It was estimated earlier this year that £4.46 billion* would be collected through income tax and National Insurance (pre-Covid, of course!). Payroll is integral to the workings of your business and the country. This week has been nominated National Payroll Week, and we’re giving a big shout out to all payroll managers, especially our own, very special, Payroll Jane. *https://obr.uk/efo/economic-and-fiscal-outlook-march-2020
Continue readingCategory Archives: COVID19 Business Hub
Coronavirus is more than a world health emergency, the economic impacts are very real and emergency provisions are being made worldwide in an attempt to support individuals, business and anyone who advises them. HB Accountants are monitoring the COVID19 situation closely and collating resources as conditions unfold
Furlough (CJRS) is changing – Dates for Your Diary
The Coronavirus Job Retention Scheme (CJRS) and Furlough, a word you are used to hearing just recently, is changing and winding down over the next few months. The scheme is set to end on 31st October 2020. As an employer, you will have to start contributing towards the scheme from 1st September 2020. Here is your guide to the key dates to watch out for.
Continue readingJUST ONE REASON – The Power of Professional Relationships
Successful businesses depend upon strong relationships. Whether internally, with clients, investors, other stakeholders or even competitors, a network developed on deep relationships will open doors for you, refer you and will support you in whatever ways you need.
Continue readingQuarantine Team Members – Know the Facts
There have been a number of flare-ups of Covid19 across the world in recent weeks which has seen the Government imposing further restrictions at short notice on travellers. As of 8 June anyone who is required to quarantine must comply unless they are exempt from the rules.
Continue readingGrants available for SMEs impacted by Covid pandemic
Great news for SMEs that need some financial help after the recent (and ongoing) business disruption caused by the pandemic. Grants, launching today, are available for between £1,000 – £5,000 to be used to access new technology and other equipment, as well as professional, legal, or financial advice to help get back on track.
Continue readingWhat have businesses learned from Covid19?
This is the question we were discussing in the office recently. What have we learned from Covid19? Apart from the realisation that a tiny virus – about 0.12 microns in size – can cause extreme distress to the population and the economy, we’ve also learned a lot about how we as a business can deal with uncertainty. From flexible working to virtual networking – this is what we’ve learned from living and working with Covid19.
Continue readingCovid19: What is happening today – are you aware of the changes?
Here is just a reminder of what is happening from today with regards to Furloughed employees, flexible furlough, SSP for employees who need to quarantine after returning from Spain for example, plus the latest drive to get Britain out spending.
Continue readingJob Retention Bonus – further details announced
If you have team members on furlough, read on! The Government have announced further guidance on the Job Retention Bonus – designed to encourage employers to retain as many employees who have been on furlough
Continue readingIf you are worried you have claimed too much or too little from the Coronavirus Job Retention Scheme
If you fear you have claimed too much (or not enough) from the Coronavirus Job Retention Scheme, find out what you need to do next
Continue readingREBUILD OR RETREAT: 5 STEPS TO A STRONGER BUSINESS
Your business has survived ‘lockdown’ and restrictions are starting to ease. But what next? The most challenging times for businesses still lay ahead. Action Coach Yiannis Yianni is keen to spread his message that “those businesses that try to carry on as they were before may, sadly, not survive” – he has a plan.
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