You could be working in a family business right now… and not even know it. Sounds like a silly statement, doesn’t it? But the reality is, many people are working with relatives in some capacity and are unaware there is support out there for them. [...]
Small businesses have found it very difficult to borrow from their banks since the start of the Coronavirus crisis. To combat this, the government has introduced Bounce Back Loans. The full detail is available on the Business Bank website including a list of the banks [...]
Xero now has the ability to calculate 80% of employee’s regular earnings if they have been furloughed. Below are the steps on how to do this when processing your payroll: Check the employee’s start date – You will need to make sure that employees have [...]
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 [...]
The reality of working at home is that you just don’t have everything set up as well as you do at work. Talking to people, getting documents to people or sharing work amongst a team can be hassle or even impossible if you don’t have [...]
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 [...]
Once the dust settles after the election, we will be expecting a new budget early in 2020. However, one of the measures we are not expecting to change is the huge reduction in company car tax for electric vehicles due to come in April 2020. [...]
