Announced on Thursday 24th September, the new Winter Economy Plan, was announced by the Chancellor.
The package of measures applies to all regions and nations of the UK, include:-
A new Jobs Support Scheme to protect millions of returning workers.
Extending the Self Employment Income Support Scheme.
Continuing the 15% VAT cut for the hospitality and tourism sectors.
More help for […]
This fifth client bulletin concentrates on financial steps business should take now.
Before highlighting new measures, I would like to provide further update on the most important support measures announced to date:
[A] PREVIOUS ANNOUNCEMENTS
UPDATE FOLLOWING ADDITIONAL GUIDANCE
[1] Coronavirus Job Retention Scheme
The HMRC application platform is NOT ready yet: it is expected to be available by the end of April 2020.
[2] […]
This forth client bulletin concentrates on financial steps business should take now.
SELF-EMPLOYED SUPPORT ANNOUNCEMENT
Last night, Chancellor announced the “coronavirus (COVID-19) Self-employment Income Support Scheme“, which you can use if you are self-employed or a partner and you have lost income due to the impact of coronavirus.
Some of the details from the official HMRC announcement about this important new financial aid package are noted below. Please contact us […]
This third client bulletin concentrates on financial steps business should take now.
Small Business Bonus Relief (to reduce non-domestic rates)
“Small business bonus relief” is an existing scheme which reduces the amount of non-domestic rates that are paid by small businesses.
Obtaining this relief is a qualifying criteria for a new cash grant from the described next.
APPLY:-
South Lanarkshire Council: https://www.southlanarkshire.gov.uk/forms/form/311/en/small_business_bonus_relief
North Lanarkshire Council: https://www.northlanarkshire.gov.uk/index.aspx?articleid=29202
Glasgow City […]
Emergency financial help for business
This is the second in our series of bulletins through which we aim to help all our clients by sharing up-to-date official Guidance and practical tips to combat the financial impacts caused by the Cornonavirus (Covid-19).
There are five emergency financial aids that I want to highlight today.
CORONAVIRUS BUSINESS INTERRUPTION LOAN SCHEME
From today, the Coronavirus Business Interruption […]