Covid19: What is happening today – are you aware of the changes?

Here is just a reminder of what is happening from today with regards to Furloughed employees, flexible furlough, SSP for employees who need to quarantine after returning from Spain for example, plus the latest drive to get Britain out spending.

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Job Retention Bonus – further details announced

If you have team members on furlough, read on! The Government have announced further guidance on the Job Retention Bonus – designed to encourage employers to retain as many employees who have been on furlough

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If you are worried you have claimed too much or too little from the Coronavirus Job Retention Scheme

If you fear you have claimed too much (or not enough) from the Coronavirus Job Retention Scheme, find out what you need to do next

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REBUILD OR RETREAT: 5 STEPS TO A STRONGER BUSINESS

Your business has survived ‘lockdown’ and restrictions are starting to ease. But what next? The most challenging times for businesses still lay ahead. Action Coach Yiannis Yianni is keen to spread his message that “those businesses that try to carry on as they were before may, sadly, not survive” – he has a plan.

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The Chancellor Rishi Sunak’s mini-Budget: everything you need to know

Chancellor Rishi Sunak has unveiled his summer economic update in a bid to mitigate the impact of the Covid19 pandemic, with the aim of boosting job creation through a government ‘plan for jobs’ and encouraging consumer spending

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COVID19: Final call for the first SEISS grant

Back in mid-May when applications opened for SEISS grants, a deadline for claims was not specified. However, the deadline of 13 July 2020, which was announced when the scheme was extended, is fast approaching and your claim for the first grant must be made by this date.

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COVID19: Important guidance when visiting us

In the light of current Covid19 pandemic and following the further relaxing of social distancing we wanted to highlight the precautions we are taking as a company and those we ask you take to minimise the risk to anyone coming into our offices.

Please only visit our offices if you have a pre-arranged appointment with a member of our team and only where the use of video conferencing for meetings is not practical.

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CJRS Version 2.0: Variable hours employees, making claims and practical tips to get you ready

HMRC’s guidance for the CJRS is vast and somewhat confusing in parts. Usual Hours remains a headache as you can find conflicting HMRC guidance as to how the calculation works. Clarification is still needed from HMRC on “working hours” but here is a clearer picture of how to calculate variable hours employees and our practical tips to get you ready for CJRS version 2, flexible furloughing

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COVID19: The Bounce Back Loan and the Power of Protection

The Bounce Back Loan is designed to inject much needed cashflow to businesses to get the cogs of the economy moving again. If your limited company cannot bounce back, and has to close down, what happens? Well, usually bank borrowing is underpinned by a director’s personal guarantee which results in you having to repay the debt, when you’ve just lost your income. Ouch!

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