COVID-19 business support

What happens if my employees have to self-isolate following contact tracing?

What happens if my employees have to self-isolate following contact tracing?

Posted in Covid-19 on May 28, 2020

Following the launch of the Government’s contact tracing system, employers should be prepared for the possibility of multiple employees being required …

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Coronavirus Future Fund opens to applications

Coronavirus Future Fund opens to applications

Posted in Covid-19 on May 21, 2020

The Future Fund, which offers convertible loans of between £125,000 and £5 million to innovative companies facing financial difficulties as a result …

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Changes to notifying an option to tax (VAT) on land and buildings during the Coronavirus pandemic

Changes to notifying an option to tax (VAT) on land and buildings during the Coronavirus pandemic

Posted in Covid-19 on May 21, 2020

HM Revenue & Customs (HMRC) has made temporary changes to the time limit and rules for notifying an option to tax (charge VAT on) land and buildings. …

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Money laundering supervision payment deferrals and deregistration announced by HM Revenue & Customs

Money laundering supervision payment deferrals and deregistration announced by HM Revenue & Customs

Posted in Covid-19 on May 21, 2020

Businesses that require money laundering supervision from HM Revenue & Customs (HMRC) can receive a six-month payment deferral or deregistration where …

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Tax treatment of expenses and benefits during COVID-19

Tax treatment of expenses and benefits during COVID-19

Posted in Covid-19 on May 21, 2020

The Government has updated its guidance on taxable expenses and benefits when they are paid to employees during the Coronavirus crisis and how employers …

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Temporary tax freeze on home office expenditure announced

Temporary tax freeze on home office expenditure announced

Posted in Covid-19 on May 21, 2020

The Government has announced a temporary tax and National Insurance Contribution (NIC) exemption that ensures that home office equipment purchased by employees, …

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Maximum Government-backed loan amount for larger businesses increased to £200 million

Maximum Government-backed loan amount for larger businesses increased to £200 million

Posted in Covid-19 on May 21, 2020

The Government has announced an increase in the maximum amount that larger businesses can borrow under the Coronavirus Large Business Interruption Loan …

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Coronavirus Statutory Sick Pay Rebate Scheme set to open for claims

Coronavirus Statutory Sick Pay Rebate Scheme set to open for claims

Posted in Covid-19 on May 21, 2020

The Coronavirus Statutory Sick Pay Rebate Scheme (CSSPRS), announced by the Chancellor at the Budget, is set to open for claims from Tuesday 26 May 2020, …

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Coronavirus Job Retention Scheme (CJRS) extended until October

Coronavirus Job Retention Scheme (CJRS) extended until October

Posted in Covid-19 on May 12, 2020

The Chancellor, Rishi Sunak, has confirmed that the Coronavirus Job Retention Scheme (CJRS) will be extended until the end of October, with no changes …

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“Covid Secure” practical workplace guidance for employers

“Covid Secure” practical workplace guidance for employers

Posted in Covid-19 on May 12, 2020

The Covid Secure guidance published by the Department for Business, Energy & Industrial Strategy (DBEIS), covers workplaces that can re-open this week, …

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