Advice to Help Get Through this Crisis
The following are some hints and tips regarding the Coronavirus Outbreak and what businesses need to know to get through the lockdown period. These are all articles from our regular emails. If you want to subscribe to more like this, please click the link at the bottom of this page to subscribe to our newsletter.
Universal Credit Fact Sheet
We have summarised this into several sections and we hope you find the information useful.
England – New Grants to Boost recover of Small Businesses
Thousands of smaller businesses in England are set to benefit from £20 million of new government funding to help them recover from the effects of the coronavirus pandemic, the Minister for Regional Growth and Local Government has announced. Small and medium sized...
C19 BUSINESS NEWS UPDATE
As each week passes we see more clearly what our short-term world looks like. Local lockdowns, wearing face masks to prevent a resurgence of Covid-19 and significant easing of restrictions on where we can work and spend our leisure time. Overall, the progress being...
Summer Economic Update
The Chancellor Rishi Sunak has made a speech entitled “Summer Economic Update” where he unveiled further Government supports and he unveiled the Government’s plan for jobs which he described as the “Second phase in in the Government’s economic response to the crisis.”...
New Start-Up Grant launched by the Welsh Government
The Welsh Government has announced a ‘Start-Up Grant’ to support new businesses in Wales in dealing with the severe impact of Coronavirus. It will open for applications from lunchtime on Monday 29 June 2020. To be eligible for the ‘Start-Up Grant’ of £2,500 businesses...
Welcome News for the English Hospitality Sector
C19 BUSINESS NEWS UPDATE There is welcome news for the English hospitality sector and, if they can operate safely, they can reopen from the 4 July. There are important changes for the construction industry. There is also a new guide on the coronavirus job retention...
Businesses Need to Reinstate VAT Direct Debits
The deferral of VAT payments due to coronavirus comes to an end on 30 June and businesses need to take action to reinstate their direct debit mandates. The Institute of Chartered accountants in England and Wales (ICAEW) Tax Faculty has reminded its members. The VAT...
Local Authority Discretionary Grant Funds
C19 BUSINESS NEWS UPDATE Today we catch up with the launch of the Local Authority Discretionary grant funds in England and how you can watch videos and register for the free Government webinars to learn more about the support available to help you deal with the...
Expenses and Benefits During Covid-19
C19 BUSINESS NEWS UPDATE INTRODUCTION In this article we outline details of the Governments advice on how to treat certain expenses and benefits provided to employees during the Pandemic. We also outline support from business representative organisations and trade...
Flexible Furloughing and Important Dates
C19 BUSINESS NEWS UPDATE In this article, we detail the latest Government supports and guidance. The Furlough scheme is changing, and we will keep you updated about your record keeping requirements in due course. The self-employment support scheme has been extended...
Prime Minister Sets Out Timeline for Retail to Reopen in June
C19 Business News Update Thousands of high street shops, department stores and shopping centres across England are set to reopen next month once they are COVID-19 secure and can show customers will be kept safe, the Prime Minister Boris Johnson has confirmed today....
Welsh Economic Resilience Fund restarting Next Month
Economy Minister @KenSkatesMS announced on Wednesday that Welsh Government expects to re-open the Economic Resilience Fund in June. He is also widening the terms of eligibility for non-VAT registered limited companies, and developing support for businesses not yet...
Holiday Entitlement & Pay During Coronavirus
The UK government issued a guidance detailing how holiday entitlement and pay operate during the coronavirus pandemic, where it differs from the standard holiday entitlement and pay guidance. It is designed to help employers understand their legal obligations, in...
Circular Economy Fund
CIRCULAR ECONOMY FUND Due to coronavirus, many organisations are facing significant challenges. In response to this WRAP Cymru have implemented changes to the £6.5 million Circular Economy Fund, created to support even more organisations. In addition to funding the...
Update on Corona job Retention Scheme
Chancellor Extends Furlough Scheme Until October The government’s Coronavirus Job Retention Scheme will remain open until the end of October, The key points announced by Chancellor Rishi Sunak are: Coronavirus Job Retention Scheme will continue until end of October...
New Guidance Launched to Help Get us Safely Back to Work
The Government has published guidance for employers to help them get their businesses back up and running and workplaces operating safely. New ‘COVID-19 secure’ guidelines are available to UK employers to help them get their businesses back up and running and...
Opening a Government Gateway Account
Self Employed Income Support (SEIS) Under the Coronavirus Scheme HMRC have issued some more details relating to the claims for the Self-Employed Income Support. Details are in the link highlighted below. As with many HMRC “guidance notes” issued recently, these tend...
C19 Business News Update – 4 May 2020
Small Business Discretionary Grant payments Top-Up to Local Business Grant Fund Scheme The Government has announced a discretionary fund has been set up to accommodate certain small businesses previously outside the scope of the business grant funds scheme. The...
Coronavirus Job Retention Scheme Update
On 15 April 2020 the Government announced further updates to the Coronavirus Job Retention Scheme. The main changes include: 1. Change of Payroll date to 19 March 2020 Previously, any employee eligible to be furloughed must have been on the employer’s PAYE payroll...
Support for Microbusinesses in Wales
A grant of up to £10,000 is available to assist microbusinesses that have been affected by the COVID-19 outbreak. This grant can only be claimed by businesses that meet the following criteria: employing between 1 and 9 employees (in addition to the business owner)...
Cocooning a Business
OUR THOUGHTS ON COCOONING A BUSINESS Customers and suppliers - if the business is a vital link in a supply chain then there may be an opportunity to agree with customers / suppliers for relaxed terms to continue trading. Expected revenues – If the expected revenues...
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