The Good Work Plan 2020

The Good Work Plan 2020

Significant employment law reforms took place on 6 April 2020, which will have a huge impact for many SME’s under the Good Work Plan 2020. Contracts of Employment Post 6th of April 2020 all new starter employees have a day one right to a contract of employment. Previously you had 8 weeks to provide a […]

Business support finder tool

Business support finder tool

The government have created a new ‘support finder’ which will help businesses and self-employed find out what financial support is available to you during the coronavirus pandemic. It will take under 1 minute to complete and will signpost you to the relevant loans, grants or other schemes you could be eligible for. The department for […]

Coronavirus Business Interruption Loan Scheme (CBILS) Updated 22/04

Coronavirus Business Interruption Loan Scheme (CBILS) Updated 22/04

The Coronavirus Business Interruption Loan Scheme is open for applications. It supports a wide range of business finance products, including term loans, overdrafts, invoice finance and asset finance facilities and can provide facilities of up to £5m for smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions to their […]

HMRC update guidance for self-employed

HMRC update guidance for self-employed

HMRC have updated their guidance around the Self-employed Income support Scheme. The updates include: 1. Detail of the treatment of losses, averaging and multiple trades 2. Clarifications on the calculation of self-employed profits and what is meant by total income 3. Confirmation that individuals are able to continue working, including taking on employment role 4. […]