Payment of dividends during the Coronavirus outbreak

Apr 27, 2020

It is common for directors of limited companies, who are also shareholders, to receive much of their income in the form of dividends instead of through a salary, owing to the tax benefits this can entail. However, there are strict rules ...

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Certain sectors see access to the Coronavirus Job Retention Scheme restricted

Apr 27, 2020

Some sectors that receive payments from the Government as well as from private sources have seen their access to the Coronavirus Job Retention Scheme (CJRS) restricted. The CJRS allows employers to retain employees on the PAYE Payroll who are not carrying ...

Blog, Business accounting, SMEs, Tax

Retail, hospitality and leisure firms set for £10 billion business rates savings

Apr 24, 2020

Businesses in the retail, hospitality and leisure sector are expected to save around £10 billion this tax year through business rates relief, official figures have revealed. The new statistics come after the Government launched its comprehensive business rates relief package for ...

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Are you eligible for the Self-Employment Income Support Scheme (SEISS)?

Apr 23, 2020

Find out if you are eligible and how to obtain the taxable grant worth 80 per cent of your taxable trading profits. Click here to download our PDF guidance. ...

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I’m a director of a small company – what support is open to me during the Coronavirus outbreak?

Apr 23, 2020

If you are a director of a company where you are the sole employee, navigating the support available to help you throughout the Coronavirus outbreak could look like a daunting prospect. To help you make ...

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Government launches Business Support Finder tool

Apr 22, 2020

With an increasing array of Coronavirus business support measures available to different types and sizes of business, the Government has launched a new Support Finder tool to help businesses identify what support packages they could be eligible for. The new tool ...

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Government announces Future Fund for fast-growing businesses

Apr 22, 2020

The Government has announced a new scheme to help businesses with the impact of Coronavirus. The Future Fund is aimed at rapidly growing businesses that typically rely on equity investment. These businesses are often pre-revenue or pre-profit and have been unable ...

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Administering the Coronavirus Job Retention Scheme

Apr 22, 2020

We appreciate that you are probably hard at work making the necessary arrangements and sourcing the required information for the Coronavirus Job Retention Scheme (CJRS) at the moment. The portal went live this week and can be accessed by clicking here. Initial ...

Blog, SMEs

Employers should continue to meet automatic enrolment obligations despite coronavirus disruption, says TPR

Apr 20, 2020

Employers should continue to enrol, re-enrol and contribute towards workers’ pensions whether they are furloughed or not, The Pensions Regulator (TPR) has confirmed. The warning forms part of new guidance designed to help firms affected by Covid-19 meet their automatic enrolment ...

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Coronavirus Job Retention Scheme online portal launches

Apr 20, 2020

The Coronavirus Job Retention Scheme (CJRS) online application portal went live at 8am on Monday 20 April 2020. The CJRS allows employers to retain employees on the PAYE Payroll who are not carrying out work for them by placing them on ...

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