The Covid-19 pandemic has repercussions for every business. There are a range of support
measures available to the self-employed, and this briefing sets out guidance on some of the
many questions you are likely to have and although this is uncharted territory for everyone,
there are still basic management strategies that will help minimise risk to you and your business.
Author Archives: Vicki H Foster
Companies: Managing risk in uncertain times
Even the best-run and longest-established.businesses across the country continue to feel the adverse effects of the coronavirus (COVID-19) lockdown, whilst the UK government announces measures to keep the economy buoyant during the pandemic, managing risk and cash flow in these uncertain times is critical.
We have produced a three-page factsheet providing information for you and your business on:
Continue readingCOVID19: Reimburse employees, tax-free, for costs incurred by working from home
If your employees are working from home at the moment, they may be saving money by not commuting or buying lunches, however, they are likely to be incurring costs, such as from increased household bills. Employers can reimburse these expenses, tax free, within prescribed guidelines. Read on to learn more.
Continue readingCOVID19: HMRC’s Coronavirus Job Retention Scheme (CJRS) claims corrections facility now live
Calculating the correct amounts of employees costs to claims under HRMC’s furlough scheme and the lack of an error correction facility during the claim process has given a headache to many an employer. The online error correction facility only applies to over-claims of CJRS grants
Continue readingCOVID19: Coronavirus Job Retention Scheme: 10 June cut off and ‘flexible furloughing’ from July
Chancellor of the Exchequer Rishi Sunak has outlined further details on how the government support for employers will operate during the easing of lockdown measures and as the government encourages employees to return to work.
Continue readingCOVID19: Planning to return to the workplace post lockdown
Over the last few weeks the Government has signalled that businesses can start to operate again. The manufacturing and construction sector have returned and this week has seen the return of Nursery, Reception, Year 1 and 6 to our primary schools. All environments are having to operate in different ways than pre Covid19. How are you and your company implementing the return to the workplace post lockdown?
Continue readingCOVID19: Tax-Free Childcare and 30 hours free childcare changes eligibility have changed during Coronavirus
Temporary changes have been made to the eligibility criteria for Tax-Free Childcare and 30 hours free childcare, during coronavirus.
The changes may affect you if you, or someone you live with, are:
- on furlough
- not able to work or you’re working less
- self-employed
- a critical worker
COVID19: Extension to the Self-Employment Income Support Scheme announced (SEISS)
This evening, Friday 29 May 2020, the Chancellor confirmed that a second and final grant is being made available through SEISS. It will cover June to August and applications will open in August.
Continue readingCOVID19: Local Authority Discretionary Grant Fund websites
Some Local Authorities are now starting to publish application forms for the Discretionary Grant Fund, some of which require a fair amount of supporting documentation.
Continue readingHB Accountants Web Workshop – Using MS Teams like a Pro
Recent disruptions to your regular work routine have probably seen you getting to grips with team collaboration tools such as Microsoft Teams. At HB Accountants, our aim is to support as many people as we can through providing critical information for you and your business AND any extra resources we can, to help see you through to the other end of this Covid19 chapter and beyond.
Continue reading