Job Retention Scheme Briefing Note – Bridge Mcfarland
See below information regarding furlough leave for staff.
See below information regarding furlough leave for staff.
GOVERNMENT SUPPORT FOR BUSINESSES – THE PACKAGE On Friday 20th the Chancellor set out a package of measures to support public services, people and businesses through the period of disruption caused by COVID-19. The package of measures to support businesses includes: Coronavirus Job Retention Scheme Deferring VAT and Income Tax payments A Statutory Sick Pay relief package for SMEs A 12-month business rates holiday for all retail, hospitality and leisure businesses in England Small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief Grant funding of £25,000 for retail, [...]
Firstly, we would like to reassure all our clients that the high level of service we provide will be maintained throughout these uncertain times. In accordance with the government’s orders, it is with a heavy heart we have decided to close the office itself but all team members are still working from home and will be contactable via email. Calls have also been placed on divert so we are still able to offer the same outstanding client service that we always have - please call (01482) 646440 If you would like direct Contact with Richard Lacey and Richard Tucker their [...]
An article on the rates relief available as announced in the Spring Budget 2020 and extended version for the impact of COVID-19.
Listed below government websites where you can access the latest information. Government action plan: https://www.gov.uk/government/publications/coronavirus-action-plan Guidance on social distancing and stay at home: https://www.gov.uk/government/topical-events/coronavirus-covid-19-uk-government-response Travel advice: https://www.gov.uk/guidance/travel-advice-novel-coronavirus Support for businesses: https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses Tax helpline to support businesses who are concerned about paying their taxes: https://www.gov.uk/government/news/tax-helpline-to-support-businesses-affected-by-coronavirus-covid-19 Guide for employees, employers and businesses: https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19 Budget 2020: tax-related documents: https://www.gov.uk/government/collections/budget-2020-tax-related-documents NHS Coronavirus (COVID-19): https://www.nhs.uk/conditions/coronavirus-covid-19/
Coronavirus: What does your business need to know? By Andrew Jackson Solicitors LLP | Published on 27th March 2020 As the coronavirus outbreak in the UK continues to escalate, we are now receiving an ever increasing number of enquiries from clients, particularly around employer obligations and contracts. This is a fluid and fast-moving situation and the Government is providing daily briefings to the nation dealing with a number of different issues arising from the outbreak. In response to the constantly changing legal landscape, we have updated the following q&as*, which address some of the key issues as they currently stand, [...]
COVID-19 Update (19/03/2020) Support for businesses who are paying sick pay to employees: The Government will pass legislation shortly to allow small and medium-sized businesses and employers to reclaim Statutory Sick Pay (SSP) paid for sickness absence due to COVID-19. The eligibility criteria for the scheme will be as follows: This refund will cover up to 2 weeks’ SSP per eligible employee who has been off work because of COVID-19. Employers with fewer than 250 employees will be eligible - the size of an employer will be determined by the number of people they employed as of 28 February 2020 [...]
MORE MONEY FOR THE NHS AND INFRASTRUCTURE IN THE BUDGET Rishi Sunak received a “hospital pass” when he was appointed Chancellor and was required to deliver the first Budget in nearly 18 months within a month of his appointment. He announced extra spending on roads, rail, broadband and other infrastructure projects as well as extra money for the NHS to help cope with the coronavirus epidemic. But what we were waiting to hear was where the extra money was going to come from? Had he found a “magic money tree”, or would tax and borrowing have to increase? The Office [...]
At Harris Lacey and Swain we are always trying to encourage clients to embrace technology to better their businesses. Now is the the time, to save time.What exactly is Receipt Bank? Receipt Bank is an award winning, data entry application taking businesses by storm. Saving business owners hours in admin time, it’s used to manage receipts, invoices, and other documents that businesses depend on to keep accurate, secure financial records and what’s more, it can be done in just one click. So simple! How does it work? The best news is that there’s an app and, if you’ve read our [...]
With the self-assessment deadline looming – if you are late to the party, you should be thankful you dropped in that box of chocolates to your accountants before the Christmas break. (If not, shame on you!) We’ve decided to create a helpful guide to help you not only become one of our favourite clients, but to avoid stress, errors and more importantly, an unexpected tax bill with only days to spare before its due. Tip one. Failure to prepare, is preparing to fail. But we didn’t need to tell you that! It sounds like the most simple advice but preparing [...]