Following our first article on Frequently asked questions, many more questions have naturally arisen as things are being implemented, so here below are the most recent one and the answers are as per information available as at 31 March 2020 Which employees can we claim for? Furloughed employees must have been on your PAYE payroll on…

This is an area many of you will not have needed to know about but with many individuals falling into UC and the world of State Benefits (as a result of the Pandemic) we thought we can direct you to where you can find the information you require The following information can be found at: http://www.understandinguniversalcredit.gov.uk/new-to-universal-credit/how-much-youll-get/…

#1 Department for International Trade (DIT) has issued guidance for UK Businesses trading internationally. This advice is for UK businesses that export or deliver goods and services abroad and have been impacted by the spread of coronavirus (COVID-19). It includes: DIT support for UK business trading internationally financial support for business trading internationally DIT can support…

Frequently Asked Questions (Based on information available as at 29 March 2020) Under the Coronavirus Job Retention Scheme, all UK employers with a PAYE scheme will be able to access support to continue paying part of their employees’ salary for those that would otherwise have been laid off during this crisis. This applies to employees…

IMPORTANT INFORMATION With things moving very quickly and news from different sources sometimes dis-jointed, I  tried to organise it in some sensible intelligible form which will be helpful to you during these worrying times and at the same time tried to explain items (as far as possible) which are of concern and will effect majority…

IMPORTANT INFORMATION   With things moving very quickly and news from different sources sometimes dis-jointed, I  tried to organise it in some sensible intelligible form which will be helpful to you during these worrying times and at the same time tried to explain items (as far as possible) which are of concern and will effect…

IMPORTANT INFORMATION   With things moving very quickly and news from different sources sometimes dis-jointed, I  tried to organise it in some sensible intelligible form which will be helpful to you during these worrying times and at the same time tried to explain items (as far as possible) which are of concern and will effect…

IMPORTANT INFORMATION I apologise for the length of this bulletin, but with things moving very quickly with various news from different sources sometimes disjointed, I have tried to lay it in some format which will be helpful to you during these worrying times and at the same time tried to explain items (as far as…

Six-month cash flow template (small business no debtors) If you receive cash or card for sales at the point of sale, this could help with estimating cash surplus / deficit for the next 3-6 months’ time. Cash estimates March April May June July August £ £ £ £ £ £ A Cash from sales 2500…

For VAT, the deferral will apply from 20 March 2020 until 30 June 2020. All UK businesses are eligible. How to access the scheme This is an automatic offer with no applications required. Businesses will not need to make a VAT payment during this period. Taxpayers will be given until the end of the 2020…

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