The Chancellor, Rishi Sunak, announced the following changes to the Self-Employed Income Support (SEISS) and Coronavirus Job Retention Schemes (CJRS) at the close of business last week. SEISS changes In response to lobbying by interested business groups this scheme has been extended for a final…
Year: 2020
Waiving salaries or dividends
HMRC advice for people choosing to give up their income to support their business or donate to charity during the coronavirus (COVID-19) pandemic has been published. Business owners who have decided to give-up their rights to receive dividends, salary or bonuses from their companies need…
Coronavirus - Business update 27 May 2020
This week, the formal process to claim back certain Statutory Sick Pay (SSP) payments is launched. From 26 May 2020, employers can register their claim using a new online process. Making a claim To use the online service, you will need the Government Gateway user…
Cash boost for new business start-ups
Innovative businesses and start-ups are set to benefit from a £40 million government investment to drive forward new technological advances. It was announced 20 May 2020, that government is doubling investment in the Fast Start Competition with an additional £20 million. The competition aims to…