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 readingCategory Archives: Business
COVID19: 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: Proposed changes to the Coronavirus Job Retention Scheme (CJRS)
Latest COVID19 Job Retention Scheme CJRS proposed changes – announced 29 May 2020 – The Chancellor has announced the government’s plans to change the CJRS which will now be re-engineered to support businesses sending staff back to work. Employers will be able to put staff on part-time furlough, claiming the CJRS grant for a portion of their salary.
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 readingCOVID19: Disincorporation – what you need to know before dissolving your limited company
The ongoing lockdown may be the catalyst for many limited company owners to change their business model in order to survive or to create a simpler way of working. One option is to disincorporate – in other words, dissolve the limited company and, if the business is still viable, operate as a sole trader instead.
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 readingCOVID19: Latest lockdown timeline for retailers – can your business reopen on 1st June?
PM Boris Johnson has announced the latest timeline for the lifting of COVID19 lockdown regulations for England – the two dates on the timeline are 1st June and 15th June – but it is not back to business for all businesses just yet.
Continue reading