If you operate your business as a Limited Company where you’re the only Director, owner, and employee, you’re probably wondering what financial support is available to help you deal with the financial impact of COVID-19. Over the last week, the Government have...
New guidance was released from the Government overnight regarding the Job Retention Scheme and Furlough workers. The additional details, clarified below, will need to be considered when planning for the months ahead. Employers can claim for 80% of furloughed...
Self-Employment Income Support SchemeLast night, the Chancellor announced that self-employed people will be able to claim a taxable grant worth 80% of their trading profits up to a maximum of £2,500 per month for the next 3 months.We hope the following...
What is the coronavirus job retention scheme and who can participate?The scheme will enable businesses to recover 80% of wage costs for employees on ‘furlough leave’ – which is an entirely new concept and is a new class of indefinite leave where the...
Some welcome news for the Self-EmployedThe chancellor, Rishi Sunak, is expected to announce that the taxpayer will pay self-employed workers up to 80% of their recent earnings to help contain the economic impact of coronavirus.This has come as a result of the growing...
