So HM government has published the value of support they have given to UK Businesses. Bounce Back Loans £46.53bn CBILS £23.28bn CLBILS £5.3bn CCFF £104bn With the Bank of England forecasting that 60% of BBL’s are likely to go toxic that means £27.92bn is never likely to be repaid. If only the Chancellor had used
Emjay Associates are pleased to announce that we have joined up with B1G1 to make a difference in the world and to work towards the Unitied Nations 17 Global Goals. Every time our clients work with us we make an impact around the world #B1G1
As you are aware HM Treasury/ Government have put in place financial support for employees and Self Employed. Director shareholders are not being treated as fairly as Self Employed in so much any payments made as dividends are being excluded from the calculation if the director is furloughed. Also, unlike the self-employed the director cannot
During the World War 2 Blitz in Britain 32,000 civilians were killed, the blitz lasted 8 months 5 days. In the UK since 28 February Covid-19 has killed 18,738 up to 23 April (56 days). One US institute has forecast the total deaths in the UK could be in the region of 37,494. PH England are
If you are earning most of your income from Self-employment then you could be entitled to a taxable grant, HMRC will be contacting you direct to verify your elegibility to make a claim. This is unlikely to be until middle to end of June.
We are aware that the local councils have started to contact those that are likley to be entitled to a grant, if you have not heard from them by end of next week we would suggest you make contact with them, you will need your account refernce from your last Rates demand.
Some of you may have spotted that recent change to the rules over carrying forward annual leave, it is still unclear if this relates to those employees “Furloughed” more information can be found here https://www.gov.uk/government/news/rules-on-carrying-over-annual-leave-to-be-relaxed-to-support-key-industries-during-covid-19
Latest information available How monthly earnings are calculated If they’ve been employed (or engaged by an employment business in the case of agency workers) for a full year, employers will claim for the higher of either: The amount you earned in the same month last year An average of your monthly earnings from the last
I just signed the petition “UK Parliament: Small Ltd Company Directors to get Government support like the Employed and Self Employed” and wanted to see if you could help by adding your name. Our goal is to reach 150,000 signatures and we need more support. You can read more and sign the petition here: http://chng.it/zLPpnc64ZM
The Chancellor announced a VAT payments deferral on 20 March to support businesses with cash flow during the COVID-19 pandemic.This means that all businesses with a UK VAT registration have the option to defer VAT payments due between 20 March and 30 June.You therefore have until 31 March 2021 to pay any VAT deferred as