Category: News
The economy might be in for a rocky period, so have you thought about your company structure and protection of assets?
With the long-term financial impact of Covid:19 still being unknown have you thought about your company structure and if there are commercial benefits to splitting the assets from the trading entity? Many companies may have…
Protecting renters affected by coronavirus
No renter in either social or private accommodation will be forced out of their home More than a fifth of UK households live in privately rented accommodation. The Government has introduced measures to protect renters…
HMRC time to pay proposals and their view on penalties and interest
HMRC have recently explained their current position with regard to Time To Pay (TTP) proposals and their position on interest and penalties. All applications must be made in writing and should include the following information:-…
Coronavirus Business Interruption Loan Scheme (CBILS) – Funds are now coming through
Coronavirus Business Interruption Loan Scheme (CBILS) – Funds are now coming through The Coronavirus Business Interruption Loan Scheme (CBILS) provides…
The impact of COVID19 on the handling on client money
If you are a solicitor or Law Firm and handle client money, what impact has COVID 19 had on your…
THE SELF-EMPLOYMENT INCOME SUPPORT SCHEME (SEISS)
Yesterday the Chancellor finally announced the long awaited SEISS, we say finally but in reality this, along with the other employment packages and loan support…
Step by Step guide for managing your finances
Whilst the Government have announced a business finance support package, it is unlikely to be accessible for several days (the loans via the banks) or weeks (the grants via the Local Authorities). Not all businesses…
Summary of the UK Government’s policy on ‘Furlough’
Q: What does the word ‘furlough’ mean? Furlough generally means a temporary leave of absence from work. This can be due to economic conditions affecting a particular company or the…
VAT ON DEPOSITS
With so many events having to be cancelled or postponed, we thought a reminder on the rules surrounding VAT on deposits would be helpful. Almost exactly a year ago HMRC’s policy on non-refundable deposit payments…
COVID19 HR FAQ for Employers : Updated 14 April 2020
This information is correct as at 14 April 2020 but the situation is changing rapidly and we will do our…