Covid-19 and other news
Coronavirus Update – £1bn fund for businesses – 21/12/2021
On 21 December, Rishi Sunak set out a £1bn emergency support package to help businesses most impacted by the rise in Covid cases, including the leisure and hospitality sector. These can be summarised as follows: Hospitality & Leisure - One-off grants of up to £6,000 per premises. This will be administered by local authorities and will be...Read More
Coronavirus Update – Commercial Rent Arrears During Covid – 06/08/2021
The Government has issued a policy statement which addresses commercial rent arrears that have arisen whilst businesses had to close due to Covid restrictions. -Commercial Landlords have been prevented from evicting tenants due to non - payment of rent and this protection for tenants has been extended to 25th March 2022. -This will only apply to ringfenced...Read More
Coronavirus Update – 5th Self-Employment Income Support Grant – 05/07/2021
Information on the 5th Self-Employment Income Support Grant:-The 5th Grant under the Self-Employment Support Scheme (SEISS) covers the period 1st May to 30th September 2021. -The basis of the amount of grant will depend both on trading profits and also the percentage drop in turnover in the year to April 2021. This is a...Read More
Coronavirus Update – Extended protection for commercial tenants – 21/06/2021
The Government has announced that the protection for commercial tenants against eviction has been extended to 25th March 2022. For the full announcement, Click here Coronavirus Job Retention Scheme (CJRS) updateAlso a reminder that the grant level under the Coronavirus Job Retention Scheme (CJRS) reduces to 70% of salary for furloughed time ( cap...Read More
What is the outlook for SMEs? – 23/04/2021
12 months on and we are still feeling the effects of the pandemic and will for some time. In March, immediately after the Chancellors latest budget, we asked SMEs across the UK to share their outlook for the next 12 months. The findings make for interesting reading – including: 46% of businesses with less than...Read More
Coronavirus Update – 4th Self-Employment Income Support Scheme – 09/04/2021
-The 4th Grant under the Self-Employment Income Support Scheme (SEISS) covers the period 1st February to 30th April 2021. -The online service to claim the grant will be available from late April 2021. -The claim must be made by 1st June 2021. -HMRC will contact possible eligible claimants mid-April 2021 and provide a date a...Read More
