Nov 10 2020 How we’ve been supporting our clients, Sandy Smith Golf Categories: COVID-19Leisure The leisure industry has been heavily impacted by COVID-19, with many having to close their doors during some of their most lucrative months. At EQ, we have worked closely with our clients to provide relevant support and advice to ensure they are able to welcome back their own customers as soon as it is safe more
Nov 6 2020 Government support key for continued games sector jobs boost in Scotland Categories: Technology A recent report from TIGA, the trade association for the games sector in the UK, showed that jobs in the Scottish video games development industry increased by over 16% in the 18 month period to April 2020 – making Scotland the fourth largest games cluster in the UK. Dr Richard Wilson, the chief executive of TIGA, more
Nov 5 2020 Chancellor announces further CJRS extension in his address to the House of Commons Categories: COVID-19 The Chancellor, Rishi Sunak, announced a further extension to the Coronavirus Job Retention Scheme (CJRS) in his address to the House of Commons on 5 November 2020. The Government had extended the CJRS to December earlier in the week but now it has been confirmed that it will remain open until 31 March 2021. Furloughed more
Nov 5 2020 Deadline extended for Government backed loans Categories: COVID-19 Along with the extensions announced for the Coronavirus Job Retention Scheme and the Self Employment Income Support Scheme, the Treasury have also confirmed that they will be extending the deadlines for all government backed loans. These will include the Coronavirus Business Interruption Loan Scheme (CBILS), Coronavirus Large Business Interruption Loan Scheme (CLBILS), the Bounce Back more
Nov 3 2020 Self-Employment Income Support Scheme grant extension Categories: COVID-19 Update: Since this article was published the Chancellor, Rishi Sunak, announced an increase to 80% of average trading profits, up to £7,500 for the grant covering November to January. You can read more here. Further details have been released on the extension of the Self-Employed Income Support Scheme (SEISS) which was mentioned in the Winter more
Nov 2 2020 Coronavirus Job Retention Scheme extended until December Categories: COVID-19EQ AccountingPayroll Update: Since this article was published the Chancellor, Rishi Sunak, announced a further extension to the CJRS until 31 March 2021. You can read more here. The Government announced late on Saturday 31 October 2020 that the Coronavirus Job Retention Scheme (CJRS) will be extended until December. The CJRS extension will be open to employers across the more
Oct 29 2020 Nightclubs and Soft Play Areas to benefit from the COVID-19 Contingency Fund Categories: COVID-19HealthcareLeisure As part of the Scottish Government’s £40m Coronavirus Restriction Fund to support businesses affected by the latest COVID-19 restrictions, there will be a one-off grant offered to nightclubs and soft play centres. The £11m COVID-19 Contingency Fund is the first phase of business grants, offering one-off grants of up to £50,000 for businesses in both sectors who more
Oct 27 2020 Further changes announced for the Job Support Scheme Categories: COVID-19EQ Accounting Chancellor Rishi Sunak announced further changes to the Job Support Scheme (JSS), creating two variations – JSS Open and JSS Closed. Starting on 1 November 2020, and running for 6 months until April 2021, both grants will offer additional support for employees whose working hours may be reduced over the winter months. JSS Open The more