Government urged to provide clarity for SMEs as restrictions are removed

(2 minutes to read)

FSB: ‘While we all want this moment to be irreversible, there is a potential for a challenging winter and so this summer needs to be a season of strong, safe trading.’

The arrival of Freedom Day and the Covid-19 rules being lifted will give SMEs the hope they’ve been waiting for after so many restrictions and forced closures.

However, with everything having reopened on Monday, small businesses want more clarity on the guidance that will replace the legal rules.

Federation of Small Businesses (FSB) National Chair, Mike Cherry, commented, “Reopening on the 19th July will come as a huge relief especially to those who have been closed or restricted during most of the pandemic, including those in the nightlife sector as well as events and hospitality.  We’ve waited a long time for this moment, and we need to see the economy restart and rebound as soon as possible. There is no greater way to support businesses than a strong economic recovery.

“But small businesses want to see the new guidance being proposed by the government, to replace the legal rules, and the proposed ideas for voluntary certification and mask use in crowded indoor settings. While we all want this moment to be irreversible, there is a potential for a challenging winter and so this summer needs to be a season of strong, safe trading. So many businesses have craved this since the start of this crisis and the stop-start restrictions.

“We want all small businesses and their customers to feel safe in how they shop and operate, and this includes allowing small businesses the space to make the right decisions about their premises.  We cannot allow removing legal guidance to create a free for all, with any voluntary guidance ignored, which is why it is vital that clarity around the new state of play is given immediately.”

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Cherry continued, “The cost of this pandemic has been colossal. The economic burden small businesses have shouldered has been unparalleled in modern economic history.

“We are moving into a new phase of managing Covid-19 but there remain very strict rules in place around self-isolation and international travel which will have a severe impact on many businesses, with potentially hundreds of thousands unable to carry out their day-to-day work and firms struggling to operate at all. The government should investigate whether there is scope to safely ease isolation requirements sooner than planned for those who are fully vaccinated.

“Firms are now facing the prospect of repaying loans and VAT deferrals, all while support is beginning to be withdrawn. We are still waiting for the Government to deliver promised rates support to suppliers, alongside £1bn of restart and additional restriction grants that should have reached firms months ago via councils.

“We are on the verge of a strong and successful recovery this summer, but if we are to prevent further anguish as the year unfolds, action must be taken swiftly to support the small businesses that are the backbone of this economy.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

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Why Dolan Accountancy?

Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. With over 25 years experience in the contracting marketing, Dolan Accountancy has the heritage, reputation and credibility you can trust. Working closely with our sister company, Contractor Umbrella, it means we can offer one low cost, fixed fee package at £95 + VAT per month. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost. We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours.
  • Free use of Contractor Umbrella – With changes in Public Sector IR35 Legislation we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, Contractor Umbrella.
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams.
  • Free Access to FreeAgent – The founder behind the multi award winning FreeAgent platform was one of Simon’s first clients, therefore it only seems fitting that we offer all of our clients access to FreeAgent, free of charge.
  • Free Business Banking – We have decided to waive our commission so our clients can use Tide free of charge for the first year.
  • Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status.
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative.
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few.
  • Same day payments- We offer same day payments as standard providing funds are received into our account by 9am, for no additional fee.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

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