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What is Flexible Furlough?

What do you need to know about this coronavirus assistance program? When the Covid-19 pandemic hit the United Kingdom, the nation was put on lockdown to staunch the wave of infection. Businesses were inevitably affected as people were told to stay at home.  To cushion the economic impact, the government rolled out a furlough scheme in …

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NEW Coronavirus Support for Self Employed – Self Employed Income Support Scheme

Today the Chancellor announced a support package for the self employed, freelancers and gig economy. Coronavirus Support for Self Employed – Self Employed Income Support Scheme You will received a taxable grant of 80% of the average profit of your business over the last 3 years – as submitted in your personal tax return, up …

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Support for small limited companies during Coronavirus

So far, with the Coronavirus announcements for small businesses, there have not been as much support for small limited companies and their directors.  We are hoping that there will be more to come and that the administrative aspect is what has stopped more announcements so far. What has been announced so far is included here. …

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Coronavirus government statutory sick pay – how to apply for it

Coronavirus government statutory sick pay and how to apply for a refund to cover the cost of small business employees either self-isolating or going sick Coronavirus government statutory sick pay – and how to apply for (details for employers) It was announced that the government will meet the cost of coronavirus statutory sick pay (SSP) …

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How do I apply for a Coronavirus Business Interruption Loan?

How to apply for the new Coronavirus Business Interruption Loan scheme to help small business survive during the COVID-19 outbreak. How do I apply for a Coronavirus Business Interruption Loan?  The Chancellor announced a new temporary Coronavirus Business Interruption Loan scheme, as part of a package of measures to help small business. -> See also …

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