Back to Work

Nigel Holland Firms are being told by ministers on how to get people back to work in the coming days and weeks amid growing concerns over the growing economic impact of the lockdown.   "Businesses should start planning to return to work, follow Government guidelines...

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Sharpest recession on record.

Nigel Holland The Bank of England has warned that the UK economy is heading towards its sharpest recession on record. "This is going to be a major recession we have to plan for it. There is going to be lots of uncertainty moving forward. It will be a while before it...

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End of Furlough

Nigel Holland The position at present From: HM Revenue & Customs Contents Who can claimEmployees you can claim forAgreeing to furlough employeesWhen your employees are on furloughBefore you claimContacting HMRC If you’ve already worked out how much you can claim,...

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Self Employed Help

Nigel Holland Self-employed invited to get ready to make their claims for coronavirus (COVID-19) support Government help for self employed HMRC will begin contacting customers who may be eligible for the government’s Self-Employment Income Support Scheme (SEISS). From...

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Bounce Back Loans

What is the Bounce Back Loan Scheme?  Nigel Holland The Bounce Back Loan Scheme is designed to help small and medium-sized businesses affected by the crisis, with the Treasury pledging to deliver the funds within days.  The scheme is now live and Holland & Co...

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Financial Assistance

Nigel Holland Government assistance update Contents Paying your employeesPaying sick payPaying taxBusiness rates reliefBusiness support grant fundsSupport for the self-employedSupport for small and medium-sized businessesSupport for large businesses A full range of...

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Update on HMRC Webinars

Nigel Holland Help and support if your business is affected by coronavirus (COVID-19) Watch videos and register for the free webinars to learn more about the support available to help you deal with the economic impacts of coronavirus.Published 31 March 2020Last...

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Small businesses boosted by bounce back loans

Nigel Holland New 100% government backed loan scheme for small businessPublished 27 April 2020From:HM Treasury businesses will be able to borrow between £2,000 and £50,000 and access the cash within daysloans will be interest free for the first 12 months, and...

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Letter from HMRC regarding Job Retention scheme

Nigel Holland Dear customer, Wages for furloughed employees are now being paid through the Coronavirus Job Retention Scheme, just six working days after claims opened.Payments for claims made on Monday 20 April will be in employers’ bank accounts by tomorrow (28‌‌...

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Filing with Companies House

Nigel Holland Coronavirus: if your company cannot file accounts with Companies House on time If Coronavirus (COVID-19) has affected your company and you need more time to file your accounts, you should act before your filing deadline. All companies must send their...

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