Government winter economy plan round-up

Posted 28/09/2020 by Dawn Phillips
Category COVID-19 HELP
Chancellor outlines Winter Economy Plan - GOV.UK

Winter economy plan: round-up of key points (Blog 1 of 2)

25 September: Rishi Sunak has unveiled a range of measures to stave off the threat of mass unemployment, including a new Job Support Scheme which will contribute to some workers' wages from November.

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Self-Employment Income Support Scheme Extended

Posted 02/06/2020 by Robert Parkin
Category COVID-19 HELP

Self-Employment Income Support Scheme Extended

The Chancellor also announced plans to extend the Self-Employment Income Support Scheme (SEISS) for those people whose trade continues to be, or is newly, adversely affected by COVID-19 (coronavirus). Eligible self-employed people will be able to claim a second and final SEISS grant in August; this will be a taxable grant worth 70% of their average monthly trading profits for three months, paid out in a single instalment and capped at £6,570 in total.

The first claim needs to be made by 13th July 2020

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Coronavirus Job Retention Scheme Extended to October

Posted 01/06/2020 by Robert Parkin
Category COVID-19 HELP


The furlough scheme has significant changes from 01/07/2020.  It’s important to note that the scheme will close to new entrants from 30‌‌ June. From this point onwards, employers will only be able to furlough employees that they have furloughed for a full three-week period prior to 30‌‌ June.

This means that the final date by which an employer can furlough an employee for the first time will be 10‌‌ June for the current three-week furlough period to be completed by 30‌‌ June. Employers will have until 31‌‌ July to make any claims in respect of the period to 30‌‌ June.

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Self-Employment Income Support Scheme (SEISS) - You will need a Government Gateway Account To Claim

Posted 04/05/2020 by Robert Parkin
Category COVID-19 HELP
Self-employed invited to get ready to make their claims for ...

Guidance released today indicates accountants can not complete the claim on behalf of clients.  You will need to register for a Government Gateway Log In to claim with HMRC contacting you after 14th May 2020 with further details.

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Bounce Back Loans Launched Today

Posted 04/05/2020 by Robert Parkin
Category COVID-19 HELP
New Bounce Back Loans to launch today - GOV.UK

The Bounce Back Loan scheme will help small and medium-sized businesses to borrow between £2,000 and £50,000.

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COVID 19 - 100% Government backed loans for small business

Posted 30/04/2020 by Robert Parkin
Category COVID-19 HELP

Bounce back loans

This scheme is available on 4 May 2020.

The Bounce Back Loan scheme will help small and medium-sized businesses to borrow between £2,000 and £50,000.

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Coronavirus Business Interuption loan Scheme (CBILS)

Posted 29/04/2020 by Robert Parkin
Category COVID-19 HELP

British Business Bank logo

Coronavirus Business Interuption loan Scheme (CBILS)

29 April 2020: the UK’s seven largest small business lenders have relaxed evidence requirements for applications to the existing Coronavirus Business Interruption Loan Scheme.

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COVID-19 Business Support Finder Tool

Posted 28/04/2020 by Robert Parkin
Category COVID-19 HELP

HMRC have released a business support finder to easily find what support is avilable for your business:

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Coronavirus: Scams: Please be vigilant

Posted 21/04/2020 by Robert Parkin
Category COVID-19 HELP
Scammers are using the Coroavirus (COVID-19) to try and steel money or valuable personal information or to get access to your computer or network.  Please be vigilant. 

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Coronavirus employee furlough scheme extended to the end of June

Posted 18/04/2020 by Robert Parkin
Category COVID-19 HELP

Coronavirus Job Retention Scheme extended by one month to reflect continuing social distancing measures.

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