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.
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Covid19 Update: Claims are open for second self employed support grant SEISS – are you eligible?
As of Monday 17th August, if you are self-employed and your business has been negatively affected by Covid19 and you are eligible, you can claim the second grant which cover 70% of your average monthly trading profits. As with the first SEISS grant this will be paid in a single payment covering 3 months capped at £2,190 a month or £6,570 in total.
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.
Continue readingThe Chancellor Rishi Sunak’s mini-Budget: everything you need to know
Chancellor Rishi Sunak has unveiled his summer economic update in a bid to mitigate the impact of the Covid19 pandemic, with the aim of boosting job creation through a government ‘plan for jobs’ and encouraging consumer spending
Continue readingCJRS Version 2.0: Variable hours employees, making claims and practical tips to get you ready
HMRC’s guidance for the CJRS is vast and somewhat confusing in parts. Usual Hours remains a headache as you can find conflicting HMRC guidance as to how the calculation works. Clarification is still needed from HMRC on “working hours” but here is a clearer picture of how to calculate variable hours employees and our practical tips to get you ready for CJRS version 2, flexible furloughing
Continue readingCOVID19: The Bounce Back Loan and the Power of Protection
The Bounce Back Loan is designed to inject much needed cashflow to businesses to get the cogs of the economy moving again. If your limited company cannot bounce back, and has to close down, what happens? Well, usually bank borrowing is underpinned by a director’s personal guarantee which results in you having to repay the debt, when you’ve just lost your income. Ouch!
Continue readingHB Accountants – how to choose an accountant and tax specialist
Quite often we hear “I am a business owner but my company finances are not the first thing I think about when I get out of bed in the morning!” We get this! That’s why we’re here!
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