We are here to support you during the ongoing coronavirus pandemic.
Please read the articles below for our latest updates.
3 Aug 2020
The Government has announced that from 31 July 2020 any furloughed worker that is made redundant will receive a payment based on their normal wage rather than the reduced rate of pay they may have received under the Coronavirus Job Retention Scheme (CJRS). Reports of a small number of employers taking advantage of the Coronavirus
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27 Jul 2020
The Chancellor, Rishi Sunak, is considering the introduction of a new sales tax for the online retail sector in a bid to help the struggling high street compete with the e-commerce sector. The Treasury published a call for evidence last week, seeking industry views on an online sales tax for e-commerce retailers as it looks
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17 Jul 2020
As businesses look to move forward after managing the initial fall-out from the COVID-19 pandemic, business owners will have to find alternative ways to manage their cash flow, improve staff efficiency and increase revenue. Many SMEs may not have considered outsourcing back office tasks, such as payroll, bookkeeping, HR or accounting. However, as these are
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14 Jul 2020
The Chancellor, Rishi Sunak, delivered a Summer Economic Update last week on 8 July 2020. His statement covered measures to support jobs, give businesses the confidence to retain and hire, and provide people with the tools they need to get better jobs. This statement was the start of the second phase of the government’s response
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10 Jul 2020
The COVID-19 pandemic has created a challenging time for businesses over the last few months, and as various industries start to re-open and evaluate their current cash-flow situation, many employers will be making difficult decisions with regards to their staff. Unfortunately for some businesses, redundancy may be the only option for recovery. However, even the
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9 Jul 2020
The Chancellor, Rishi Sunak, announced the second stage of his three-part plan to help recover the UK’s economy. The main focus for this next stage is to support jobs across the country, help businesses keep their staff, as well as give people the tools they need to find better employment. The first stage was a
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8 Jul 2020
When the Chancellor, Rishi Sunak, delivered his Spring Budget on 11 March to the packed benches of the House of Commons, the hope was that the economic impact of the Coronavirus outbreak would be ‘V-shaped’, with an immediate bounce back to prosperity. Since then, nearly four months of onerous restrictions have shuttered large sections of
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7 Jul 2020
Individuals eligible for the first Self-Employment Income Support (SEISS) grant must submit their claim by 13 July 2020. The first round of SEISS funding allows self-employed individuals, who have been adversely affected by COVID-19 on or before 13 July 2020, to claim a taxable grant worth 80 per cent of three months’ average monthly trading
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3 Jul 2020
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. The survey conducted by The Open University found that business leaders and managers expected small and medium-sized enterprises (SMEs) expect to recover to their pre-pandemic
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1 Jul 2020
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. Only employees who have previously been furloughed (for a minimum of three weeks) before 30 June can continue onto the next stage of the
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1 Jul 2020
Boris Johnson today announced new regulations that will encourage the building of thousands of new homes and the most radical reform of the planning system since the Second World War. These plans aim to give greater flexibility for the change of use of commercial properties to provide affordable homes as part of the Covid-19 recovery
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26 Jun 2020
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. The Institute of Chartered Accountants (ICAS) and ICAEW (the Institute of Chartered Accountants in England and Wales) have collaborated together to create a short guide that outlines the importance
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