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 spendingContinue reading
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.Continue reading
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 furloughingContinue reading
The VAT payment holiday window ends on 30 June, and normal payment dates resume from 1st July. What should you do if you can’t pay the VAT due by 7th July, because of the impact of Covid-19 on your trading situation?Continue reading
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!Continue reading
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?Continue reading
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!Continue reading
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.Continue reading
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.