News

Preparations Checklist
31 March 2020

To help you plan through this pandemic, we have put together a checklist to help you mitigate some of the business impacts: Consult with employees, on matters including: Statutory sick pay, Coronavirus Job Retention Scheme, Redundancies and layoffs, Defer tax payments by establishing Time to Pay agreements with HM...
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Coronavirus Business Interruption Loan Scheme (CBILS)
31 March 2020

Small to medium-sized businesses in the UK are now able to apply for finance via the Coronavirus Business Interruption Loan Scheme (CBILS) to help them deal with the operating costs of their business and to assist with maintaining cash flow. To help you apply for a loan, we have answered some common queries below...
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Business rates relief extended
31 March 2020

Two significant elements of the measures announced by the Government to ease the financial impact of the Coronavirus crisis have been business rates reliefs and grants to certain ‘at risk’ businesses. These include grants for businesses in the hospitality, leisure and retail sectors, a grant for businesses that pay no or little business...
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Employment
31 March 2020

Many businesses will be struggling with a variety of issues due to the impact of the Coronavirus outbreak, but a key consideration for many will be employment costs and staff safety. The Government has taken significant steps to help businesses protect jobs by introducing measures that seek to subsidise wages and provide refunds...
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Layoffs owing to reduced work
31 March 2020

It is possible that businesses, especially those in certain sectors, will see a reduced workload as a consequence of Coronavirus. In these circumstances, and where allowed for in the contract of employment, employees can be laid off temporarily.
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Coronavirus Self Employed Income Support Scheme (SEISS)
31 March 2020

Following the announcement that businesses will be reimbursed by HM Revenue & Customs (HMRC) for 80 per cent of the employment costs of ‘furloughed’ workers for at least three months from March, the Chancellor has announced a similar scheme for self-employed individuals. he Self-Employed Income Support Scheme (SEISS) will pay...
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Tax and Companies House Deferrals
31 March 2020

As part of its measures to reduce the economic impact of the Coronavirus crisis, the Government has announced deferrals to a number of HM Revenue & Customs (HMRC) and Companies House deadlines to ease the strain on businesses and self-employed individuals.
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Companies House Filing
31 March 2020

Businesses affected by the COVID-19 pandemic can apply to Companies House to request an extension to file their accounts, reports and confirmation statements. Companies House is offering a maximum extension of three months for struggling businesses, but they must meet stringent conditions, including a rule that an appeal to extend...
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Personal Finances
31 March 2020

The ongoing COVID-19 pandemic is having a significant impact on all aspect of individual’s lives, not least their personal finances. During this difficult period, it is likely that your staff may look to you for advice if their own income is affected by the economic impact of this virus.
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Working from home
31 March 2020

With the Government recommending that people work from home where possible, many businesses will have had employees working from home for the first time in recent weeks. Amidst the logistics and practicalities of setting employees up to work from home, it could be easy to overlook the implications of increased home working...
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