Since the beginning of the Coronavirus outbreak in the UK, the Government has announced numerous schemes to support employers and businesses.

Several of these schemes are winding down or changing in the coming months, so we have created a handy grid showing what support is available and the deadlines for accessing it.

The CJRS is changing from 1 July 2020. Our update of 3 June 2020 covers the changes from the current scheme to a new scheme of flexible furloughing. The government in now aiming to help employers bring their furloughed employees back to work.

From 1 July, employers can bring furloughed employees back to work for any amount of time...

A new package of support will help high street businesses “get back on their feet” following the coronavirus lockdown, the Government has said.

Known as the High Streets Task Force, the new platform comes as almost all non-essential retail businesses prepare to open from Monday, 15 June.

The Government has now delivered almost £35 billion in corporate finance to businesses affected by COVID-19, it has been revealed.

The figures, published by the British Business Bank (BBB), highlight the importance of the business support schemes three months after shops and workplaces...

The Government has officially announced that the introduction of the domestic VAT reverse charge for the construction industry has been delayed until 1 March 2021 because of the impact of the coronavirus pandemic.

The VAT reverse charge was due to be introduced in October 2020 and would see an end to subcontractors receiving VAT payments in most situations.

HR Manager, Bal Dhesi is back again with more great advice and guidance to help employers support and manage their furloughed staff back to the work place.

Having previously advised us on the best ways to work from home, this time we learn why it’s important to keep accurate recording whilst utilising the Coronavirus Job Retention Scheme, how to communicate with both furloughed and non-furlough team members...

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...

As expected, last week the Chancellor announced further changes to the CJRS. These changes are aimed at helping employers bring furloughed employees back to work with an aim of closing the scheme on 31 October 2020.

At the moment the government is paying either 80% of a furloughed employee’s gross monthly wage or £2,500 per month, whichever is lower. In addition, the government is also covering...

As businesses look to rebuild and recover from the trading challenges of COVID-19 in the coming weeks and months it is vitally important that they manage and maintain good cash flow to ensure they remain viable and can trade.

To manage cash flow effectively, businesses need to be able to forecast how they will perform. A well-prepared forecast can help to...

An important element of healthy cash flow is the credit control process. Smaller businesses in the UK have historically struggled to recover payments, especially from larger clients.

To help, the Government has tried to introduce new legislation. However, in many cases, it has lacked the bite to be effective.

The fundamentals of improving business profitability comes down to five key factors:

1. Reducing costs
2. Increasing turnover
3. Improving efficiency
4. Increasing productivity
5. Innovation and development.

As a result of the recent restrictions, many businesses have, for the first time, switched their focus to online sales.

Whilst this has opened up many new opportunities it has also posed greater...