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So far Harris Lacey & Swain has created 2164 blog entries.

COVID-19 Update 26/03/2020

This evening the chancellor Rishi Sunak will be joining the prime minister for his daily conference. It has been confirmed that the help available for self employed workers will be the main topic. We will have more information on this tomorrow. We would also like to go into further detail regarding schemes you may find useful. VAT Deferral As stated in a previous update , this is an automatic offer with no applications required. Businesses will not need to make a VAT payment during this period (20 March 2020 until 30 June 2020). Taxpayers will be given until the end [...]

By |March 27th, 2020|Blog, COVID-19 Updates|
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Coronavirus Business Interruption Loan Scheme (CBILS)

  THE CORONAVIRUS BUSINESS INTERRUPTION LOAN SCHEME (CBILS) IS NOW AVAILABLE THROUGH PARTICIPATING LENDERS   Written 23 March 2020   INTRODUCTION CBILS is a new scheme, announced by The Chancellor at Budget 2020, that can provide facilities of up to £5m for smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions to their cashflow. CBILS supports a wide range of business finance products, including term loans, overdrafts, invoice finance and asset finance. The scheme provides the lender with a government-backed guarantee potentially enabling a ‘no’ credit decision from a lender to become a ‘yes’. [...]

By |March 24th, 2020|COVID-19 Updates|
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COVID-19 Update (23/03/2020)

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, [...]

By |March 23rd, 2020|Blog, COVID-19 Updates|
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HLAS Working Arrangements

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 [...]

By |March 20th, 2020|COVID-19 Updates|
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Helpful Links and Websites

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/

By |March 20th, 2020|COVID-19 Updates|
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What you need to know from a legal perspective – Andrew Jackson

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, [...]

By |March 20th, 2020|COVID-19 Updates|
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COVID-19 Update (19/03/2020)

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 [...]

By |March 19th, 2020|Blog, COVID-19 Updates|
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Spring Budget 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 [...]

By |March 13th, 2020|Blog|
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