by admin | Jun 10, 2020 | Business Support |
HMRC’s guidance makes it clear that any business that makes an error in making a Coronavirus Job Retention Scheme (CJRS) claim must pay back any amount over-claimed. Any claims based on inaccurate information can be recovered by HMRC. The CJRS application claim...
by admin | Jun 10, 2020 | Business Support |
As our readers will be aware, the Coronavirus Job Retention Scheme (CJRS), has been extended until 31 October 2020. There are a number of important changes to the way the scheme works that will start to come into effect from 1 July 2020, when employers can bring back...
by admin | Jun 10, 2020 | Business Support |
HM Treasury has published its weekly update (to close of business on 7 June 2020) on COVID-19 lending schemes designed to support businesses impacted by the pandemic. Under the Coronavirus Business Interruption Loan Scheme (CBILS), 47,650 businesses have received...
by admin | Jun 3, 2020 | Business Support |
The recent news that the lockdown is being eased for certain businesses is good news. Unfortunately, there are many other businesses that are still closed and unable to trade. And there is always a background risk that any relaxation of the lockdown will increase the...
by admin | Jun 3, 2020 | Business Support |
Recent statistics published by HM Treasury confirm that £22bn of Bounce-Back Loans have been taken up by 700,000 small businesses across the UK. That is an average loan of approximately £31,000 per business. As these loans are limited to 25% of business...
by admin | Jun 3, 2020 | Business Support |
HMRC’s guidance on the Coronavirus Job Retention Scheme has been updated a number of times as the workings of the scheme evolve. The most recent update, on 29 May 2020, followed an announcement by the Chancellor, Rishi Sunak. The Chancellor outlined...
Recent Comments