You may remember that in his budget on 17th March 2020, the Chancellor anounced a raft of measures to support businesses through the CODIV-19 crisis. Among these measures was the fact that if you were off sick or self-isolating because of COVID-19, from Friday 20th March Statutory Sick Pay (SSP) could now be paid from…

For those businesses who may be experiencing problems getting business support loans, we thought it might be helpful to share some information provided by Kirsty McGregor, at The Corporate Finance Network. Kirsty reports that “there is a lot of activity on social media as Starling Bank have declined a large number of Bounce Back loans,…

We are delighted that some of our clients have already contacted us to say that they are opening their businesses back up as of Monday 18th May. With this in mind, we are passing on some links which may be useful. You can keep up to date with the latest government guidance here:  https://www.gov.uk/coronavirus https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19/offices-and-contact-centres …

Today, 4th May 2020, HMRC have announced that the Self-employed cannot ask their Accountant to make the claim on their behalf. Self employed individuals have to make the claim themselves. To make the claim you need to have a government gateway account. So if you do not have a government gateway account, we would strongly…

The government has confirmed that COVID-19 grant funding for business will be taxable as income. The business can then claim tax relief on the expenditure supported by the grant.