Many life changing moments lead to entrepreneurship, and the Covid-19 pandemic is no exception. Businesses are being formed for a number of reasons: To solve a problem that has arisen as a result of this world crisis Covid is causing people to think about their lives and what they really want to do Many have…
Category Archives: coronavirus
Blog, coronavirus, Farming
Farming – UK Government announces trade tariff rates in the event of a No-Deal Brexit
21
May
May
Thinking about Farming during 2020, no one can escape the effects being seen from Coronavirus, with some producers affected significantly more than others. The average output from Agriculture in 2020 is anticipated to stay stable, but there are extremes from this. Milk price for April 2020 has ranged from generally 17p to 32p (ignoring the…
20
May
May
Employers will be able to make claims through the Coronavirus Statutory Sick Pay Rebate Scheme from 26 May. The government has announced a new online service will be launched on 26 May for small and medium-sized employers to recover Statutory Sick Pay (SSP) payments they have made to their employees. Employers are eligible if they…
Blog, coronavirus, Job Retention Scheme
Coronavirus Job Retention Scheme has been extended until the end of October
12
May
May
Four Month Extension to Job Retention Scheme Announced  Rishi Sunak has announced that the job retention scheme, often referred to as the furlough scheme, will be extended to the end of October. There will be no changes to the way the scheme operates until the end of July. However, for August, September and October…
coronavirus, Coronavirus general
Families of NHS and social care frontline staff who die from Coronavirus to receive life assurance payment of £60,000
28
Apr
Apr
Matt Hancock, Health secretary, has announced a life assurance scheme for staff who are performing vital frontline NHS or social care work during the coronavirus pandemic, in recognition of the increased risks they face. A lump sum payment will be made to the deceased’s estate of £60,000 if they met the qualifying work-related criteria. The…
Blog, coronavirus, Government backed loans and funding
Future Fund Announced for Struggling Start-ups
20
Apr
Apr
The government have announced a new £1.25million package to support innovative new companies not eligible for the previous measures announced. An initial £250 million will be delivered through the future fund, this will provide government loans to UK companies to at least match funding received from private investors. Companies will be able to access amounts…
Blog, coronavirus, Job Retention Scheme
Coronavirus Job Retention Scheme has been extended until the end of June
17
Apr
Apr
The scheme which allows for employers to ‘furlough’ their employees was set to run until the start of June. However, Rishi Sunak, the Chancellor of the Exchequer has today announced that it will already be extended to the end of June following the recent extension of the lockdown measures announced yesterday by Dominic Raab. The…
Blog, coronavirus, Job Retention Scheme
Seminar – Coronavirus Job Retention Scheme – Your Questions Answered – Register now
15
Apr
Apr
Please find the registration details below for our recently announced seminar. There is a limited number of spaces so please sign up as soon as possible. We would ask that you ensure your microphones are muted throughout the seminar, and submit your questions via the chat side panel. We will answer as many of these…
15
Apr
Apr
HMRC have recently announced that the 28 February date for determining who is on your payroll and available to be furloughed, has now been changed to the 19 March, providing support to many more people that were taken on after this date.
Blog, coronavirus, Self Employed Income Support Scheme (SEISS)
Further guidance provided on the calculation of Self Employed Income Support Scheme (SEISS)
15
Apr
Apr
HMRC have issued further guidance today on how the grant for the self-employed will be calculated. It clarifies the position with losses, multiple trades, capital allowances and the trading allowance. Unfortunately trade losses will reduce the total income that will be averaged to calculate the amount of the grant claim, as will capital allowances and…
