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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7 key warning signs your business is in danger

The phrase “the writing is on the wall” is often used by onlookers who can see what is coming before those involved can. In commerce, it is used as a warning sign that a business is failing. As a company director, how do you really know if the writing is on the wall for your business? 

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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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Self-employed: Managing cash and risk in uncertain times

The Covid-19 pandemic has repercussions for every business. There are a range of support
measures available to the self-employed, and this briefing sets out guidance on some of the
many questions you are likely to have and although this is uncharted territory for everyone,
there are still basic management strategies that will help minimise risk to you and your business.

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