COVID 19 – Update 19 March 2020

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 take and make calls as normal. 

  • We have suspended face to face meetings but intend to replace them with online meetings or phone calls, depending on client preference and available technology. 

  • A skeleton staff will continue to be in the office to deal with incoming post and client records, however, we request that you phone ahead if you intend to deliver anything to the office. 

These are unchartered waters for all of us, however, we will be doing our best to help our clients in any way we can.  Please feel free to contact us with any of your worries and we will do our best to help you in any way we can.  

Government Help  

The government, both national and local, have been making daily announcements of measures designed to help business through this crisis, we will be doing our best to keep you informed and help wherever possible and have included some useful links below. 

In summary, the reliefs so far: 

  1. Statutory Sick Pay for Virus related absence will be payable from day 1 and will be reclaimable for businesses with fewer than 250 employees. 

  1. Loans of up to £5,000,000 will be made available to businesses through the British Business Bank, although the application process will be through your current bank. 

  1. A Business Rates Holiday of three monthes will apply to all Northern Ireland Businesses. 

In addition, on the 18 March, grants were announced for certain small businesses 

  • Small businesses with a net asset value up to £15,000 will receive a grant of £10,000. 

  • A grant of £25,000 will go to larger, medium-sized firms in the retail, tourism and hospitality sectors. 

Qualifying businesses for the £25,000 grant must have a rateable value of between £15,000 and £51,000. 

 

Our team continue to work remotely and will be available by phone, video conference and email to help in any way we can. 

Useful Links 

Central Government 

Guidance for employers and businesses on coronavirus (COVID-19) 

COVID-19: support for businesses 

COVID-19: guidance for employees 

Local Government (Northern Ireland) 

Coronavirus: employer and business questions answered 

What support is available for businesses? 

Help available for business rates 

CORONAVIRUS BUSINESS INTERRUPTION LOAN SCHEME (CBILS) 

No Comments Yet.

Leave a comment