When we awake to the new year we will no longer be in transition; we will be out of the EU
Planning a new business?
If you are starting to give serious consideration to setting up your own business one of the issues you will need to consider is the type of business structure that best fits your planned business activity.
Have you over-claimed for COVID related support grants?
Readers who may have inadvertently over-claimed grants, the furlough scheme for example, should remedy the situation before HMRC start pro-actively investigating claims.
New measures to sort late payers
New proposals have been outlined by government to ensure small businesses in the UK are paid on time.
The new Winter Economy Plan
A new 6-month scheme starting from 1 November 2020.
The new Job Support Scheme
After much head scratching at the Treasury, the son of the furlough scheme has been unveiled.
E-commerce eases COVID disruption
Online sales soared by 800% for London-based start-up, OLLY’S, after losing 40% of its monthly revenue overnight due to the Coronavirus pandemic. The following was reported on the GOV.UK website recently: Founded in his parents’ kitchen three years ago, a love of olives inspired Olly Hiscocks to create the world’s first unpasteurised olive snack pouch. […]
Redundancy pay
If you are faced with making employees redundant, the terms that determine the amount payable may be written into your staff contracts of employment. Otherwise, employees will normally be entitled to statutory redundancy pay if they have been working with you for two years or more. Entitlement is usually based on: half a week’s pay […]
4 of the biggest lessons learned from Covid-19
History tells us that even after a significant time of disruption, as a human race we tend to very quickly go back to normal. Lockdown has gone on so long though that there’s a good chance some new business habits will stick.