Banbury - 01295 270200
Bicester - 01869 252151
High Wycombe - 01494 448122
Witney - 01993 700010
Banbury - 01295 270200
Bicester - 01869 252151
High Wycombe - 01494 448122
Witney - 01993 700010
1st April 2020
Changes to the job support scheme and SEISS.
The Government is expected to have spent £4.9 billion on CJRS.
Employees can receive £6 a week to cover additional costs.
Grant applications close on 19 October 2020.
In the three months to August, unemployment increased by 138,000.
A 5% reduction in the economy has been blamed for the financial hit.
13% of over-50s have adjusted their retirement age.
GDP remains 9.2% lower than pre-pandemic levels.
Up to £26 billion could be lost.
Sunak hinted at possible tax rises to protect the public's finances.
Men and women now receive their state pension at 66.
Businesses can claim the bonus from 15 February 2021.
Tax bills of up to £30,000 can be paid in instalments.
Acas reported six out of 10 large companies are likely to make redundancies.
The bounce-back loan scheme has provided £38 billion of finance to SMEs.
Registrations rise to 21,616 per week in June.
Changes announced to protect businesses during the pandemic.
Sunak outlined measures to protect jobs as the coronavirus pandemic continues.
The scheme forms part of the Government's winter economy plan.
Chancellor Rishi Sunak will set out a fresh round of job support measures today.
Furlough numbers fall from 30% to 11%.
Evictions ban extended until the end of the year.
Consumer prices fell 0.2% from 1% in July.
The new guidance comes into effect from today.
The scheme is set to end on 31 October.
The coronavirus job retention scheme is due to end in October.
Larger businesses will receive £1,500 every three weeks.
Around £1.75 billion and £3.5 billion could have been wrongly paid out.
Fewer than a million customers now on a payment deferral.
In September mortgage deals fell 26.7%.
Notification period ends on 20 October 2020.
New scheme offers funding for work placements.
Mortgage providers told to take a “tailored” approach.
64m meals have been claimed on the scheme so far.
1.6m people found ineligible for SEISS.
Sales volumes increase by 3.6% month-on-month.
Two-thirds receive employer top-ups to pay.
BBB confirms applications can be considered until 30 November.
Government urges restaurants to claim back discounts.
Increased demand outweighs usual summer slump.
Final chance for self-employed people to claim support.
1.2 million businesses receive coronavirus support loans.
Economy shrinks by 20.4% in Q2 2020.
Over-65s most likely to be affected by job losses.
More job cuts expected by the autumn.
Housing secretary aims to tackle rising house prices.
Bank of England’s first forecast since the pandemic hit.
Potential measure would ‘level the playing field’.
Equity loan scheme to end on 28 February 2021.
New law closes loophole for employers.
UK Finance urges people to be on their guard.
Equity loan scheme is currently due to end in December.
Tax-free lump sums fell 53% in March and April.
Coronavirus prompts long-awaited change in the law.
Statistics show 'mixed picture' across stores types.
Year-on-year borrowing 'five times higher' in June.
A temporary reduction in VAT for hospitality, accommodation and admissions has been introduced in response to the coronavirus (COVID-19) pandemic.
Freelancers call for improved self-employed support.
Chancellor wants to ensure the system is fit for purpose.
Standard rates temporarily falls from 20% to 5%.
Figures dispel hopes a V-shaped recovery.
More than 95% of tax owed in 2018/19 was collected.
Think tank predicts a third phase of recovery.
More employer grants in summer economic update.
Three changes the chancellor may announce.
COVID-19 causes savings gap to widen.
More households are 'saving for a rainy day'.
The self-employed urged to double-check eligibility.
With the deadline for applications for the first Self-Employment Income Support Scheme (SEISS) looming on Monday 13th July 2020, the new scheme will be open to applications in August 2020.
Large study shows impact of COVID-19.
ONS revises down its previous estimate by 0.2%.
Group claimed big firms withheld or froze payments.
Nearly a million firms in COVID-19 debt.
Fraudsters target retail, hospitality and leisure firms.
Temporary tax cuts may be revealed in July.
Many workers opted-out during COVID-19 crisis.
The VAT deferral period ends on 30 June 2020.
From 1 July 2020 the Coronavirus Job Retention Scheme (CJRS) is changing to allow more flexibility. HMRC updated their guidance on 12 June 2020 to account for the series of changes that will be introduced.
Firms set to have 30 days to confess from July.
Providers pull 329 products in six months to June.
Pressure on the Chancellor to follow Germany's lead.
Unparalleled figures recorded as a result of lockdown.
Two-week consultation to amend Finance Bill 2019-21 to close tomorrow.
Job retention scheme cost soar to £19.6bn.
Tax group warns employers of cliff edge.
Lending rose £3.8bn in the last week of May.
Grants may be recovered and penalties issued.
COVID-19 forces some to cut their cloth accordingly.
Second and final round of payments to open in August.
Bodies issue collective plea as SEISS nears the end.
Following an extended period of home working, we would like to share with you our completed COVID-19 risk assessment in line with government guidelines.
A million employers claim £15bn in subsidies.
Scams were ‘so convincing they were hard to spot’.
One in six mortgage borrowers take up ‘payment holidays’.
State pension boost is still available under lockdown restrictions.
Rules edge closer to kicking in from April 2021.
£14bn paid out in first two weeks of bounce-back loans.
More than £6bn paid out in the first six days.
MPs contemplate further two-year delay.
Reimbursing employee costs waived for 2020/21.
14 May 20
GDP slumps 5.8% in March, and 2% in Q1 2020.
Business groups praise the Chancellor for listening to concerns.
New guides for eight different lines of work.
Plans to ease restrictions “need more detail”.
Bank of England predicts biggest annual decline on record.
Small businesses and B2B firms could be ready sooner.
Income support scheme opens ahead of schedule.
Scheme plugs gap in government support.
Direct debits should be cancelled before 7 May.
Average homeowner frees up £755 a month.
Seeking a Time to Pay Agreement
Loans of between £125k and £5m available next month.
All firms turning over more £45m can apply.
Job retention scheme will be open until 30 June.
Self-isolation puts strain on 183-year-old rule.
More businesses claiming staff pay through Government scheme.
Those on payroll before 19 March are eligible.
Payments to be made in early June.
Sunak vows “charities have not been forgotten”.
Job retention scheme open to those in contract.
Details on how to apply for emergency measures.
The Government announced changes to insolvency laws at a press conference on Saturday, 28 March 2020, in response to the COVID-19 outbreak.
There seems to be a lot of confusion out there in terms of how the banks are supporting SME’s funding requests during the COVID-19 crisis, and in particular the Coronavirus Business Interruption Loan Scheme (CBILS).
Late last night H.M. Revenue and Customs published detailed guidance on the Job Retention Scheme. Here we will try to answer many of the common questions that we have received over the last few days.
Since we last provided an update just over 24 hours ago, there have been some significant developments on the support available to help both individuals and businesses.
Here we have detailed all the COVID-19 support available to small businesses.
HMRC are supporting businesses through these unprecedented circumstances by deferring Valued Added Tax (VAT) payments for 3 months.
A leading tax expert today welcomed the decision to delay complicated tax changes that will affect thousands of contractors in the private sector.
As we are amidst a global pandemic and the spread of the coronavirus has reached unchartered territories, we would like to share with you our plans in place, enabling us to provide an uninterrupted service.
