The government has published further guidance regarding the extended furlough scheme today (11th November 2020). The basic workings of The Coronavirus Job Retention Scheme have not changed – the scheme will remain open until 31 March 2021. From 1 November 2020 you can claim 80% of an employee’s usual salary for hours not worked, up to a maximum of £2,500 per month.
Continue readingTwo further SEISS Grants available for sole traders whose business has been negatively affected by Covid19
The Self-Employment Income Support Scheme grant extension provides critical support to the self-employed in the form of 2 further grants, each available for 3 month periods. Grant 3 covering November 2020 to January 2021 and Grant 4 February 2021 to April 2021.
Continue readingCJRS extended until March 2021 (80% until at least January 2021) – did you know you can rehire redundant employees and place them on furlough?
Just announced, the government is extending the CJRS to support individuals and businesses who are impacted by disruption caused by coronavirus (COVID-19) this winter. This is an extension of the CJRS and the scheme rules will remain the same except where HMRC state otherwise.
Continue readingLockdown 2.0 SEISS: What support is there if I am self-employed?
URGENT UPDATE: 3.40pm Monday 2nd November – The third SEISS grant for November has just been increased from 40% of your average monthly profits to 80% – December and January 2021 are still currently at 40%
If you are self employed you still have access to two more SEISS grants as part of the Winter Economy Plan with the third SEISS grant for November covering 80% of your average monthly profits.
Continue readingGuide to Covid19 business grants available during Lockdown 2.0
With Lockdown 2.0 announced on 31st October 2020 by Boris Johnson, we have published a guide to the subsequent potential business grants available to your business
Continue readingExtension to the Coronavirus Job Retention Scheme (CJRS) – will you now be eligible?
On Saturday 31st October, Boris Johnson confirmed that the CJRS, also known as the furlough scheme, will be extended to cover the period up until the 2nd December 2020. However, it is likely that, if National lockdown restrictions are extended, the furlough scheme will be extended with it.
Continue readingJob Support Schemes explained – JSS Open & JSS Closed…
There are now two job support schemes (JSS). The original one designed for businesses that are legally required to close is now called JSS Closed, and the other one introduced by the Chancellor on 22 October for businesses that remain open but with employees working reduced hours: JSS Open.
Continue readingAll Change to the COVID19 Support Packages Offered by the Government – How will this affect you?
Rishi Sunak announced big changes to the support packages offered by the government in the House of Commons today after growing demand from firms in tier two areas.
Continue readingLocal Restrictions Support Grant Scheme
With Essex moving into Tier 2 high risk category and Wales introducing a “fire-break” lockdown, do you predict the Government implementing a second lockdown during the autumn half-term break? Covid19 is certainly not going any. Now is the time to learn if your business qualifies for the Local Restrictions Support Grant Scheme
Continue readingJob Support Scheme – further guidance
The Job Support Scheme is designed to protect viable jobs in businesses who are facing lower demand over the winter months due to Covid19, to help keep their employees attached to the workforce. The scheme will open on 1 November 2020 and run for 6 months AND it has been expanded to provide temporary support to businesses whose premises have been legally required to close as a direct result of Coronavirus restrictions set by one or more of the four governments of the UK.
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