Archive for category: Corona Virus Business Updates

08 Jul 2020

Corona Virus Business Updates
Clock Vintage Old Time Retro - Bakinbardi / Pixabay
Claims for the first Self-employment Income Support (SEISS) grant must be made by Monday 13 July.   Deadline for Self Employment Income Support Claim Businesses which have been adversely affected by Covid-19 and are eligible to make a claim under the first SEISS grant must do so by 13 July 2020. This deadline will be rigidly enforced, and after that date you will only ...
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29 Jun 2020

Corona Virus Business Updates
As part of the government’s support for businesses during COVID-19, HMRC gave businesses the option of deferring their VAT payments if they were unable to pay on time, without incurring late payment interest or penalties. Payment of VAT falling due between 20‌‌ March and 30‌‌ June 2020 was capable of deferral until 31‌‌ March 2021. It is important to recognise that the window is NOW C...
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10 Jun 2020

Corona Virus Business Updates
Don’t miss 10 June deadline for furlough Employers are reminded that 10 June is the last date for starting furlough for staff to claim a grant under the Coronavirus Job Retention Scheme (CJRS). On 30 June the Job Retention Scheme will close to employees who have not been furloughed for a three-week period under the Scheme. This means today is the last day that you can seek to furlo...
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01 Jun 2020

Corona Virus Business Updates
On Friday 29th May, the Government set out further clarification of how the Job Retention Scheme is to be amended in the coming months, in order to support businesses returning staff back to work. The update features improved flexibility to bring furloughed employees back part time from July, and a new taper requiring employers to contribute modestly to furloughed salaries from August...
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01 Jun 2020

Corona Virus Business Updates
Following the Government statement on Friday 29 May, the Self-Employment Income Support Scheme will be extended, giving more security to individuals whose livelihoods are adversely affected by coronavirus in the coming months. If you want to know more detail about the Scheme, follow this link: Check if you can claim a grant through the Self-Employment Income Support Scheme   I...
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13 May 2020

Corona Virus Business Updates
Yesterday, the Government released guidance for a range of employers and workplace scenarios on how to restart their businesses after lockdown while ensuring employees and customers remain as safe as possible. A host of recent announcements confirms that Government is preparing employers and employees for a gradual return to work – for more information please refer to The Governm...
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07 May 2020

Corona Virus Business Updates
Following the Government statement in relation to support for the Self Employed more details have been released this week to explain how you can ascertain your right to claim the Grant and how you should prepare to make that claim. If you want to know more detail about the Scheme, follow this link: www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-i...
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05 May 2020

Corona Virus Business Updates
Small business owners can now apply to accredited lenders by filling out a simple online form, with only seven questions. There is no longer a need to provide a business plan or projections. This scheme will help businesses and sole traders affected by coronavirus (COVID-19) to apply for loans of up to £50,000. The latest details published by the Government are available here: w...
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Barrons has put together a helpful guide to running your business during the coronavirus crisis.

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