/ Uncategorised

Uncategorised

| |

Self-employed Income Support Scheme (SEISS)

We are drawing closer to the release of the scheme for the self-employed to claim the taxable grant from the government. When you make your claim you will require to have the following information available:•Self-Assessment UTR•National Insurance number•Government Gateway user ID and password – if you do not have a user ID, you can create…

|

New updates have been released by Scottish and UK Government

The Scottish Government has issued an update on support for the self-employed and small businesses, the latest package will be broken into three separate funds totally £100 million. The 3 groups are• Vulnerable SME’s• Newly self employed• Creative, tourism and hospitality enterprises We will be delving into this to see what this means for our…

|

Coronavirus Job Retention Scheme application process

HMRC have now released further details in order to prepare to make a claim through the Coronavirus Job Retention Scheme. This evening HMRC has issued a release which advises on how and when to access the system will go live with some more information about what you will need to have ready before the system…

|

Coronavirus Job Retention Scheme

Employers and Employees. Coronavirus Job Retention Scheme. In the latest releases, HMRC has confirmed that salaried Directors can be furloughed, however, this does not include income paid by way of dividend, this is for salary only. This does though include salaried individuals who are directors of their own Personal Service Company. Directors will still be…

Business Interruption Loan Scheme

Amid the ongoing Cornavirus crisis, the government yesterday unveiled a series of measures to help businesses cope with the almost inevitable disruption this will cause and as part of this month’s budget announcement. One of these was the introduction of  the Coronavirus Business Interruption Loan Scheme (CBILS). This scheme will take the place of the current Enterprise…

|

Coronavirus Business Support Fund

Councils have released online application portals to claim the grant available to help businesses deal with the impact of COVID-19. The Scottish Government has now made available the Coronavirus Business Support Fund which is one of grants available to help protect jobs, prevent business closure, and promote economic recovery. How to Apply? Each council has made a…