by Emma Hooper The Coronavirus Job Retention Scheme went live yesterday, with over 140,000 businesses applying for the support within 24 hours. The scheme is available for businesses that, as a result of Covid-19, cannot maintain their current workforce and would be forced to make employees redundant as a result. These employees need to be … Continue reading Coronavirus Job Retention Scheme Portal – it’s Live!
By Emma Hooper The Government has announced a temporary change to VAT payments as a way to help businesses manage cash flow during this difficult time. Any VAT liabilities becoming due between 20 March 2020 and 30 June 2020 can now be deferred, with payment needing to be settled on or before 31 March 2021. … Continue reading Coronavirus: deferral of tax payments
by Lydia Westmore The outbreak of Coronavirus will inevitably impact all of our businesses. In the short term, the current situation is likely to have a significant impact on cash flow, with loss of revenues and productivity. Government support for impacted businesses is coming, but careful management of your short-term cash flow is essential for … Continue reading Coronavirus: Managing your cash flow