GOVERNMENT HELP DURING THE NEW LOCKDOWN

GOVERNMENT HELP DURING THE NEW LOCKDOWN

Following the Prime Minister’s announcement on Saturday regarding the national lockdown that will start on Thursday, the Chancellor has announced the following financial assistance to businesses.

The Furlough Scheme is to be extended and the Treasury will pay for November 80% of the salary for hours not worked for furloughed employees up to a maximum of £2,500 per employee. Employers will pay the employers National Insurance and pension contributions. To be eligible the employees must have been on the employer’s payroll by 23:59 on 30 October 2020.

Businesses required to close in England due to local or national restrictions will be eligible to grants between £1,334 to £3,000 per month depending on the rateable value of the property.

GOVERNMENT HELP DURING THE NEW LOCKDOWN

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GOVERNMENT HELP DURING THE NEW LOCKDOWN
GOVERNMENT HELP DURING THE NEW LOCKDOWN

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We are a one-stop-shop of expertise parallel to the “Big 4” accounting firms, but small enough to work with you on a personal basis – there is no matter that a colleague at Haslers cannot handle.  Our Partners are all specialists in their chosen fields of expertise consistently working together across matters, meaning you benefit from joined-up, Partner-led advice with broad skills and experience on all aspects of your financial affairs.