The Coronavirus Business Interruption Loan Scheme is now open, the links below, set out the qualifying criteria and application process, as provided by the British Business Bank. We will be happy to help our clients with the application process in any way we can, please contact your Client Manager or Client Partner for more advice.…
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Important VAT Deferral Update – Cancel your DD
Deferred VAT payments - important As you are aware HMRC deferred VAT payments for a 3 month period until 30th June 2020. Although this is an automatic offer with no application required, HMRC published the following advice in relation to this: Customers who normally pay by direct debit should cancel their direct debit with their bank…
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80 percent of your staff wages paid by government?
As one of the additional measures to support businesses affected by the Coronavirus outbreak, Rishi Sunak announced last week that HMRC is to step in and pay up to 80% of furloughed staff wages up to a monthly maximum of £2,500 per employee. Initially, this sounded as if HMRC was going to underwrite 80% of…
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COVID 19 – McCleary & Company New Working Arrangements
As a result of government advice and in order to be responsible, we have been forced into changing the way we work during the crisis. Most of our team will be working from home for the foreseeable future, however, as we have a Hosted Server and an internet-based phone system, we will be able to…
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