Chancellor Rishi Sunak has outlined details of the extension to the Coronavirus Job Retention Scheme. The scheme currently allows businesses to keep salaried staff contractually employed, but not working, while the government pays 80% of their incomes. The plan was… Read more
Mortgage holidays started in March, allowing people to defer payments without affecting their credit rating. That respite from payments would end for the first applicants in June and the Treasury said the extension would provide certainty for those affected. However,… Read more
A new online service will be launched on 26 May for small and medium-sized employers to recover Statutory Sick Pay (SSP) payments they have made to their employees, the government announced today (19 May 2020). The Coronavirus SSP Rebate Scheme… Read more
There are different sources of finance and assistance available from the Government designed to help you, and your businesses. Here is a guide of what is available. Self-Employed Income Support Scheme (SEISS) We are unable to apply for this on… Read more
Chancellor of the Exchequer has extended the Government’s furlough scheme until the end of October. Announcing the decision in the house of commons the Chancellor revealed that “no changes whatsoever” will be made to the current scheme until the end… Read more
The Self-Employment Income Support Scheme allows those who qualify to claim a grant of 80% of their average monthly trading profits. It is paid out in a single instalment ‒ so the equivalent of getting three months’ worth of money… Read more
The Government has announced a new 100% Government backed loan scheme for small businesses. Small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders, the Chancellor announced yesterday. Chancellor Rishi Sunak… Read more
