(Updated: Friday 17th April) In the Wednesday briefing the Government announced that the eligible date for an employee to be included in the Job Retention Scheme claim has been moved to 19th March (the day before the scheme was announced). This change means that many employees who previously didn’t qualify to be included in the…Read More
All businesses with a UK VAT registration have the option to defer VAT payments due between 20 March and 30 June. You therefore have until 31 March 2021 to pay any VAT deferred as a result of this announcement. You do not need to inform HMRC if you wish to defer payment. You can opt…Read More
The Pensions Regulator (TPR) has been explicit that it expects employers to continue contributing. It has, however, stated: “We know this is a challenging time for everyone and we recognise the strain this is putting on employers. We will take a proportionate and risk-based approach towards enforcement decisions, in light of these challenging times, with…Read More
The UK Government have put together a hub for business information giving full links and information on the schemes that are currently available. (Please remember there are other/alternative schemes from the Scottish Governments links on our main Coronavirus Support Page Particularly for the Coronavirus Business Interruption Loan Scheme (CBILS) it includes links to the British…Read More
On Friday 20th March the UK Government announced it’s next set of support measures for the UK economy. The most significant of these measures was the announcement that businesses would be able to recover 80% of salary of workers who have had to be ‘furloughed’ due to Coronavirus up to a maximum of £2,500 per…Read More
This blog is to try and drag together a few points which have come out of a broadcast FSB business advice webinar. As you can imagine there were lots of questions fired at the panelists, some of the ‘key discussion points’ that came up were: Cash Flow – If you are struggling to get customers…Read More
It’s hard to stay up to date with the rapidly changing situation on Covid-19 which will obviously affect businesses and their employees. We have received inquiries from clients about the business impact. As at today, 17th March 2020 the Government advice pages can be found below: Scottish Government https://www.gov.scot/news/covid-19-helpline-for-scottish-businesses/ UK Government https://www.gov.uk/government/news/coronavirus-covid-19-guidance-for-employees-employers-and-businesses From the point…Read More