In August, the Coronavirus Job Retention Scheme saw its first set of changes for employers as it begins to wind down at the end of October. The grant scheme sees the government paying 80% of an employee’s wages (capped at £2,500) and now the employer pays their national insurance and pension contributions. There is a …
Employers could be at serious risk if CJRS calculations are incorrect Read More »
According to the latest research, UK businesses anticipate that it will take around 18 months to fully recover from the disruption of the Coronavirus pandemic and associated social distancing rules.
On Wednesday 1 July, the UK will welcome Stage Two of the Coronavirus Job Retention Scheme (CJRS) also known as flexible furloughing to help support employees come back to the workplace.
It’s not just the past, but the future you have to consider. Owners and directors of small and medium-sized businesses have come under threat by the COVID-19 pandemic, with many companies having to change the way their business may operate.
UK businesses are owed more than £133 billion since the lockdown measures began in March, with the average business waiting on £148,917 for work that was completed before the lockdown.
More than 630,000 UK businesses have been given the confidence to trade during Covid-19 after the Government announced guarantees of up to £10 billion to Trade Credit Insurance schemes. Trade Credit Insurance enables businesses to trade safe in the knowledge that they will be protected if a customer defaults or delays on payment. According to …
Trade Credit Reinsurance scheme to support 630,000 UK businesses Read More »
