IMPORTANT INFORMATION – Covid Self- Employed Income Support Grant Deadline During 2020 there have been many challenges for all; employed, self-employed, partnerships and employers. Fuller Accounting Services has informed clients of the developments and Government Support that was, and is available. Though Fuller Accounting was able to access and claim the Job Retention […]
From 1 September CJRS will pay 70% of usual wages up to a cap of £2,187.50 per month for the hours furloughed employees do not work. Employers will still need to pay furloughed employees 80% of their usual wages for the hours they do not work, up to a cap of £2,500 per month. Employers will […]
If you are self-employed or a member of a partnership you may be eligible to claim a second SEISS Grant Self-employed who were eligible for the first grant and can confirm to HMRC that their business has been adversely affected on or after 14 July 2020, will be able to make a claim for a […]
The Government has announced that the self-employed eligible for the first SEISS Grant will be able to claim a second grant from August. If as self-employed the first grant was not claimed, the second and final grant will be available to claim. The eligibility for both grants is the same and the self-employed business must […]
This week HMRC will start contacting people who may be eligible for the new Self-Employment Income Support Scheme. If eligible, you will need a Government Gateway user ID and password. If eligible, this scheme will allow self-employed or each partner in a partnership to claim a taxable grant worth 80% of their trading profits or […]
GOVERNMENT BACKED BOUNCE BACK LOAN SCHEME FOR SMALL BUSINESSES On the 27th April 2020 the Chancellor announced the implementation of a new Loan Scheme aimed to ease the financial burden on small businesses caused by the Covid-19 pandemic The Bounce Back Loan scheme will benefit small businesses with access to a new fast-track finance scheme […]
Covid-19 Coronavirus Pandemic crisis. The news is full of details about the Corona Virus and measures that the Government has put in place. The self-employed have access to some assistance, and I have listed below what the government has made available to businesses. Residential mortgage providers may also be offering a mortgage payment holiday, and […]