News

No Acknowledgement of Directors Income Support From Uk Government

Last week there was a bit of a flurry in the press around the Government potentially backing a proposal by the Federation of Small Businesses and the Association of Chartered Certified Accountants to pay company directors who are compensated via Dividends an equivalent of the SEISS grants. https://www.ft.com/content/e6277d45-0383-4c46-84f7-00d53a741026 Under the proposed scheme, company directors who…

Read more

Covid Support Schemes November 2020

Further to our last post about the Job Support Scheme, we have to warn you that it is no longer relevant as of Monday.  The government have delayed its introduction for another month, instead they have extended the older more generous scheme and will pay 80% of furloughed employee’s wages with employers covering employer’s NIC and pension…

Read more

The New Job Support Scheme

As you should hopefully be aware, the current government furlough scheme will end completely on the 31 October 2020 to be replaced by the new “Job Support Scheme” (JSS). For employers this represents a big drop in the funding available to keep employees on the payroll.  It appears that this Job Support Scheme (JSS) will…

Read more

Northern Ireland Hardship Grant for Micro-businesses

As some of you already know, Invest NI have now launched the Hardship Fund for Micro-Businesses.  You can now access this via this link: https://www.investni.com/ni-micro-business-hardship-fund   You should have most of the information at hand allowing you to complete this application, but you will likely need to contact us to get your RTI submission report and your…

Read more

Covid-19 – Updated News and Reliefs for Businesses

The chancellor has set out temporary measures to support services through this period of disruption. The following measures are introduced to support businesses: Coronavirus Job Retention Scheme All UK businesses will be eligible. Under this scheme you will be able to “furlough” workers who are unable to perform their jobs because of Coronavirus. HMRC will…

Read more