Archives

January 2021

New COVID support grants for retail, leisure and hospitality businesses

7th January 2021

In light of the new lockdown measures, the Chancellor has announced £4.6 billion in new COVID support grants for retail, leisure and hospitality businesses which will remain closed until at least mid-February. Read on to find out about...

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Furlough scheme extension and other financial support available during lockdown

6th November 2020

Updated: 11 March 2021 As lockdown continues, businesses will be understandably concerned about what it means for their finances. The Government has already confirmed the Coronavirus Job Retention Scheme (also know as the furlough scheme), which was due...

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What tax relief can I claim for working from home?

26th October 2020

Thanks to the global pandemic, more of us than ever before are now working from home. Although it began as a temporary arrangement for many, several major employers have already pledged to close offices and shift to remote...

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Know your COVID business survival strategy

30th July 2020

As the UK economy continues its recovery from the global pandemic, you will no doubt be weighing up the options for your business and working out your post-COVID business survival strategy. Depending on the loans and grants you...

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Further Guidance on Claiming for Coronavirus Job Retention Scheme

16th April 2020

Business owners have received the latest guidance from HMRC on how to claim for furloughed employees. HMRC has directly emailed with the following update on employee eligibility how to access the system and the information applicants will need...

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Coronavirus: Business Grants in Sunderland, Durham, Newcastle and Tyneside

31st March 2020

Business Grant Support in Response to Coronavirus Impact In response to the Coronavirus, Covid – 19, the Government announced there would be support for small businesses, and businesses in the retail, hospitality and leisure sectors. This support will...

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Coronavirus: Job Retention Scheme

30th March 2020

The UK Government’s job retention scheme is designed to support employers who are struggling during the coronavirus epidemic and help them avoid making redundancies. Under the scheme, it will reimburse employers up to 80% of wages of employees...

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Support for the self-employed during the coronavirus pandemic

27th March 2020

Following previous announcements on the support available to businesses in the wake of the COVID-19 global pandemic, chancellor Rishi Sunak yesterday announced a package of financial support for self-employed people impacted by coronavirus. What financial support is available...

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Coronavirus VAT Payment Suspension

27th March 2020

In light of the coronavirus pandemic, HMRC has confirmed that companies will not be required to make VAT payments for three months from 20 March 2020 to 30 June 2020. Who is eligible for coronavirus VAT payments suspension?...

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Support for small businesses during the coronavirus outbreak

17th March 2020

We know this is an understandably worrying time for many people, particularly small business owners who will have concerns about how to continue operating during the global COVID-19 (coronavirus) outbreak. The Government used its Budget to outline several...

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