View our other COVID-19 guidance pages: COVID-19 – Resources, Guidance and Help Coronavirus Job Retention Scheme (CRJS) Small Limited Companies and Covid-19 Owner/Manager Directors can Furlough – New Guidance The Coronavirus Business Interruption Loan Scheme is a temporary measure aimed at supporting businesses through COVID-19 outbreak.  Essentially the Government has hijacked the Enterprise Finance Guarantee (EFG) that has been in existence for years. One important difference is that most of the business sectors that wereRead More
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View our other guidance pages: COVID-19 – Resources, Guidance and Help Coronavirus Job Retention Scheme (CRJS) Small Limited Companies and Covid-19 Also please be aware of our Scam Alert. We have been advising clients who are sole directors of small limited companies that they could not furlough themselves under the Coronavirus Job Retention Scheme (CRJS) as it is not possible for them to be engaged in no work activity. We now have further guidance. BenRead More
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Also see out main Coronavirus support page and our Coronavirus Job Retention Scheme page. The Self-employment Income Support Scheme was announced by the Chancellor on Thursday 26 March bringing relief to thousands of self-employed individuals. However, nothing in the measures helps any of the (approximately) 891,000 sole director/shareholder businesses currently active in the UK. Most of these business owners typically take a very low salary with the majority of their income taken in the formRead More
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Beware of Scammers Please be aware of texts or emails claiming to be from HMRC. The Metropolitan Police has warned of scammers sending texts claiming to be from HMRC.  The above photo is an example of only one of the texts. HMRC will never contact you by text regarding payments/repayments. Unless 100% verified, do not click on links that are included in any text or email.Read More
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Also see our main Coronavirus page. On Friday 20 March 2020 the Chancellor announced an unprecedented move that would see the UK Government paying the salaries and wages of UK employees for businesses affected by the Coronavirus shutdown. The Coronavirus Job Retention Scheme will reimburse employers for 80% of workers pay to a cap of £2,500 per month.  The reimbursement will be by way of grants. No limit has been placed on the total amountRead More
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