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...
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...
Furloughing Company Directors
Although there is no detailed guidance available in respect of furloughing directors our interpretation of the Job Retention Scheme is as follows: Furloughing for normal employee type duties If, as a director you were on the payroll, engaged under an existing...