Graeme Seavor Last Updated: 5 April 2021 If you are self-employed or a member of a partnership and have been adversely affected by Coronavirus you will potentially qualify for a Self-Employment Income Support Scheme Grant. You can make a claim for the grant at https://www.gov.uk/guidance/claim-a-grant-through-the-self-employment-income-support-scheme. You will require the following details to make a claim: Self Assessment …
Last updated: 5 April 2021 The Bounce Back Loan Scheme and Coronavirus Business Interruption Loan Schemes were closed for new claims from 31 March 2021. However additional flexibility has been added to the original loans to assist businesses with their repayment. Before your first repayment is due, your lender will contact you about further options …
Last Updated: 5 April 2021 Coronavirus Job Retention Scheme – EXTENDED UNTIL THE END OF SEPTEMBER 2021 (Previously March 2021) The government’s Coronavirus Job Retention Scheme (CJRS) has been extended until the end of September 2021. Key points regarding the extended scheme: Neither the employer nor the employee needs to have previously used the CJRS …
Last updated: 5 April 2021 Business Grants Businesses required to close in England due to restrictions will be eligible for the following grants: For properties with a rateable value of £15k or under, grants to be £1,334 per month, or £667 per two weeks; For properties with a rateable value of between £15k-£51k grants to …
The chancellor Rishi Sunak announced the government’s plan to protect jobs and support businesses over the winter months on 24 September 2020. The announcements included the following: A new Job Support Scheme An extension of the Self Employment Income Support Scheme Tourism and hospitality sector VAT cut extension Coronavirus Loan payback terms extended Coronavirus Job …
Self-Assessment Income Tax Self-assessment income tax payers will be able to defer tax payments to January 2022. This is an extension from that initially announced moving the payment on account due by 31 July 2020 to 31 January 2021. VAT The VAT cut for tourism and hospitality industries to 5% will be extended from January …
The Chancellor Rishi Sunak delivered a mini-budget today as part of the next phase of government support in response to the impact of the Coronavirus on the UK economy. The main aim is to protect, support and create jobs. A summary of the key announcements are detailed below: Job Retention Bonus for employers Employers who …
Xero has added two significant updates to it’s cloud accounting software which will certainly assist businesses determine their financial position at a glance and understand their short term cash flow. Both updates are currently in pilot however are available to UK Xero subscribers in the Business menu of the cloud accounting software. The two new …
The government’s Coronavirus Job Retention Scheme (CJRS) will remain open until the end of October 2020. Flexible Furlough Scheme The Coronavirus Job Retention Scheme is changing and becoming more flexible. From 1 July 2020 employers will be able to bring back employees that have previously been furloughed for any amount of time while still being …
THE DISCRETIONARY GRANT FUND IS NOW CLOSED TO NEW APPLICANTS The Discretionary Grant Fund supports small and micro businesses that are not eligible for other grant schemes. Please note the scheme closes for applications at 5:00pm on 15 June 2020. Small and micro businesses with fixed property costs that are not eligible for the Small …
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