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Coronavirus

View What Is The Coronavirus Future Fund? | How To Apply

What Is The Coronavirus Future Fund? | How To Apply

Plans have been announced by the government to help high growth companies navigate the challenges posed by COVID-19. This is in the shape of the Future Fund. We are still awaiting key details of this support but have outlined in this article what we now understand and who may benefit. What Is The Coronavirus Future…

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View Self-Employed | Eligibility To Claim Support | COVID-19

Self-Employed | Eligibility To Claim Support | COVID-19

The Self-employed Income Support Scheme will allow you to claim a taxable grant worth 80% of your trading profits up to a maximum of £2,500 per month. This scheme is available for three months, but this may be extended. Who Is The Scheme Designed For? This scheme should be considered for those who are self-employed…

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View Aggressive Rent Collection To Be Banned | COVID-19

Aggressive Rent Collection To Be Banned | COVID-19

As businesses across the country work extremely hard to get to grips with the government support available. It’s now been announced that high street shops will be protected from aggressive rent collection and asked to pay what they can during the coronavirus pandemic. In a recent press release a government spokesperson said: “The majority of…

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View Carry-Over Of Unused Annual Leave

Carry-Over Of Unused Annual Leave

The rules that would have limited the rights of employees in key industries to carry forward any unused annual leave will be delighted by the announcement made two weeks ago. This will mainly apply to workers in key industries such as food and healthcare. Workers who have not taken all of their statutory annual leave…

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View Support Grants And Loans Update | COVID-19

Support Grants And Loans Update | COVID-19

This week has seen a flurry of changes to the various government support schemes. We have summarised a few in this article. Coronavirus Job Retention Scheme (CJRS) The HMRC portal – where you formally register your claim – should be live as from 20 April 2020. HMRC have published a “user” guide to the claims…

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View More Coronavirus Tax Support Options

More Coronavirus Tax Support Options

Apart from the main business and personal tax reliefs that have received publicity in the past few weeks, a number of supplementary support items have been introduced. We have highlighted two in this post. Claiming Child Benefit For New-Borns General Register Offices are currently operating with reduced capacity. With government guidance to social distance and…

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View Safety First Options For Manufacturing And Retail Sectors

Safety First Options For Manufacturing And Retail Sectors

Both of these sectors require people to work in close proximity to each other. The UK Government have issued broad guidelines to reduce the risks for workers from Coronavirus. Manufacturing and processing businesses Manufacturing plays an important role in the economy. It can continue if done in accordance with the social distancing guidelines wherever possible….

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View Tax Planning Options For 2020-21

Tax Planning Options For 2020-21

The 6th April marks the beginning of a new tax, and for the coming year, unprecedented challenges. As with most things in life, problems are a necessary precursor to finding solutions. We have listed below a few reminders of the issues you may want to consider as worthy of including in your 2020-21 tax planning…

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View Advice For Applying For A Business Interruption Loan

Advice For Applying For A Business Interruption Loan

Guidance has now been updated by The British Business Bank on how to apply for the recently changed Coronavirus Business Interruption Loan Scheme (CBILS). Where to Apply Most of the UK High Street banks can provide a CBILS loan facility. As your present bankers already know you and your business, for most businesses, making an…

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