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 readingCategory Archives: Business Community & Networking
COVID19: 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.
Continue readingCOVID19: Coronavirus Job Retention Scheme (CJRS) – emerging issues & answers
Updated: 22 April 2020: Following emerging issues about the Coronavirus Job Retention Scheme (CJRS) from HMRC, the ICAEW has released amended guidance. We have updated our “top 10 questions answered” to include these amendments
Continue readingWorrying about affording your monthly car finance during the Coronavirus crisis?
The Financial Conduct Authority (FCA) has announced a package of measures covering motor finance and high cost credit agreements to directly support you if you are facing payment difficulties due to coronavirus. Read on if you are worrying about affording your monthly car finance during this Covid19 crisis.
Continue readingThis is the time to take a Business MOT
We’re part way through the Covid19 lockdown. Easter is over and at the time of writing, we do not know exactly when quarantine will be eased. As the days stretch before us business owners, who may or may not be currently trading, there is time for many to give your company a MOT: to get prepared for the future, whatever this may bring.
Continue readingCOVID19: Latest Job Retention Scheme updates – furlough facts
COVID19 Update: 6th April 2020: The government has now published further guidance on the Coronavirus Job Retention scheme – here are the most important clarifications and latest changes to the Job Retention Scheme – furlough facts below:
Continue readingCOVID19: Support for businesses through deferring self-assessment payments on account
Deferring self-assessment payments on account is just one of the governments measures to support your businesses during COVID19. Are you due to pay a self-assessment payment on account by 31 July 2020? Is the impact of the #coronavirus is going to cause you difficulty in making payment by that date?
You may defer your self-assessment payment until January 2021.
Continue readingCOVID19: 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.
Continue readingCOVID19: 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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