28

Apr

If you are unable to access much of the support offered by the Government in these challenging times, you may be able to apply for Universal Credits. This may be something that you have never had to do before and the LITRG offers help and guidance to allow you to do this. Their website is…

28

Apr

Last night, the Chancellor, Rishi Sunak, launched a new “Business Bounce Back” loan scheme, following massive pressure from over 5 million of Britain’s smallest firms over fears they were being failed by Treasury rescue efforts. This scheme is not yet available but will launch on 4th May 2020. The Bounce Back Loan scheme will help…

21

Apr

In these challenging times, you could be forgiven for getting very confused with all the information being sent out about what support is available and to whom. Indeed, at NATA our heads are spinning a little with all the posts we have published, and with the online portal for CJRS now open. There is a…

16

Apr

The Government has announced an important change to the scheme relating to employee eligibility: • you can claim for employees that were employed as of 19 March 2020 and were on your PAYE payroll on or before that date; this means that you will have made an RTI submission notifying us of payment of that…

16

Apr

How to claim As you prepare to make a claim, please note: • the online claim service will be launched on GOV.UK on 20 April 2020 – please do not try to access it before this date as it won’t be available • the only way to make a claim is online – the service…

09

Apr

The british banks have now got a list of the information that you will need if you want to apply for a Coronavirus Business Interruption Loan Scheme. Please see the link below. https://www.british-business-bank.co.uk/wp-content/uploads/2020/04/BBF_factsheet_-_lending_application_checklist-1.pdf

09

Apr

HMRC have advised that the online portal to furlough workers will be available by 20th April and the government have said that payments will be made by the end of April. This seems rather optimistic in our view, but let’s see. We have also received clarification with regard to directors being furloughed. We have already…

07

Apr

Following our recent post on issues relating to CBILS, we wanted to share with you an article from Accountancy Today yesterday relating to the Coronavirus Business Interruption Loan Scheme.

06

Apr

The Government has updated its Employee Job Retention Scheme pages with more details:- Eligible individuals who are not employees As well as employees, the grant can be claimed for any of the following groups, if they are paid via PAYE: office holders (including company directors) salaried members of Limited Liability Partnerships (LLPs) agency workers (including…

03

Apr

We have received a few queries regarding employees paid national minimum wage who are now being furloughed. Are they furloughed on the old rate or the new rate? And what about if their salary changed in March 2020 or was due to change as of April 2020? Here is what the government guidelines state: National…