Month: June 2020

Latest Lockdown and Social Distancing Easing….

On Tuesday, 23rd June, Boris Johnson announced a further easing of the Lockdown and social distancing regulations. These will enable many more small businesses to reopen, and for life in England to get closer to what we’re used to. REOPENING BUSINESSES The key date for many businesses is the 4th July, assuming progress with reducing […]

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Do you have a plan to record your customers’ details?

This week brought the announcement both of the loosening of Lockdown restrictions and that many more businesses can reopen from 4th July. There is however one key feature of the guidance that hasn’t been made very clear in the media. The guidance around reopening (in England) includes a requirement for ALL businesses to keep a […]

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Your VAT Direct Debit…

As part of the Treasury’s Coronavirus support for businesses, it was possible to defer VAT payments due between 20th March and the 30th June. There were some points to consider: There was no need to warn HMRC that you weren’t able to pay your VAT. The Return had to be submitted as due. Any deferred […]

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Self Employed Income Support Scheme Extension

It has already been announced that the Self Employed Income Support Scheme has been extended and that a second claim can be made in August. When HMRC issued updated guidance around the new Flexible Furlough scheme on Friday 12th June, they also confirmed the following for the Self Employed Income Support Scheme: The second and […]

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New Furlough Scheme Guidance published by HMRC

Last Friday (12th June) HMRC published the new Furlough Scheme guidance that will support the amendments that are coming to the Coronavirus Job Retention Scheme from 1st July. The changes to the scheme had been announced previously, but the detail was missing. The guidance now includes: Changes to the scheme and the key dates to […]

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Job Retention Scheme claim corrections and risks…

Since the launch of the Coronavirus Job Retention Scheme claim corrections have been one of the biggest concerns for employers. Knowing that it’s extremely likely that HMRC will want to review claims at some point in the future, the pressure has been immense to ensure 100% accuracy on claims. Correcting Claim Errors On 5th June […]

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

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