […]

COVID-19: Coronavirus Bounce Back Loan

March 2021 Update: Businesses that took out government-backed Bounce Back Loans will now have greater flexibility to repay their loans with the option to delay repayments by six months or to extend the length of the loan using Pay as You Grow repayment flexible options. – read full update here. Five weeks after lockdown, the […]

[DOWNLOAD] COVID-19: Coronavirus Job Retention Scheme and Furlough Letter Template

HMRC Guidance can be found here. The guidance was updated on the 15th April with new eligibility dates, bringing in some previously excluded employees that began work prior to the 19th March. While the claim includes employer pensions and employers national insurance, don’t forget that the new Employment Allowance kicks in and is likely to cover Employers […]