COVID-19 Business Support Hub

We are here to support you during the ongoing coronavirus pandemic.

Please read the articles below for our latest updates.

New legislation introduced to protect redundancy pay of furloughed workers

The Government has announced that from 31 July 2020 any furloughed worker that is made redundant will receive a payment …

Government confirms Job Retention Bonus of £1,000

During the Summer Economic Update, the Chancellor Rishi Sunak announced his Plan for Jobs, which included a new incentive for …

Upcoming key dates for the Coronavirus Job Retention Scheme

In the next few weeks, employers may need to submit additional information or change the way they manage their Coronavirus …

Paying for COVID-19: Government begins exploring tax take back

The Chancellor, Rishi Sunak, has commissioned the Office of Tax Simplification (OTS) to undertake a review into how Capital Gains …

Government confirms the next steps for the digitisation of taxation

The Treasury has released new details on the next steps it intends to take as part of its long-term tax …

Government publishes detailed guidance on SDLT holiday

During his Plan for Jobs announcement, the Chancellor Rishi Sunak announced a temporary eight-month cut in Stamp Duty Land Tax …

HM Revenue & Customs confirms first arrest in connection with furlough fraud

HM Revenue & Customs (HMRC) has revealed that a 57-year-old man from Solihull in the West Midlands was arrested on …

Reminder: Deferral of second payment on account

Those facing financial difficulty as a result of COVID-19 are being reminded that they can defer their second 2019/20 self-assessment …

HM Revenue & Customs updates Self-Employment Income Support Scheme guidance

Ahead of the second round of funding for the Self-Employment Income Support Scheme (SEISS) opening for applications on 17 August, …

Coronavirus apprenticeships guidance updated

Updated guidance from the Department for Education on apprenticeships during the Coronavirus crisis has been published and contains a number …

Download our updated Coronavirus Support grids

Following the Chancellor’s Summer Economic Update on Wednesday 8 July, we have comprehensively updated our Coronavirus Support Grid and our …

Seven tips to get start-ups off the ground

Out of the doom and gloom of the pandemic, new businesses are sprouting up – many built around successful concepts …

Government confirms Coronavirus tax concessions in amended Finance Bill

The Finance Bill 2020 has now reached the report stage in Parliament. In response to the impact that COVID-19 has …

Future Fund expanded to more businesses

The Government has announced that the Future Fund – the support scheme for early-stage, high-growth firms – will be expanded …

Research finds lack of knowledge, information and skills are key barriers to Making Tax Digital compliance

A report commissioned by HM Revenue & Customs (HMRC) to find out why 16 per cent of businesses have failed …

New corporate insolvency rules come into effect

A range of new corporate insolvency rules have come into effect after the Corporate Insolvency and Governance Act 2020 (the …

£84 billion of R&D tax credits unclaimed – Could you be eligible for a share of this funding?

Innovative businesses, both large and small, are hungry for funding to assist them as they emerge from lockdown and begin …

HMRC offers clarity on usual hours calculation for flexible furlough

After some confusion regarding how flexible furlough should be calculated, HM Revenue & Customs (HMRC) has offered new guidance to …

Coronavirus grants to businesses, employers and individuals are taxable

We are reminding businesses, employers, employees and self-employed individuals that grants from the various Government schemes to provide support during …

Guidance published on repaying Coronavirus Job Retention Scheme overpayments

HM Revenue & Customs (HMRC) has published new guidance detailing how employers can repay Coronavirus Job Retention Scheme (CJRS) grants …

Key dates for Coronavirus support schemes

With numerous Government schemes open to businesses and individuals to help deal with the impact of the Coronavirus outbreak, there …

Download our Coronavirus support for business timeline

Since the beginning of the Coronavirus outbreak in the UK, the Government has announced numerous schemes to support employers and …

HM Revenue & Customs publishes detailed guidance on calculating furlough claims from July onwards

HM Revenue & Customs has published detailed guidance on the operation of the Coronavirus Job Retention Scheme (CJRS) from 1 …

Further clarification issued on eligibility for second round of Self-Employment Income Support Scheme

HM Revenue & Customs (HMRC) has issued further details of eligibility for the second round of the Self-Employment Income Support …

Government delays VAT Reverse Charge

The Government has announced that the controversial VAT Reverse Charge rules for the construction sector will be delayed until 1 …

VAT deferral refund available

Taxpayers that wished to defer VAT payments, but did not cancel their Direct Debits in time can claim a refund, …

Trade Credit Insurance backed by £10 billion guarantee

The Government will provide up to £10 billion of guarantees to Trade Credit Insurance schemes for business-to-business transactions. The spending …

Guidance on exceptional circumstances for higher rate SDLT refunds updated

HM Revenue & Customs (HMRC) guidance that sets out the exceptional circumstances allowing homeowners to claim higher rate Stamp Duty …

Whistleblowers make almost 2,000 allegations of furlough fraud

Figures show that almost 2,000 allegations of furlough fraud have been made by whistleblowers against employers, with HM Revenue & …

Employees returning from parental leave continue to be eligible for furlough scheme

Employees returning from statutory maternity and paternity leave in the next few months will remain eligible for furlough through the …

Chancellor unveils changes to furlough scheme

The Chancellor, Rishi Sunak, has announced a series of changes to the Coronavirus Job Retention Scheme (CJRS) from July that …

Self-Employment Income Support Scheme (SEISS) extended

The Chancellor has confirmed the extension of the Self-Employment Income Support Scheme (SEISS), with the announcement of a second and …

What happens if my employees have to self-isolate following contact tracing?

Following the launch of the Government’s contact tracing system, employers should be prepared for the possibility of multiple employees being …

COVID-19 – An assessment of safe working arrangements

As a result of the Coronavirus pandemic, businesses must assess how their work environment and arrangements can be made safe …

Changes to notifying an option to tax (VAT) on land and buildings during the Coronavirus pandemic

HM Revenue & Customs (HMRC) has made temporary changes to the time limit and rules for notifying an option to …

Money laundering supervision payment deferrals and deregistration announced by HM Revenue & Customs

Businesses that require money laundering supervision from HM Revenue & Customs (HMRC) can receive a six-month payment deferral or deregistration …

Tax treatment of expenses and benefits during COVID-19

The Government has updated its guidance on taxable expenses and benefits when they are paid to employees during the Coronavirus …

Maximum Government-backed loan amount for larger businesses increased to £200 million

The Government has announced an increase in the maximum amount that larger businesses can borrow under the Coronavirus Large Business …

Coronavirus Statutory Sick Pay Rebate Scheme set to open for claims

The Coronavirus Statutory Sick Pay Rebate Scheme (CSSPRS), announced by the Chancellor at the Budget, is set to open for …

Coronavirus Future Fund opens to applications

The Future Fund, which offers convertible loans of between £125,000 and £5 million to innovative companies facing financial difficulties as …

The Importance of Empathy in Driving Sustainable Growth Webinar

MGI Worldwide with CPAAI launch the new Star Speaker Series of Webinars with customer-experience expert Ian Golding talking about ‘The …

“Covid Secure” practical workplace guidance for employers

The Covid Secure guidance published by the Department for Business, Energy & Industrial Strategy (DBEIS), covers workplaces that can re-open …

Coronavirus Job Retention Scheme (CJRS) extended until October

The Chancellor, Rishi Sunak, has confirmed that the Coronavirus Job Retention Scheme (CJRS) will be extended until the end of …

Government reduces the penalty for Lifetime ISA withdrawals

With thousands of workers on lower incomes as a result of the coronavirus pandemic, it is not surprising that many …

Eligibility for grant funding

By now many businesses eligible for grant funding from their local authority, either via the Small Business Grants Fund or …

Get ready to claim the Self-Employment Income Support Scheme (SEISS)

HM Revenue & Customs (HMRC) will start contacting individuals who may be eligible for the Self-Employment Income Support Scheme (SEISS). …

Bounce Back Loan scheme is now live – apply today

The Government’s new Bounce Back Loan scheme (BBLS) has now gone live online and is open for applications. This new …

Charities encouraged to claim gift aid on cancelled event tickets

Charities are being encouraged to claim gift aid for events cancelled due to coronavirus following new guidance from HM Revenue …

Deferring your VAT payment

Find out more about deferring your VAT payments here.

Bounce Back Loans scheme for small businesses

The Chancellor has announced a new loans measure, known as the Bounce Back Loans Scheme (BBLS), which will allow small …

Businesses bombarded by cyber-attacks as they seek support for COVID-19

A range of organisations, including the Institute of Chartered Accountants in England and Wales (ICAEW), have released fresh warnings about …

Child Benefit and the High-Income Child Benefit Charge during the coronavirus outbreak

The impact of the coronavirus outbreak on incomes in the most affected sectors has the potential to have a knock-on …

Coronavirus Statutory Sick Pay Rebate Scheme

HMRevenue &Customs (HMRC) is expected to release a new online service to help companies reclaim Statutory Sick Pay (SSP) that …

Coronavirus Customs Authorisations

In response to the COVID-19 outbreak, the Government is making temporary changes to customs policy and authorisations. These amendments to …

Are you or your team classed as essential workers?

Book your free coronavirus test online For the Government to begin the process of lifting the lockdown they need to …

Payment of dividends during the Coronavirus outbreak

It is common for directors of limited companies, who are also shareholders, to receive much of their income in the …

Certain sectors see access to the Coronavirus Job Retention Scheme restricted

Some sectors that receive payments from the Government as well as from private sources have seen their access to the …

Government launches Business Support Finder tool

With an increasing array of Coronavirus business support measures available to different types and sizes of business, the Government has …

Government announces Future Fund for fast-growing businesses

The Government has announced a new scheme to help businesses with the impact of Coronavirus. The Future Fund is aimed …

Administering the Coronavirus Job Retention Scheme

We appreciate that you are probably hard at work making the necessary arrangements and sourcing the required information for the …

Are you eligible for the Self-Employment Income Support Scheme (SEISS)?

Find out if you are eligible and how to obtain the taxable grant worth 80 per cent of your taxable …

I’m a director of a small company – what support is open to me during the Coronavirus outbreak?

If you are a director of a company where you are the sole employee, navigating the support available to help …

How total income and trading profits will be calculated for the Self-Employed Income Support Scheme

You can claim for the Self-employment Income Support Scheme (SEISS) if you’re a self-employed individual or a member of a …

Expanded Coronavirus Large Business Interruption Loan Scheme (CLBILS) launched

Following an announcement by Chancellor, the Coronavirus Large Business Interruption Loan Scheme (CLBILS) launched on Monday 20 April 2020 and, …

Coronavirus Job Retention Scheme extended to end of June

The Chancellor, Rishi Sunak, has announced a further extension to the Coronavirus Job Retention Scheme (CJRS), which will see employers …

Government SEISS guidance updated

To help people that are eligible for the Self-Employed Income Support Scheme (SEISS) the Government has updated its guidance to …

Statutory Residence Test changed to allow skilled workers from around the world to assist the UK’s Coronavirus response

The Chancellor, Rishi Sunak, has written to the Treasury Select Committee, to inform it that the Statutory Residence Test (SRT) …

Coronavirus Job Retention Scheme online portal launches

The Coronavirus Job Retention Scheme (CJRS) online application portal went live at 8am on Monday 20 April 2020. The CJRS …

Coronavirus Job Retention Scheme (CJRS) cut-off date extended to 19 March 2020

The Government has announced that the cut-off date for the Coronavirus Job Retention Scheme (CJRS) has been extended from 28 …

OBR warns that the UK economy may contract by more than a third before bouncing back by end of 2020

The Office for Budget Responsibility (OBR) has released a new report which suggests that the UK economy may shrink by …

Detailed guidance published on the Self-Employed Income Support Scheme

HM Revenue & Customs (HMRC) has published detailed guidance on the working of the Self-Employed Income Support Scheme (SEISS), which …

Four new Coronavirus Business Interruption Loan Scheme (CBILS) lenders announced

The Government’s British Business Bank, which oversees the Coronavirus Business Interruption Loan Scheme (CBILS), has confirmed the addition of four …

CGT reporting of property sales to be given more time

It was announced that from the start of April all Capital Gains Tax (CGT) from residential property sales would have …

Accounting for grant payments

Thousands of business hope to make use of the various grant payments being made available by the Government and local …

Easter Weekend updates to the Coronavirus Job Retention Scheme

Over the Easter Weekend, the Government published a further update to its guidance on the operation of the Coronavirus Job …

Government pledges £750 million to charities

The Chancellor, Rishi Sunak, has announced a package of funding worth £750 million to help the country’s charities, many of …

Coronavirus Job Retention Scheme – Portal opens Monday 20 April 2020

HM Revenue & Customs (HMRC) has confirmed that the online portal for applications to the Coronavirus Job Retention Scheme (CJRS) …

New SORP charity guidance

The body responsible for SORP (Statement of Recommended Practice) has issued new guidance to charities to help them manage their …

Personal loans, credit cards and overdrafts

The Financial Conduct Authority (FCA) is fast-tracking new measures that will force banks to freeze loans and credit card payments …

Latest amendments to the Coronavirus Job Retention Scheme announced

The Government has made several amendments to the Coronavirus Job Retention Scheme (CJRS), which was first announced by Chancellor, Rishi …

The Coronavirus Large Business Interruption Loan Scheme (CLBILS)

The Government has announced a further scheme to support businesses through the Coronavirus crisis. The Coronavirus Large Business Interruption Loan …

Revised Coronavirus Business Interruption Loan Scheme (CBILS)

The Government has announced significant revisions to the Coronavirus Business Interruption Loan Scheme (CBILS) that come into effect from Monday …

Newly appointed staff members will not benefit from the Coronavirus Job Retention Scheme

Thousands of employees who have started a new job after the 28 February 2020 will not be able to benefit …

Government confirms that furlough rules do not leave employers at risk of breaching minimum wage rules

The Government has confirmed in its guidance for the operation of the Coronavirus Job Retention Scheme (CJRS) that employers will …

Government updates guidance on small business and retail sector grant schemes

The Government has published new guidance for local authorities on the small business and retail sector grant schemes. These are …

Take care – Coronavirus fraud on the rise

The Government has issued fresh warnings to members of the public and businesses about the potential for fraud related to …

What expenses are taxable when working from home?

If any of your employees are working from home due to Coronavirus because your workplace has closed or you are …

The Coronavirus Jobs Retention Scheme and employers’ National Insurance and Pension contributions

Much of the coverage of the Coronavirus Jobs Retention Scheme (CJRS) has focused on the Government’s commitment to cover the …

Soft-landing period for MTD for VAT extended to April 2021

HM Revenue & Customs (HMRC) has announced that the second phase of Making Tax Digital for VAT will now be …

Suspension of director liability for wrongful trading

The Government has announced important changes to UK insolvency law that suspends director liability for wrongful trading. Seeking to provide …

Holiday rules relaxed to allow annual leave to be carried over to next two years

The Government has announced that existing rules around annual leave will be relaxed to allow workers who have not used …

Coronavirus support for people working through their own limited company

If you work through your own limited company, you will no doubt have been disappointed to discover that the measures …

Commercial Rent Deferrals

To support UK businesses, the Government has confirmed that commercial tenants that are unable to pay their rent due to …

Working from home

With the Government recommending that people work from home where possible, many businesses will have had employees working from home …

Personal Finances

The ongoing COVID-19 pandemic is having a significant impact on all aspect of individual’s lives, not least their personal finances.  …

Tax and Companies House Deferrals

As part of its measures to reduce the economic impact of the Coronavirus crisis, the Government has announced deferrals to …

Coronavirus Self Employed Income Support Scheme (SEISS)

Following the announcement that businesses will be reimbursed by HM Revenue & Customs (HMRC) for 80 per cent of the …

Employment

Many businesses will be struggling with a variety of issues due to the impact of the Coronavirus outbreak, but a …

Business rates relief extended

Two significant elements of the measures announced by the Government to ease the financial impact of the Coronavirus crisis have …

Coronavirus Business Interruption Loan Scheme (CBILS)

Small to medium-sized businesses in the UK are now able to apply for finance via the Coronavirus Business Interruption Loan …

Preparations Checklist

To help you plan through this pandemic, we have put together a checklist to help you mitigate some of the …

Coronavirus Job Retention Scheme Guidance Published

HM Revenue & Customs (HMRC) has now published detailed guidance for operation of the Coronavirus Job Retention Scheme, which is …

Coronavirus Self Employed Income Support Scheme (SEISS)

Following the announcement that businesses will be reimbursed by HM Revenue & Customs (HMRC) for 80 per cent of the …

Coronavirus – Guidance for the charity sector

Charities across the UK will be facing many of the same challenges as regular businesses, as well as additional complications …

Applying for a Coronavirus Business Interruption Loan Scheme (CBILS)

Small to medium-sized businesses in the UK are now able to apply for finance via the Coronavirus Business Interruption Loan …

Businesses urged to apply for Companies House filing extension before deadline

Businesses affected by the COVID-19 pandemic are being urged to request a Companies House filing extension before the deadline. Companies …

Deferring VAT – HMRC confirms businesses should cancel VAT direct debits

Following the Government’s announcement that businesses will be able to defer VAT payments for the period from April – June, …

Accessing the Coronavirus Job Retention Scheme

With substantial restrictions for everyone on the circumstances in which we can leave our homes, and many businesses being forced …

Here to support you through difficult times

Clearly, this is an extremely worrying time for everyone, but we wanted to assure you that we are here for …

Government support help with the economic impact of Coronavirus – Here’s what businesses need to know

In recent days, a whole raft of business support measures have been announced by the Government, designed to help business owners …

Payroll professionals confirmed as key workers

Our team are here and ready to support you Payroll is a vitally important function within a business and never …

COVID-19: Summary of the Chancellor’s announcement on 20th March 2020

A number of  business support measures were announced by the Chancellor.   However, whilst we await clarity on how exactly these …

Midgley Snelling Here to Help – Essential business preparations for COVID-19

The UK is seeing an unprecedented amount of disruption due to the current coronavirus outbreak and in response the Chancellor …

Coronavirus Precautions

We are committed to containing and delaying the spread of Coronavirus in the UK and so are considering steps to …