by MAS | Feb 10, 2021 | Coronavirus, Covid grants, Covid-19, Financial news, Self employed
Businesses that took out government-backed Bounce Back Loans to get through Covid-19 will now have greater flexibility to repay their loans, the government has announced. Pay as You Grow offers the option to tailor payments according to your circumstances. Options...
by MAS | Jan 18, 2021 | Business advice, Coronavirus, Covid grants, Covid-19, Financial news
For businesses in Rochdale The Government have released details regarding the recently announced one-off grants. The Tier 4 Localised Restrictions Support Grant is for businesses who were forced to close on Thursday, 31 December 2020. This is primarily non-essential...
by MAS | Jan 11, 2021 | Business advice, Coronavirus, Covid furlough schemes, Covid grants, Covid-19, Financial news, HMRC
The online portal for applying for the third grant opened on 30 November. Although some changes to the rules have been made, the government has resisted calls to widen the scope of SEISS. It is well known that many groups are excluded from making a claim; the newly...
by MAS | Jan 7, 2021 | Coronavirus, Covid grants, Covid-19, Financial news, HMRC
Prime Minister Boris Johnson last night announced a third national lockdown for England. As a result, yesterday, Chancellor Rishi Sunak announced £4bn funding for businesses in the retail, hospitality and leisure sectors, which will be closed until at least February...
by MAS | Dec 15, 2020 | Business advice, Coronavirus, Covid furlough schemes, Covid grants, Covid-19, Financial news, PAYE
New penalties for overclaimed CJRS, SEISS and “Eat Out to Help Out” grants HMRC have announced that they will be imposing penalties of up to 100% of the amounts overclaimed on businesses so make sure that your claims are correct.
by MAS | Dec 12, 2020 | Business advice, Coronavirus, Covid furlough schemes, Covid grants, Covid-19, Financial news, HMRC, PAYE
We now have further details of the operation of the extension of CJRS “furlough” that will apply from 1 November 2020 through to the end of March 2021. The government support will initially be at the rate of 80% of an employee’s reference pay for hours they are...
