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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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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HB Accountants – how to choose an accountant and tax specialist

Quite often we hear “I am a business owner but my company finances are not the first thing I think about when I get out of bed in the morning!”  We get this! That’s why we’re here!

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COVID19: Changes to the Coronavirus Job Retention Scheme (CJRS)

CJRS has changed. CJRS now falls into two distinct parts with different rules applying. This new version of the scheme is to support the return to work while also being sufficiently flexible to adapt to business needs, as well as those of employees needing time for childcare or to look after other relatives. Here is what you need to know.

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Companies: Managing risk in uncertain times

Even the best-run and longest-established.businesses across the country continue to feel the adverse effects of the coronavirus (COVID-19) lockdown, whilst the UK government announces measures to keep the economy buoyant during the pandemic, managing risk and cash flow in these uncertain times is critical.

We have produced a three-page factsheet providing information for you and your business on:

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COVID19: Coronavirus Job Retention Scheme: 10 June cut off and ‘flexible furloughing’ from July

Chancellor of the Exchequer Rishi Sunak has outlined further details on how the government support for employers will operate during the easing of lockdown measures and as the government encourages employees to return to work.

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HB Accountants Web Workshop – Using MS Teams like a Pro

Recent disruptions to your regular work routine have probably seen you getting to grips with team collaboration tools such as Microsoft Teams. At HB Accountants, our aim is to support as many people as we can through providing critical information for you and your business AND any extra resources we can, to help see you through to the other end of this Covid19 chapter and beyond.

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