Advice from HMRC re self employed grants
Nigel Holland As Accountants we have received the following advice from HMRC on how clients should make their claim " It is important that self employed businesses, not limited companies, follow the advice below in order to receive the grant they deserve. They must...
Now we have to pay £300 billion
Nigel Holland Estimates of the cost of the Pandemic for the UK are coming in at £300bn. This figure could rise to £500bn. The figures are not known at this stage but is going to be enormous. " The amount of financial support which has been given by the Government is...
Government extends Furlough scheme
Nigel Holland " By extending the scheme there will be further help available for businesses and their employees but the cost will be large."Nigel Holland Chancellor extends furlough scheme until October The government’s Coronavirus Job Retention Scheme will remain...
Letter from HMRC
Nigel Holland "HMRC have written the following open letter to tax payers concerning the job Retention Scheme. It is good to hear about the changes made." Nigel Holland Dear customer, I’m writing to share the latest information about the Coronavirus Job Retention...
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...
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...
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,...
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...
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...
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...
