Month: March 2020

Coronavirus – Update for Directors

The guidance for the Coronavirus Job Retention Scheme was published last Thursday. (Link and following content updated 6th April 2020 for guidance issued 4th April 2020.) That guidance does not expressly exclude Directors from being furloughed, and we’ve been trying to get clarification of the position. The specific line in question states ‘to be eligible for […]

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Coronavirus – Self Employed Income Support Scheme announced

Chancellor Rishi Sunak has just announced the long awaited Self Employed Income Support Scheme as part of the daily Coronavirus briefing. This will apply to 15.3% of the workforce. This will be a taxable grant, calculated at 80% of the average monthly profits shown on your tax returns for the last three years, up to £2,500 […]

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Coronavirus – Today’s updates – Grants, Loans, VAT & more

BUSINESS SUPPORT GRANT FUNDING GUIDANCE The Guidance around the Business grants has been launchd, enabling Local Authorities to start the implementation. You can find that guidance here. These grants should be issued automatically, without the need for businesses to claim. We will obviously be keeping an eye on this, but at the moment have no […]

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Companies House announces 3 month accounts filing deadline extension

Companies House has announced a 3 month accounts filing deadline extension to help companies avoid late filing penalties in the wake of Coronavirus. Businesses that are dealing with the impact of Coronavirus are being granted an extension to the filing deadline from today, 25th March. How will this work? Companies will need to apply for […]

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Coronavirus – pick up the phone! ☎️

As you can imagine, we’re having lots of conversations with Businesses owners who are being affected by social distancing, and now the lock down of the UK. Most businesses have had to close their doors. Cash flow has dropped like a stone and they are rightfully worried. In an earlier post, I talked about the […]

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Rebound Logo - an stylised image of the Coronavirus molecule, with a banner around it saying 'Rebound'

Visit our Rebound Resources page for free tools & guidance to help your business Rebound after Lockdown

CORONAVIRUS UPDATE: Please view our Coronavirus page for the latest news