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Coronavirus Job Retention Scheme Guidance Published

Mar 27, 2020

HM Revenue & Customs (HMRC) has now published detailed guidance for operation of the Coronavirus Job Retention Scheme, which is intended to reimburse up to 80 per cent of the wage costs of a ‘furloughed worker’. The guidance confirms a number ...

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Coronavirus Self Employed Income Support Scheme (SEISS)

Mar 27, 2020

Following the announcement that businesses will be reimbursed by HM Revenue & Customs (HMRC) for 80 per cent of the employment costs of ‘furloughed’ workers for at least three months from March, the Chancellor has announced a similar scheme for ...

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Deferring VAT – HMRC confirms businesses should cancel VAT direct debits

Mar 25, 2020

Following the Government’s announcement that businesses will be able to defer VAT payments for the period from April – June, HM Revenue & Customs (HMRC) has now confirmed that businesses should cancel direct debits for VAT if they want to ...

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Accessing the Coronavirus Job Retention Scheme

Mar 25, 2020

With substantial restrictions for everyone on the circumstances in which we can leave our homes, and many businesses being forced to close, the Chancellor has announced a scheme to reimburse up to 80 per cent of the cost of the ...

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Government support help with the economic impact of Coronavirus – Here’s what businesses need to know

Mar 24, 2020

  In recent days, a whole raft of business support measures have been announced by the Government, designed to help business owners protect their companies and support their employees. Here at Walker Begley we have put together a summary of the various support ...

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Payroll professionals confirmed as key workers

Mar 24, 2020

Our team are here and ready to support you Payroll is a vitally important function within a business and never more so now that the Government has confirmed that it will be paying furloughed workers* up to 80% of their wages ...

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Accounting

Enterprise Finance Guarantee scheme – eligibility restrictions for small businesses

Mar 23, 2020

The Enterprise Finance Guarantee (EFG) supports small businesses by providing finance to smaller businesses that cannot obtain finance from their lender because of insufficient security. The British Business Bank has now announced that a number of eligibility restrictions are in ...

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COVID-19 Summary of the Chancellor’s announcement on 20th March 2020

Mar 23, 2020

  A number of business support measures were announced by the Chancellor.   However, whilst we await clarity on how exactly these grants and schemes are accessed, business owners can make some decisions on how to protect their businesses and support employees. ...

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Managing your business cash flow during the Coronavirus outbreak

Mar 20, 2020

  In these unprecedented times, many small and medium-sized businesses are already reporting significant problems with cash flow resulting from the COVID19 Coronavirus outbreak. The Government has announced a multi-billion pound package of measures to help SMEs with a promise of further ...

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Essential business preparations for COVID-19

Mar 20, 2020

  The UK is seeing an unprecedented amount of disruption due to the current coronavirus outbreak and in response the Chancellor has announced a number of measures to help businesses deal with this crisis. Understandably, business owners will be concerned during these ...

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