Blog

Covid-19 advice for employers

The following information on how to furlough employees is designed to help business owners understand the furloughing process and is correct at 29 March 2020.

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Self Employed Income Support Scheme

The government will pay self-employed people a taxable grant based on their previous earnings over the last three years, worth up to 80% of earnings, and capped at £2,500 a month.

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Summary of business conditions 2020 – Q1

The Covid-19 (Coronavirus) pandemic has caused a sudden, rapid decline in economic activity in recent weeks. The situation has been described by many Agency contacts as being worse than the financial crisis in 2008.

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HMRC and Companies House: online filing extension

Businesses will be able to apply to Companies House for a 3-month extension on filing their accounts. All companies who apply for an extension as a result of COVID-19 will automatically be granted the extension without needing to provide evidence.

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Important Communication – Covid-19 (updated 24 March)

Following the World Health Organisation’s classification of the Coronavirus (COVID-19) outbreak to Pandemic, we have undertaken a review of our business in order to ensure that we are taking all appropriate steps and precautions to look after our employees and clients, whilst at the same time minimising any potential disruption to the service we provide to you.

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Covid-19 – Emergency measures announced

In the last few days, the Government has made major announcements about help for small businesses and individuals affected by coronavirus. Below is a summary of the significant points, although details are awaited as to how some of these schemes may be accessed.

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