Coronavirus Statutory Sick Pay Rebate Scheme goes live

Jun 08, 2020

On 26 May 2020, HMRC opened up its Statutory Sick Pay (SSP) rebate claim service.

Eligible employers are able to recoup up to two weeks' worth of SSP payments made to employees off work for…

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Loan size increased to £200 million under large business interruption scheme

Jun 08, 2020

Several changes to the CLBILS scheme have taken effect from 26 May. The government has extended the maximum loan size available through the Coronavirus Large Business Interruption Loan Scheme (CLBILS)…

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COVID-19: delay to VAT reverse charge on construction services

Jun 08, 2020

On 5 June 2020, HMRC announced a five-month delay to the introduction of the domestic VAT reverse charge for construction services, due to the impact of the COVID-19 pandemic on the sector.

The…

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Chancellor announces changes to Job Retention Scheme

Jun 08, 2020

Chancellor Rishi Sunak has announced changes to the government's Coronavirus Job Retention Scheme (JRS), which will be slowly wound down between July and October.

The changes mean businesses…

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Future Fund launches to give start-ups coronavirus support

Jun 08, 2020

On 20 May 2020, the government launched its Future Fund package, which aims to support start-up businesses not eligible for other COVID-19 rescue measures.

The Future Fund offers government…

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Lenders relax evidence requirements for business interruption loan scheme applications

May 06, 2020

On 27 April 2020 the UK's seven largest small business lenders announced they had relaxed their evidence requirements for applications to the Coronavirus Business Interruption Loan Scheme (CBILS).

The…

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Job Retention Scheme goes live

May 06, 2020

On 20 April 2020 the government's Coronavirus Job Retention Scheme went live for applications.

The scheme allows businesses to furlough their employees, with the government paying 80% of their…

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HMRC releases guidance for self-employed scheme

May 06, 2020

HMRC has released guidance on the COVID-19 Self-employment Income Support Scheme.

Under the scheme, self-employed individuals will be able to claim a taxable grant based on an average of their…

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Government launches support finding tool for business

May 06, 2020

The UK government launched an online platform to help businesses access financial support during the COVID-19 crisis.

The Coronavirus Business Support Finder Tool will guide businesses through…

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