Entries by Lizzie Robinson

Extension to furlough: Here’s what we know so far

On Saturday night, Prime Minister Boris Johnson announced that the Job Retention Scheme would be extended. The initiative will continue to pay up to 80% of the wages of staff unable to work due to the effects of the coronavirus pandemic. It will continue in place of the Job Support Scheme (JSS), which was due […]

Changes To Commercial Vehicle Rules

The Court of Appeal has made its final ruling on Payne, Garbett and Coca-Cola European Partners Great Britain Ltd v HMRC –  a case that forms the peak of a protracted debate over the difference between cars and vans. The Court has concluded that the three types of modified crew-cab vehicles in question are cars rather […]

Changes to the Job Support Scheme

In a welcome announcement yesterday, Rishi Sunak revealed new changes to the Job Support Scheme (JSS). The changes will re-establish more practical support for businesses adversely affected by COVID-19. Changes to the Job Support Scheme (JSS Open) The JSS applies to the entire United Kingdom. The changes announced to the JSS yesterday – now called […]

Changes to the Local Restriction Support Grants

In a welcome announcement yesterday, Rishi Sunak revealed new changes to the Local Restriction Support Grants (LRSG). The changes will re-establish more practical support for businesses adversely affected by COVID-19. Cash Grants for businesses severely disrupted by Tier Two restrictions in England Additional government funding is being provided to local authorities to support businesses in […]

Changes to the Self Employed Income Support Scheme

In a welcome announcement yesterday, Rishi Sunak revealed new changes to the Self Employed Income Support Scheme (SEISS). The changes will re-establish more practical support for people adversely affected by COVID-19. The Self Employed Income Support Scheme (SEISS) From 1 November 2020, the SEISS grant due covering the period from 1 November 2020 to 31 […]

Importance Of Fee Protection

Each year, HMRC randomly select a number of tax returns to investigate, to ensure compliance in taxpayers reporting their tax. This has long been the case and is something that every business should be aware of, but this year the chances of being subject to an investigation are bigger than ever. As a result of […]

Kickstart Scheme

As the Government steps up efforts to limit the likelihood of mass unemployment as the result of the coronavirus pandemic, many local authorities have received and distributed funding to small and medium-sized businesses in their regions. A package of grants and financial support worth £20m was announced by Simon Clarke, Minister for Regional Growth and […]

Follow Your Dreams – Starting Your Own Business

Over the past few months, many people have gotten a taste of working from home. For some, this will have sparked an interest in working for themselves, and taking their current set up and knowledge and turning it into an enterprise of their own. There are many benefits to working for yourself. When describing why […]

Ways To Increase Resilience During A Recession

Eleven years since the end of the last recession, the world is once again facing a global economic downturn, as a result of the COVID-19 outbreak.. The World Bank estimates that global GDP fell by 1.7% in the last recession, and businesses must be prepared for an even greater fall this time, as there seems […]

Cashflow

As the unprecedented effects of the coronavirus pandemic continue to be felt across the UK, businesses of all sizes are facing cash flow crises. This is partly thanks to a significant decline in spending across the country, as well as disruption to operations as a result of public health measures to contain the virus. The […]