The Government has announced amendments to certain aspects of insolvency law, designed to protect companies and their directors who have been adversely affected by the coronavirus outbreak to continue trading while they explore options for rescue or to restructure.
We hear from partner, Chris Oxley, who explains how you can plan to help ensure your business is in the best possible position to navigate the coming weeks and months.
In an expected announcement on 29 May, the Chancellor gave details of the second phase of the Coronavirus Job Retention Scheme (CJRS) and the equivalent support for the self-employed.
When we went into lockdown two months ago, the Chancellor made an early announcement that businesses would be able to reclaim Statutory Sick Pay (SSP).
HM Treasury (HMT) has updated its guidance on the Coronavirus Future Fund, which is available from today, 20 May 2020.
The NI Executive has launched a new NI Micro-business Hardship Fund to help Northern Ireland based micro-businesses and social enterprises unable to access other regional and national COVID-19 support measures.
Tax partner, Helen Cowley, provides a brief introduction to the Government’s £1.25 billion support package available throughout the coronavirus pandemic to innovative firms and also looks at the tax relief and credits available for R&D ongoing.
What we know is that the scheme as it stands is being extended until the end of July and after that there will be a kind of half-way house period between 1 August and 31 October, wherein employers will be asked to bear a greater share of employee costs and part-time returns to work for individuals will be permitted.
The Government has published guidance to help employers, employees and the self-employed understand how to work safely during the coronavirus pandemic.
The information and guidance available has now been updated, and in this blog we look at what you will need and how to apply.