by MAS | Apr 22, 2020 | Business advice, Coronavirus, Covid-19, Financial news
The Financial Conduct Authority (FCA) has announced a package of measures covering motor finance and high cost credit agreements to directly support consumers facing payment difficulties due to coronavirus The move will cover car financing such as personal contract...
by MAS | Apr 21, 2020 | Business advice, Coronavirus, Covid-19, Financial news, HMRC, PAYE
A little update with regard to the furlough scheme – some details that were clarified yesterday. Employees must be furloughed for minimum of 3 weeks and so the claim period has to be for a minimum of 3 weeks; Employees can be furloughed multiple times by the...
by MAS | Apr 20, 2020 | Coronavirus, Covid-19, Financial news, HMRC, PAYE
The online service for Coronavirus Job Retention Scheme has opened. HMRC commented that 67,000 claims were made in the first 30 minutes with no reported problems and that the system is designed to handle 450,000 claims per hour. If you are furloughing employees and...
by MAS | Apr 18, 2020 | Business advice, Coronavirus, Covid-19, Financial news
Having spoken with lots of you recently, we know many of you are going to or may be left with no option than to apply for CBILS funding. Lenders will prioritise those customers who provide all the required information. The following is what you will be required to...
by MAS | Apr 17, 2020 | Business advice, Coronavirus, Covid-19, Financial news, HMRC, Self Assessment
Here is some information we think may be useful: Job Retention Scheme The government pay scheme for workers who have downed tools but remain employed has been extended. The wage subsidy would be available for another month until the end of June. The chancellor said...
