COVID-19: Time is running out to make November furlough claims

02 Dec 2020

Businesses have just days left to make a claim for staff furloughed in November, with the deadline ending on 14‌‌‌ ‌‌December 2020.

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Self-employed profits must be “significantly reduced” to claim third SEISS grant, says HMRC

26 Nov 2020

Self-employed workers’ profits must be “significantly reduced” in order to claim the third instalment of the Self-Employment Income Support Scheme (SEISS), it has been revealed.

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Spending Review highlights long-term economic impact of Coronavirus pandemic

26 Nov 2020

The Chancellor’s statement to Parliament setting out his Spending Review decisions came against a backdrop of predictions from the Office for Budget Responsibility (OBR), which indicated that the UK economy will shrink by 11.3 per cent this year – the largest fall in output for 300 years. In response, he said that the Coronavirus Pandemic […]

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Important deadlines approach for the furlough scheme

26 Nov 2020

Businesses across the UK are being reminded of key deadlines and actions for the Coronavirus Job Retention Scheme (CJRS), which are just days away. The CJRS was extended recently to 31‌‌‌ ‌March 2021 for all parts of the UK. Since 1 November 2020, the UK Government has agreed to pay 80 per cent of employees’ […]

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Third round of Self-Employment Income Support Scheme (SEISS) opens on Monday with tighter eligibility criteria

26 Nov 2020

The third round of the Self-Employment Income Support Scheme (SEISS) will open on Monday 30 November 2020 with tighter eligibility criteria than have applied to the previous two rounds of the scheme. The third grant is worth 80 per cent of a self-employed individual’s usual trading profits over three months, capped at £7,500 in total […]

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Companies House to scrap paper reminder letters

26 Nov 2020

Companies House has announced that businesses will no longer receive reminder letters, as it seeks to end paper communications. Businesses across the UK have been receiving a notification letter by post letting them know that Companies House is withdrawing this service, as it seeks to save £1.2 million annually. Instead, companies will be asked to […]

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The New COVID-19 Tier System

25 Nov 2020

When the national temporary lockdown ends in England on 2 December 2020, the country will enter a new tougher, tiered local system of restrictions. To help you understand what you can and cannot do under this new system, please use our helpful chart: Tier 1 – Medium Tier 2 – High Tier 3 – Very […]

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Businesses urged to file annual accounts early and “go paperless” to avoid Covid-19 disruption

20 Nov 2020

Companies House has urged businesses to file their annual accounts earlier than usual to avoid “last minute” disruption caused by the coronavirus.

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HMRC to investigate Eat Out to Help Out scheme claimants

19 Nov 2020

Registered users of the Eat Out to Help Out scheme (EOTHO) should check their claims to ensure that money has not been paid out incorrectly, HM Revenue & Customs (HMRC) has announced.

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Furlough scheme update – Publication of claims and employees serving notice

16 Nov 2020

HM Revenue & Customs (HMRC) has confirmed that employees serving notice cannot be claimed for from the Coronavirus Job Retention Scheme (CJRS) from 1 December 2020 onwards. It has also confirmed further details of plans to disclose details of claims made by employers from December onwards. Notice periods The change means employers cannot claim furlough […]

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