Tag Archives: coronavirus

How to start a successful business during Covid-19

In every recession or global downturn, new businesses are born.  We’re seeing more and more new business popping up now, and the common thread is that these business owners have lost their jobs or lost self employed work, and have diversified into providing new services.  If you’ve had an innovative idea, solved a problem or…

Can academy staff use the furlough scheme?

furlough, job retention, academies

Since the UK government announced the launch of their Coronavirus Job Retention Scheme, we’ve had many academy schools reach out to find out whether it’s possible to furlough staff. Whether or not this option is available to you is somewhat of a grey area. Because schools are funded largely by the government, many of your…

Increase in working Tax Credits

The government has announced that Working Tax Credits payments will be increased from 6 April 2020. As part of a number of measures to support the country during the COVID-19 pandemic, the basic element of Working Tax Credit has been increased by £1,045 to £3,040 from 6 April 2020 until 5 April 2021. The amount…

Filing accounts at Companies House – what to do if you think you are going to miss your deadline

deadlines

Company law requires limited companies to file their accounts with Companies House within 9 months of their year-end.  Failure to do so will result in penalties being issued. Due to the Coronavirus outbreak and the advice to self-isolate, Companies House have said they will give an automatic 2 month extension to the filing deadline for…

The Budget and Coronavirus

planning, cash, budget 2020

Coronavirus is a real threat to many industries, especially in the hospitality sector, retail sector and other non-essential industries such as beauticians and leisure activities. Many have noticed the impact already over the last few weeks and sadly this will only get worse as more people self-isolate or decide not to go out, and more…