Blog
Furlough scheme update – Publication of claims and employees serving notice
Nov 16, 2020
HM Revenue & Customs (HMRC) has confirmed that employees serving notice cannot be claimed for from the Coronavirus Job Retention Scheme (CJRS) from 1 December 2020 onwards. It has also confirmed further details of plans to disclose details of claims made ...
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More than 8,000 not-for-profit organisations share funding through Coronavirus Community Support Fund
Nov 13, 2020
Over 8,000 not-for-profit organisations have received grant funding of £200 million to support them throughout the coronavirus pandemic, new figures have revealed. The research, published by the Department for Digital, Culture, Media & Sport, highlights the success of the Coronavirus Community ...
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Temporary Annual Investment Allowance extended to January 2022
Nov 12, 2020
The temporary Annual Investment Allowance (AIA) will be extended until 01 January 2022 to “stimulate investment in UK manufacturing”, it has been announced. The measure – which increases the allowance from £200,000 to £1 million - was due to end in ...
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Extended Coronavirus Job Retention Scheme FAQ
Nov 11, 2020
To help you get to grips with the extended Coronavirus Job Retention Scheme (CJRS) please use our helpful FAQ. What does the CJRS offer? The Coronavirus Job Retention Scheme (CJRS) is a temporary scheme open to all UK ...
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New Bounce Back Loans have banks preparing for a wave of applications
Nov 09, 2020
UK banks have been preparing themselves for the wave of small and medium-sized enterprises (SMEs) topping up with the Bounce Back Loan Scheme (BBLS) once the Chancellor reopens the coronavirus-related scheme on 9 November. Banks have already lent £38 billion under ...
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HMRC urges businesses to act ahead of end of transition period to “avoid disruption”
Nov 05, 2020
HM Revenue & Customs (HMRC) has written to over 250,000 VAT-registered businesses urging them to “act now” ahead of the end of the Brexit transition period. The letter, found here, outlines the actions businesses need to take to “avoid disruption” to ...
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Government extends furlough scheme and provides a boost to SEISS
Nov 05, 2020
As businesses deal with the impact of yet another national lockdown in England, the Chancellor has taken further steps to protect jobs, businesses and the self-employed by announcing additional changes to the Government’s financial support measures. Speaking in Parliament, Rishi Sunak ...
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COVID-19: Business loans to reach five times more than last year
Nov 03, 2020
Due to the ongoing coronavirus crisis, there are estimates that the amount of net borrowing from UK organisations will surpass five times the number in 2019, as businesses struggle to survive the second wave. Many businesses, who are experiencing disruption of ...
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Government extends Self-Employment Income Support Scheme and Government-backed loans
Nov 03, 2020
As England prepares for a four-week national lockdown, the Government has announced it will extend existing support measures to help businesses and the self-employed business community in the weeks ahead. As part of its latest support package, the Self-Employment Income Support ...
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National Lockdown – Extension to the Coronavirus Job Retention Scheme and Business Support Update
Nov 02, 2020
The Government has extended the Coronavirus Job Retention Scheme (CJRS) following the announcement of new Coronavirus restrictions in England from Thursday 5 November 2020 to Wednesday 2 December 2020, which will require many businesses to ...
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