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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…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) update Also a reminder that the grant level under the Coronavirus Job Retention Scheme (CJRS) reduces to 70% of salary for furloughed time (…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

Support Available to Businesses

A Handy Guide to Help You On 3rd March Rishi Sunak introduced a number of new measures of support for SMEs as part of his budget.  He also extended some of the existing schemes as well as announcing some new initiatives designed to support the survival, growth and development of businesses. From the extension of…Read More

Coronavirus Update – Budget 2021 – 04/03/2021

Yesterday, the Chancellor presented his 2021 Budget which, to the relief of many, announced continuing  Coronavirus business support. This includes: -The extension of CJRS ( furlough) to September 2021. -Further grants under the Self-Employment Income Support Scheme ( SEISS) for the 3 months to April and 5 months to September 2021. Newly self-employed since April 2019…Read More

Coronavirus Update – Improved cashflow support – 18/02/2021

The Government provides support schemes to assist businesses with their cashflow. The terms of two of the schemes have now been enhanced. VAT deferred between 20th March and 30th June 2020 -Businesses who had VAT payments due between 20th March and 30th June 2020 were able to defer payment until 31st March 2021. -A VAT deferral…Read More

Coronavirus Update – Business Support 25/01/2021

In our Update of 6th January 2021, we alerted you to the on-off grant payments announced that day  – now known as Closed Business Lockdown Payment ( CBLP). At the time it was described as a  grant for closed businesses in the retail, leisure and hospitality sectors. In the most recent Government guidance, that criteria…Read More

Coronavirus Update – Additional Business Support 05/01/2021

The Chancellor has today announced one-off top up grants to closed businesses in the retail, hospitality and leisure sectors. The grants will be based on a per-property basis, at the following rateable value (RV)levels       -RV up to £15,000        Grant £4,000         -RV £15,000-£51,000  Grant £6,000         -RV over…Read More

Brexit impact on your workforce – 11/12/2020

Brexit will impact on your workforce in a number of ways, including: From January 2021 there will be a new immigration regime EU/EEA/Swiss nationals who wish to live and work in the UK Recognition of qualifications Travel (visa requirements, passport rules) Existing employees of UK companies who are EU nationals will need to apply for…Read More

Helpful Guide – Summarising Government Support for Businesses 18/11/2020

Over the course of the year the government has responded to the devastating financial impact of Covid-19 on businesses with a number of packages of support to help businesses of all sizes. Ranging from support to help pay employees and business owners, to grants and loans and also tax deferral schemes, the packages of support…Read More

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