Category: Coronavirus

Chancellor extends furlough scheme until October

The government’s Coronavirus Job Retention Scheme will remain open until the end of October. Coronavirus Job Retention Scheme will continue until end of Octoberfurloughed workers across UK will continue to receive 80% of their current salary, up to £2,500new flexibility will be introduced from August to get employees back to work and boost economy In…


New 100% government backed loan scheme for small businesses

businesses will be able to borrow between £2,000 and £50,000 and access the cash within daysloans will be interest free for the first 12 months, and businesses can apply online through a short and simple form Small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders,…


Covid-19: Business rate help for smaller businesses

As the Government’s response to the Covid-19 pandemic evolves, various measures have been announced to help business struggling to cope with the impact of the virus. The measures include help through the business rate system for smaller businesses and those in certain sectors. Grants for businesses eligible for small business rate relief Full (100%) small…


COVID-19 Update From HMRC

It seems that anywhere we look, we can’t escape the blasted Corona! Here’s the latest announcement by the chancellor, Rishi Sunak on Friday 20th March. COVID-19: support for businessesCOVID-19: guidance for employees COVID-19 support for businesses The Chancellor has set out a package of temporary, timely and targeted measures to support public services, people and…


IR35 changes for the private sector DELAYED for at least a year

On Tuesday 17th March 20200, in a surprise announcement, the Government agreed to defer the changes to IR35 and the private sector for another year. This was as a result of the negative impact caused by the COVID-19 pandemic.  Perhaps the most important point to make is that the underlying principles of IR35 will remain unchanged….