If you are self-employed and qualify for the Self-Employment Income Support Scheme you will receive a cash grant from HMRC based on 80% of profits, up to £2,500 per month. The initial grant will be for the three months, from…
The Chancellor, Rishi Sunak on 12 May announced significant changes to the Coronavirus Job Retention Scheme, now commonly referred to as the furlough scheme. The scheme had been due to run until at least 30 June 2020. The Chancellor has…
The Chancellor, Rishi Sunak, on Monday (27 April 2020) made a statement to the House of Commons on the government’s economic response to the coronavirus outbreak. The Chancellor confirmed that the Office of Budget Responsibility (OBR) has said that the…
WHAT IS THE JOB RETENTION SCHEME? The Coronavirus Job Retention Scheme is open to all UK employers to access support to continue paying part of their employees’ salary for those employees that would otherwise have been laid off during this…
The outbreak of Coronavirus (COVID-19) has seen the UK Government launch a series of unprecedented announcements in the Government’s support of businesses, employees and individuals. Below are further details. SUPPORT FOR LARGER FIRMS Under the COVID-19 Corporate Financing Facility, the…
The long-awaited statement from the Chancellor, Rishi Sunak regarding COVID-19 support for the self-employed has been announced. The Chancellor said that the scheme will benefit some 95% of people whose main income source is derived from self-employment. A list of…
Following yesterday's instruction to stay at home unless completely necessary all staff except myself are now home based. I will be partly in the office as necessary and also working from home. Our systems seem to be working as planned. The phones…
Last Friday, the Chancellor went significantly further than in the history of this great county, with a series of unprecedented announcements in the Government’s support of businesses, employees and individuals. The range of measures for UK businesses is significant and…
In the past week we have seen a majority of UK workforce start to work from home amid the Coronavirus pandemic. For some it will be the first time they have ever worked away from the office and with the…
We're going to be posting relevant information for our clients and providing a relevant link for further reading where possible. Today's update is as follows: IR35 changes which were planned to come in to effect in April have been postponed for…