COVID19: Changes made to Coronavirus Business Interruption Loan Scheme to benefit more businesses

COVID19 Update: 3rd April 2020 Changes have been made to Coronavirus Business Interruption Loan Scheme to benefit more businesses

The emergency loan scheme announced by the chancellor during the budget (CBILS) has been revamped following strong criticism that banks were taking advantage of the COVID19 crisis.  

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COVID19: Payroll Furlough Facts – Coronavirus Job Retention Scheme

Daily COVID19 update: 2nd April 2020 – Payroll Furlough Facts – we thought it would be beneficial to bring you the answers to the most common questions you are asking regarding the Coronavirus Job Retention Scheme – Payroll Furlough Facts & the Coronavirus Job Retention Scheme.

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COVID19: VAT deferral for UK Businesses

VAT deferral for UK Businesses: If you are a UK VAT registered business and have a VAT payment due between 20 March 2020 and 30 June 2020, you have the option to:

  • defer the payment until a later date
  • pay the VAT due as normal
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COVID19: Immediate 3-month filing extension for company accounts

If your company accounts will be late because of the impact of Covid-19 you can take advantage of the immediate 3-month filing extension for company accounts.

However, you MUST apply before your filing deadline.

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COVID19: 27th March 2020 – Help for the Self-Employed

The Chancellor announced help for the self-employed yesterday evening at a press conference. Are you a sole trader? We have outlined what we currently know below – please note we expect further guidance to be released soon and will update you as soon as we are aware of this.

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COVID19: Further Clarity on the Coronavirus Job Retention Scheme

COVID19 Update: 27th March 2020 – Further Clarity on the Coronavirus Job Retention Scheme – The government has now provided further clarity on the Coronavirus Job Retention Scheme, we have outlined this for you below:

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COVID19: Job Retention Scheme for Furloughed employees explained

Covid19 Update: 26th March 2020 – On Friday 20 March 2020, the Chancellor announced a package of measures to help businesses through these times of economic uncertainty. Among these is the Coronavirus Job Retention Scheme.

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COVID19: Business as usual, but from a super safe distance

Letter from the Directors, Karen, Keith & John

Following the unfolding events of COVID19 over the past two weeks, we want to reassure our clients that, albeit we are facing uncertain times, HB Accountants is still very much open for business and Team HB are prepared for any disruption that may occur.

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