Author: Sophie Lewis
Government announces new £20 million funding to help SMEs
Simon Clarke MP: “Businesses will be able to use these new grants to pay for the expertise, equipment and technology they need to adapt, recover and rebuild’.
Self-employed struggling financially can defer payment on account until 2021
This option to defer is on top of additional support for the self-employed through £7.8 billion in grants paid through the SEISS.
SME concern as PM eases restrictions
FSB: ‘Many will be feeling hopeful following the Prime Minister’s intervention. But others will worry that the government is reducing its direction on the unlocking process, in contrast to how it managed the lockdown’.
Employers warned that plans must be reviewed before rushing back to the office
With the current pandemic changing the new ‘normal’ within the workplace, employers ‘are at a pivotal stage in defining the future of work’, according to Guidant Global.
Many Brits are feeling anxious about returning to work
Britain is facing a mental health crisis with Covid-19 causing a lot of stress and anxiety – particularly as people prepare to start returning to the workplace.
Self-employed warned that Covid-19 grant is taxable
Grants made to the self-employed and partners in trading businesses under the SEISS scheme are likely to be included in claimants’ 2020/21 self-assessment tax returns
New government code provides support to shops and local firms
The suspension of the forfeiture of evictions will come as a relief in particular to pubs, cafes and restaurants after the hospitality sector called upon the government for action in this area.
Many contractors are still missing out on financial help despite SEISS lifeline
IPSE: ‘The numbers benefitting from SEISS are a far cry from the 95% of freelancers the Chancellor initially promised. There are 5 million self-employed people in the UK, but of these only up to 3.4 million are eligible.’