With the Spring Budget just recently announced by Chancellor Jeremy Hunt, we have put together a summary to highlight the key points that may affect you and your business. In his first Budget to Parliament, the Chancellor set out a plan to halve inflation, grow the economy and get debt falling all whilst encouraging the […]
04
May
May
Applications are now open for the Bounce Back Loan Scheme (BBL) The feedback we have been getting is that businesses do not want to incur debt. This is quite understandable, however this is a scheme you might not want to overlook. The process is straightforward so go online or contact your bank for an application […]
29
Apr
Apr
The Bounce Back Loan Scheme announced this week by the Chancellor, is a new micro loan scheme aiming to provide a simple, quick, easy solution for those in need of smaller loans. The Bounce Back Loan scheme will offer: loans from £2,000 to £50,000, capped at 25% of turnover; interest for the first 12 months […]
19
Apr
Apr
At last, we have the CJRS Step by Step Guide for Employers that we have all been patiently waiting on. The HMRC portal opens tomorrow the 20 April 2020 for those employers that are claiming the grant on furloughed workers. They have issued a step by step guide for employers setting out details of the information […]
27
Mar
Mar
Job Retention Scheme updates have been issued. More clarity has been required by employers and employees and this is now starting to come through. Employers have been finding difficulty in explaining this scheme to their employees and we now have two seperate documents published to assist both employers and employees understanding of the Scheme. Guidance […]
Breaking news: Rishi Sunak has announced a new self-employed income support scheme. The government will pay self-employed people a taxable grant based on their previous earnings over the last three years, worth up to 80% of earnings, and capped at £2,500 a month. It will run for a minimum of three months, he says. He […]
26
Mar
Mar
Registration is now open for businesses to apply for the £10,000 Small Business Grant Scheme. Please act now if appropriate. Automatic payments will be made to those eligible businesses whose bank account details are held for the purposes of paying rates by Direct Debit. The first payment in the Small Business Support Grant Scheme will […]
25
Mar
Mar
The Irish government has rolled out a National COVID-19 Income Support Scheme. These support measures will provide financial support to Irish workers and companies affected by the crisis. Set out below is a summary of those measures and further details can be obtained by clicking the links: a temporary wage subsidy of 70% of take home pay […]
25
Mar
Mar
The Irish Government have put measures in place to support businesses with COVID-19. Below we set out some of the measures in place and provide Revenue clarification on certain cross border and working from home issues. Temporary COVID-19 Wage Subsidy Scheme Financial support is available to Irish workers affected by the Covid-19 crisis. As part […]
25
Mar
Mar
From the 25 March 2020 companies will be able to apply for a 3 month extension for filing their accounts with Companies House. This is another welcomed measure to support businesses impacted by Covid-19. It is important to note that you must apply for the 3 month extension before your filing deadline to avoid penalties. […]