News

Layoffs owing to reduced work
31 March 2020

It is possible that businesses, especially those in certain sectors, will see a reduced workload as a consequence of Coronavirus. In these circumstances, and where allowed for in the contract of employment, employees can be laid off temporarily.
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Coronavirus Self Employed Income Support Scheme (SEISS)
31 March 2020

Following the announcement that businesses will be reimbursed by HM Revenue & Customs (HMRC) for 80 per cent of the employment costs of ‘furloughed’ workers for at least three months from March, the Chancellor has announced a similar scheme for self-employed individuals. he Self-Employed Income Support Scheme (SEISS) will pay...
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Tax and Companies House Deferrals
31 March 2020

As part of its measures to reduce the economic impact of the Coronavirus crisis, the Government has announced deferrals to a number of HM Revenue & Customs (HMRC) and Companies House deadlines to ease the strain on businesses and self-employed individuals.
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Companies House Filing
31 March 2020

Businesses affected by the COVID-19 pandemic can apply to Companies House to request an extension to file their accounts, reports and confirmation statements. Companies House is offering a maximum extension of three months for struggling businesses, but they must meet stringent conditions, including a rule that an appeal to extend...
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Personal Finances
31 March 2020

The ongoing COVID-19 pandemic is having a significant impact on all aspect of individual’s lives, not least their personal finances. During this difficult period, it is likely that your staff may look to you for advice if their own income is affected by the economic impact of this virus.
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Working from home
31 March 2020

With the Government recommending that people work from home where possible, many businesses will have had employees working from home for the first time in recent weeks. Amidst the logistics and practicalities of setting employees up to work from home, it could be easy to overlook the implications of increased home working...
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Commercial Rent Deferrals
31 March 2020

To support UK businesses, the Government has confirmed that commercial tenants that are unable to pay their rent due to disruption caused by the Coronavirus pandemic will not face eviction. The Government had already banned evictions on private residential tenants but has now confirmed that the three-month moratorium...
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Coronavirus Job Retention Scheme Guidance Published
27 March 2020

HM Revenue & Customs (HMRC) has now published detailed guidance for operation of the Coronavirus Job Retention Scheme, which is intended to reimburse up to 80 per cent of the wage costs of a ‘furloughed worker’.
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Coronavirus Self Employed Income Support Scheme (SEISS)
27 March 2020

Following the announcement that businesses will be reimbursed by HM Revenue & Customs (HMRC) for 80 per cent of the employment costs of ‘furloughed’ workers for at least three months from March, the Chancellor has announced a similar scheme for self-employed individuals. The Self-Employed Income Support Scheme (SEISS) will pay...
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Accessing the Coronavirus Job Retention Scheme
25 March 2020

With substantial restrictions for everyone on the circumstances in which we can leave our homes, and many businesses being forced to close, the Chancellor has announced a scheme to reimburse up to 80 per cent of the cost of the wages of ‘furloughed workers’.
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