Rishi Sunak has announced measures to help expedite finances to stricken businesses in the form of the Coronavirus Bounce Back Loan Scheme. Read below to find out the key points.
Read MoreCoronavirus – Comprehensive Summary of Help For Self-Employed
Rishi Sunak, the Chancellor of the Exchequer, has this evening announced a comprehensive support package for self-employed workers.
As widely anticipated, the Coronavirus Self-Employment Income Support scheme will provide self-employed workers with a vital lifeline to support themselves and their families through the ongoing COVID-19 pandemic.
Read MoreCoronavirus Job Retention Scheme
Last Friday, The Chancellor announced a scheme designed to protect the jobs of potentially millions of workers whose jobs may be at risk due to the economic crash caused by Covid-19. Keep reading to find out more.
Read MoreCoronavirus Business Interruption Loan Scheme – Next Steps To Take
The Government’s scheme designed to support SME’s during the Coronavirus outbreak is starting to take shape, with it expected to launch early next week.
Read MoreHow The Government Are Supporting Businesses Through The Coronavirus Outbreak
Statutory sick pay recovery for SMEs
- HMRC will reimburse up to 2 weeks’ of SSP per employee who has been off due to COVID-19
- Employers need to keep records of staff leave but won’t require a Doctor’s fit note to claim
- The legislation is set to be passed in the coming days and eligibility will start from the day after the legislation is approved
- HMRC will work with employers to figure the repayment method so this may take some time