After being instructed to work from home due to Covid19, a number of companies have unexpectedly realised that homeworking could become the new normal. The CEO of Barclays was reported saying that big offices ‘may be a thing of the past’ after just six weeks of lockdown.
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COVID19: Coronavirus Statutory Sick Pay Rebate Scheme set to launch
The Government has announced a new online service which will be launched for small and medium-sized employers to recover Statutory Sick Pay (SSP) payments which they have made to their employees.
Continue readingCOVID19: Local Authority Discretionary Grant Eligibility for Businesses
The Government has finally issued local authorities with detailed guidance regarding the Discretionary Grant scheme. This additional fund is aimed at small businesses who were not eligible for the Small Business Grant Fund or the Retail, Leisure and Hospitality Fund. It widens access to support to businesses who are struggling to survive due to the Corona virus shutdown, but are unable to access other grant funding.
Continue readingCOVID19: Extension to October for the Coronavirus Job Retention Scheme Confirmed
The Coronavirus Job Retention Scheme (CJRS) is the UK scheme to pay wages of workers on leave because of coronavirus. Chancellor Rishi Sunak has confirmed today that this scheme will be extended to October 2020.
Continue readingCOVID19: Free Web Workshops from HB Accountants to help you and your business
We have scheduled two further Web Events for you. These are challenging times and our aim is to support as many people as we can through providing critical information for you and your business to help see you through to the other end of this period.
Continue readingCOVID19: Grants and funding programmes to assist social enterprises, local organisations & charities
We understand that you might be worrying about the impact that the Covid19 situation is having on your organisation. Are you aware that charities, not for profit organisations, social enterprises and unregistered community groups can apply for grants to help them to continue to deliver much needed support to within their communities?
Continue readingCOVID19: Claiming the self-employment grant scheme
4 May 2020: The government have today updated information about applications for the self-employment grant. Self-employed workers have been hit hard by COVID19 lockdowns, the scheme will allow you to claim a taxable grant of 80% of your average monthly trading profits, paid out in a single instalment covering 3 months (March to May), and capped at £7,500 altogether. This is a temporary scheme, but Gov.UK suggest it may be extended.
Continue readingCOVID19: Social distancing is impacting on everyone
Who would have believed that during the third month into 2020 the UK would be socially distancing, High Street retail businesses, restaurant, bars and pubs and leisure businesses all over the UK would have been forced to temporarily close their doors the to general public and every business or personal email sent out would start with “hello, how are you, hope you are OK and I hope you are staying safe”.
Continue readingCOVID19: Homeworking businesses hit by increased fraud
The number of criminals fraudulently attacking businesses is on the increase. There is a lot of news about individuals being targeted during the current pandemic but there is a huge risk to businesses as well. Homeworking businesses are being hit by increased fraud.
Continue readingCOVID19: New Bounce Back Loan Scheme – 100% government backed loan scheme for small business
Updated 29 April 2020: Following Monday’s announcement by Rishi Sunak, (27 April 2020) small businesses will benefit from the new fast-track Bounce Back loan finance scheme. The aim to provide loans with a 100% government-backed guarantee for lenders. If you are a smaller company who struggled to get a CBILS loan then this could be for you.
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