Covid-19 Hub
Keeping you informed of the latest announcements and available support. For more information, or for advice to help manage the impact of Covid-19 on your business, contact us today.
Time to reinstate Direct Debits, as VAT deferral window closes
If you cancelled your direct debit mandate, this now needs to be reinstated to ensure the VAT payment can be taken in July.
Job Retention Scheme: Latest guidance on claims after 1 July
On Friday 12 June, further guidance was provided as to how the Coronavirus Job Retention Scheme (CJRS) will operate as it is wound down. Flexible furloughing From 1 July, employers will have greater flexibility to ‘part time furlough’ employees i.e. to bring back...
Don’t miss your last opportunity to furlough staff
This Wednesday, 10 June, is the last opportunity to add any new entrants to the furlough scheme (i.e. an employee that has not yet been furloughed). Any employee not furloughed before this time will not be eligible to benefit for the remainder of the scheme. The...
Clarity over extension of the Job Retention Scheme and support for self-employed
On 29 May, the Chancellor outlined details of the extension of two emergency support measures: the Coronavirus Job Retention Scheme and the Self-Employment Income Support Scheme (SEISS). Coronavirus Job Retention Scheme – what’s changed? Following the announcement of...
Investor-led Future Fund application now open
Following the announcement of the Future Fund back in April, applications opened on Wednesday 20 May and are now available via the British Business Bank. The Future Fund provides convertible loans worth between £125,000 and £5m each to high-growth tech start-ups that...
Furlough scheme extended to October
The Chancellor confirmed in a statement yesterday that the furlough scheme will be extended for an additional 4 months to October 2020. There will be no changes to the scheme until the end of July. As of August, for all sectors and regions, furloughed workers will...
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