What does furloughed mean? As an alternative to redundancy, you can temporarily lay off staff (or reduce their working hours, known as ‘short-time’ working). If your contracts allow, you do not have to pay laid off staff. Furloughed is essentially just another word for laid [...]
Here are some of the FAQ’s we’ve been discussing with clients this week. We don’t currently have all of the answers, but we know that some of these questions can’t wait, so where we have been vague, please understand that as legislation and guidance is [...]
The impact of the coronavirus and government's support for business is changing rapidly so we've updated our blog to outline the key measures for business and the detail behind them where it is available. We will continue to update this post as more information is [...]
The government announced yesterday the first wave of financial support in their mission to support businesses, individuals and families. There are further measures expected in the coming days but for now, here are the headlines: Government loans The treasury are making available £330 billion by [...]
As one of the most anticipated budgets in years, we wanted to focus on the key changes and how these will affect you and your business. Entrepreneurs Relief This is a big change for our clients, particularly as most fall into the category of business [...]
