Covid-19 Updates

Chancellor Rishi Sunak has outlined his plans to boost the UK’s economy following the coronavirus pandemic, announcing that he wants to “support, create and protect” jobs.  - Read More

Following a pause due to the coronavirus pandemic, HMRC is now restarting its tax investigations and is planning to recover payments and issue penalties on incorrect claims made under the Coronavirus Job Retention Scheme (CJRS) and the Self-employed Income Support Scheme (SEISS).  - Read More

Calculating how much you can claim for the Coronavirus Job Retention Scheme can be tricky. If you've accidentally over-claimed for your grant you'll need to pay back the excess to HMRC or adjust your future claims. - Read More

On 26 June 2020 the Corporate Insolvency and Governance Act 2020 came into force, designed to relieve the burden on businesses during the COVID-19 outbreak. - Read More

Part of the government’s support package to help businesses through the impact of Covid-19 was the deferral of VAT payments. This deferral period comes to an end on 30 June, and so you now need to reinstate your direct debit mandate. - Read More

UPDATED 17/06/20: Some key changes to the Coronavirus Job Retention Scheme (CJRS) have been announced. These include the scheme being made more flexible to enable part-time furloughing, as well as employers beginning to contribute to the wage costs of their furloughed staff. - Read More

UPDATED 07/08/20: From 17 August, self-employed workers across the UK will be able to access a second and final grant from the government to cover lost income while the country is in lockdown. - Read More

Businesses not eligible for the government’s Covid-19 support packages can now apply for a grant from a discretionary fund made available to local councils. - Read More

Employers can now make claims to recover statutory sick pay (SSP) payments to employees through the online Coronavirus Statutory Sick Pay Rebate Scheme. - Read More

The impact of Covid-19 has been extremely tough, and one of the hardest aspects is working out how you can survive financially, either as an individual or as a family. Here are some actions you could take which could make a difference when addressing your personal finances. - Read More

If you’re self employed, you can complete HMRC's eligibility check for the Self Employed Income Support Scheme (SEISS) for Covid-19. If you qualify, you will then be able to submit a claim to receive income support. - Read More

UPDATED 06/05/20: The Government has announced a new 100% government-backed Bounce Back loan scheme, providing loans of up to £50,000 for small businesses, which is now open for applications. - Read More

UPDATED 30/04/20: Details of the Government’s income support package for the self employed who are impacted as a result of the coronavirus. - Read More

UPDATED 24/04/20: Furloughing employees provides financial reassurance to UK businesses during Covid-19, but there are many important issues to consider before implementing it. We explain the actions you should take as an employer, plus provide an example furlough letter to send your employees. - Read More

UPDATED 21/04/20: Coronavirus Job Retention Scheme (CJRS) provides businesses with financial support to pay 80% of an employee’s salary, and the online claim form is now live. - Read More