faqs-for-furlough-extension

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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Bank UK

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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Brexit Business

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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latest-cjrs-update

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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Loans

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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uk-lockdown

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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Child Care

Working parents struck by Covid-19 will be allowed to continue claiming Tax-Free Childcare, HMRC confirms

Oct 29, 2020

Working parents who fall under the income threshold to claim Tax-Free Childcare as a result of Covid-19 will be allowed to continue receiving relief, it has been announced. According to HM Revenue & Customs (HMRC), eligible working parents who receive support ...

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Self-assessment Paper Tax Returns

Self Assessment: HMRC recommends completing online returns ahead of the deadline

Oct 26, 2020

Self Assessment individuals have 97 days left to complete their tax returns online before the deadline, but HM Revenue & Customs (HMRC) recommends completing it as early as possible. Individuals can complete their tax returns at any time before the deadline ...

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Government extends further support to businesses affected by COVID-19

Oct 23, 2020

  Under increasing pressure from business groups, local authority leaders and the public, the Government has decided to extend several of its existing support measures to help businesses across the UK – regardless of whether they are forced to close or ...

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