Jun 2 2020 Summary of the latest updates on COVID-19 support measures Categories: COVID-19EQ News To help provide guidance on what assistance is available and the recent changes to existing support measures, we have consolidated the latest updates and information that have been announced since our last summary on 11 May. As always, we are here to offer our support so please get in touch if you require assistance. Grant Support Coronavirus Statutory more
Jun 1 2020 Updates to the Coronavirus Job Retention Scheme and the Self-Employment Income Support Scheme Categories: COVID-19EQ News On Friday 29 May, the chancellor, Rishi Sunak, announced further details about the extension of the Coronavirus Job Retention Scheme (CJRS) and the Self-Employment Income Support Scheme, we’ve outlined these below for you. Coronavirus Job Retention Scheme There were three main changes to the scheme which begin from the end of June. Part time furloughing more
May 27 2020 How we’ve been supporting our healthcare clients Categories: COVID-19Healthcare Over recent weeks we have been assisting a number of our healthcare clients with applications for various loans and grant funding made available to give businesses financial support during the current crisis. One such form of support from the Scottish Government is the Pivotal Enterprise Resilience Fund (PERF), which provides grants to SMEs who are more
May 26 2020 The Coronavirus Statutory Sick Pay Rebate Scheme is now live Categories: COVID-19EQ AccountingPayroll The Coronavirus Statutory Sick Pay Rebate Scheme, which repays employers the Statutory Sick Pay (SSP) paid to current or former employees who have been off sick as a result of COVID-19, is now live on the Gov website. You are eligible to use the scheme as an employer if: you’re claiming for an employee who’s eligible more
May 15 2020 Small Business Grant Scheme to provide support for charities Categories: CharitiesCOVID-19 The Scottish Government has announced that they are extending the Small Business Grant Scheme to eligible charities who occupy rateable properties and meet the specific criteria. This will allow charities to apply for grants of up to £10,000 for properties which are in receipt of any Charitable Rates Relief or Sports Relief, but are otherwise more
May 14 2020 Pivotal Enterprise Resilience Fund re-opened for short period Categories: COVID-19 To help meet existing demand, the Pivotal Enterprise Resilience Fund (PERF) was doubled from £45m to £90m last week by the Scottish Government. The fund has reopened for applications on Thursday 14 May but due to the expected high volume of applicants, it is likely that full capacity will be reached quickly with the anticipated more
May 13 2020 Improving cashflow for the construction sector – corporation and income tax Categories: COVID-19Property & ConstructionTaxation As the COVID-19 pandemic continues, the inability to work on site is having a massive cashflow implication for all businesses in the construction sector. While many staff and sub-contractors are in self-isolation and mounting invoices start to become overdue, it may be prudent to revise your tax position as a means to reduce your current more
May 13 2020 Financial support available for dentists Categories: COVID-19Healthcare We are in unprecedented times at the moment, with lots of industries facing financial struggle and uncertainty. As well as the general financial support offered by the government for businesses and the self-employed, such as the Coronavirus Job Retention Scheme, CBILS, Bounce Back Loan scheme and Time to Pay service, specific financial support measures have more