Monthly Archives: May 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 to follow HMRC’s guidelines to be effective. To be effective…
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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 ID you received when you registered for PAYE Online. If…
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Coronavirus: NI Micro-business Hardship Fund

The NI Executive have recently released details of the £40,000,000 NI Micro-business Hardship Fund.  This fund is designed to help small businesses with one to nine employees, who have previously been unable to access government help,  through the coronavirus crisis. 

This video recording sets out the qualification criteria and the application process.

If you think you may qualify, please follow this link where you can check your eligibility and begin the application process NI Business Info Coronavirus NI Mcro-business Hardship Fund  

If you need any additional help please contact us on 028 3831 6111. 

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 fast-track the development of innovations borne out of the coronavirus…
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