Posted 06/05/2020 The Government have today announced a new fund that will enable dairy farmers in England access to up to £10,000 each to help them overcome the impact of the coronavirus outbreak. With some dairy farmers facing financial difficulties and excess milk, the new fund will provide support for those most in need. Eligible…Read More
Posted 05/05/2020 The Self-Employment Income Support Scheme goes live on 13th May, but not everyone can claim on that date. If you follow the eligibility checker in the link below, it will tell you if you are eligible and from what date you can apply. https://www.tax.service.gov.uk/self-employment-support/enter-unique-taxpayer-reference When you have submit your claim on your allocated…Read More
Posted 04/05/2020 We have received confirmation from HMRC that they will start contacting people who may be eligible for the new Self-Employment Income Support Scheme this week. If you are eligible, this scheme will allow you to claim a taxable grant worth 80% of your trading profits up to a maximum of £7,500. Check If…Read More
Posted 04/05/2020 A discretionary fund has been set up to help small businesses previously outside the scope of the business grant funds scheme but who have ongoing fixed property costs e.g. businesses in shared spaces, regular market traders, small charity properties and bed and breakfasts. However, Local authorities may also choose to make payments to…Read More
Posted 28/04/2020 Staffordshire County Council have set up a limited £500,000 businesses fund, to support micro-businesses through this difficult time. This grant fund is targeted at small, micro and one person businesses that are not eligible for the grants and rate relief packages offered by the government. A total of £500,000 is available, with…Read More
Posted 28/04/2020 The Bounce Back Loan scheme will help small and medium-sized businesses affected by coronavirus to borrow between £2,000 and £50,000. The loan amount will be capped at 25% of turnover. The government will guarantee 100% of the loan and there won’t be any fees or interest to pay for the first 12 months.…Read More
Posted 22/04/2020 As at 20th April 2020, only 50% of businesses who have been identified as possibly being in scope to receive a Grant by their Local Authority, have claimed and received the payment. https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/880286/200420_local_authority_grant_payments.csv/preview Specifically: Cheshire East – of 7,033 eligible businesses, only 3,028 have claimed Cheshire West & Chester – of 5,971 businesses,…Read More
Posted 21/04/2020 A Calculator has been released by the Government to help you to calculate 80% of your employee’s wages, National Insurance contributions and Pension contributions. The calculator is within links that we have posted previously on our Newsfeed, but you may find it useful to have a quick link available https://www.gov.uk/guidance/work-out-80-of-your-employees-wages-to-claim-through-the-coronavirus-job-retention-scheme#calc The Government have…Read More
Posted 21/04/2020 If you need to make an application for the Coronavirus Job Retention Scheme and we currently process your PAYE, we are happy to help. If you run your own PAYE Scheme or would prefer to submit the application yourself and cannot find the information on the Government Website, the Government is offering support…Read More
Posted 21/04/2020 A new ‘support finder’ tool will help businesses and self-employed people across the UK to quickly and easily determine what financial support is available to them during the coronavirus pandemic. The finder tool on the Government website will ask business owners to fill out a simple online questionnaire, which can take minutes to…Read More
After you’ve made a claim: – Keep a note or a print-out of your claim reference number as you won’t receive a confirmation SMS or email – Retain all records and calculations for your claims, in case HMRC need to contact you about them – Expect to receive the funds six working days after you…Read More
Posted 20/04/2020 The link to apply to claim for 80% of your employee’s wages plus any employer National Insurance and pension contributions, if you have put them on furlough because of coronavirus (COVID-19) is now live. If your payroll is processed by an agent and they are fully authorised to act on behalf of the…Read More
Posted 20/04/2020 The Chancellor has extended the furlough scheme to the end of June 2020 to reflect continuing social distancing measures. The scheme, which allows firms to furlough employees with the government paying cash grants of 80% of their wages up to a maximum of £2,500, was originally open for three months and backdated from…Read More
Posted 15/04/2020 HMRC have updated their guidance on claiming grants through the coronavirus (COVID-19) Self-Employment Income Support Scheme including guidance on how HMRC work out total income and trading profits for the scheme. View the guidance on how HMRC calculate your total income and trading profits for the scheme at https://www.gov.uk/guidance/how-hmrc-works-out-total-income-and-trading-profits-for-the-self-employment-income-support-scheme. View our full guidance on…Read More
Posted 09/04/20 We have been advised that Scam HMRC texts, e-mails and phone calls are being used to try to fraudulently obtain your personal details. It has been confirmed that HMRC will never text, e-mail or phone to ask for bank details, PIN or passwords. Don’t: Give out private information Reply to text messages…Read More
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