COVID-19 Business Support Hub

COVID-19 business support for third lockdown

As we head into a national lockdown for a third time from 5 January, businesses need to be prepared with flexible financial management. With so many changes to keep an eye on, business specialist Jack Moore sums up the government schemes available for owners of limited companies and the self-employed, while looking at ways your accountant can help you through tougher restrictions.

Important changes to the Job Retention Scheme

With the Covid vaccination programme beginning to get under way, there appears to be some light at the end of the tunnel for businesses hoping to reopen their doors and return to normality. For the time being, however, the Coronavirus Job Retention Scheme remains in place to help businesses retain staff. Neil Moon, Partner at Page Kirk, goes through the key areas that companies and organisations need to discuss with their accountants over the coming weeks.

Extension to Job Retention Scheme – Future of Furloughing

With the Nation being placed into a second lockdown until December, the original furlough scheme, paying 80% of employee wages is back. Joshua Ruthven, from our Tax department, goes over the latest updates to the Job Retention Scheme.

Coping with Covid: the help available in Tier 3

As Nottingham and Nottinghamshire move into Tier 3 coronavirus restrictions, JACK MOORE – our Cloud Accounting Manager – looks at the support that is available for local businesses.

Lockdown 2: surviving the sequel

As England goes into its second lockdown, MARTIN CULL from our Audit Department looks at the help available to businesses, including an extension to the furlough scheme.

Job Support: how the scheme has evolved

In the fast-moving environment resulting from the spread of Covid-19 and new government control measures, NEIL MOON, Partner at Page Kirk, looks at the expansion of the Job Support Scheme.

Overclaimed on a furlough? You need to let the taxman know

You only have until 20th October to make HMRC aware if you have overclaimed for the Coronavirus Job Retention Scheme grants, reveals Josh Ruthven from Nottingham accountants Page Kirk. It's important to watch out for penalties and take care to avoid them.

UPDATED: VAT changes for hospitality, holiday accommodation and certain attractions: your questions answered

One of the more eye-catching announcements of the Chancellor's recent economic update was a reduction in VAT for sectors particularly hard hit by the COVID-19 crisis. Tax Consultant NICK GILES provides some greater detail and clarity.

Job Retention: get ready for big changes

If you currently have staff who are on furlough, there will be changes in place from 1st October which require you to make more of a contribution to their wages than before. It is important that you have these contributions in place to avoid fines, writes JOSH RUTHVEN.

Loan support for business: the next stages

There's still government help available to support your company through the coronavirus crisis, says RACHAEL COBB, who heads up Page Kirk's Accounts Department.

Further help for the self-employed

Chancellor Rishi Sunak has extended support to the self-employed. ANEES HUSSAIN from our Tax Department explains exactly what you can expect.

From Job Retention to Job Support

As the furlough scheme draws to a close, Chancellor Rishi Sunak has stepped in with new support for struggling companies and their employees. Martin Cull from our audit team takes a look at the plans.

Chancellor announces new measures to support UK economy

Neil Moon, Director of Tax at Page Kirk, takes a closer look at the latest announcements from the government on supporting businesses and protecting jobs.

Seven tips for working from home

Steph Gubas who is based in our accounts department, discusses the best ways of staying focused in the new world of work.

The furlough scheme is changing. Don’t get caught out.

Our Director of Tax Neil Moon looks at the forthcoming changes to the Coronavirus Job Retention Scheme and advises businesses to be prepared.

The mental health impact of working from home

Head of our Accounts Department, Rachael Cobb says that working from home can be tough for many employees.

Four new schemes to boost jobs

As part of the second phase of its response to the COVID-19 crisis, the Government has launched a targeted 'Plan for Jobs'.

Planning on buying a property? Now may be the time.

NICK GILES, Tax Consultant at Page Kirk, provides some detail on the stamp duty changes announced by Rishi Sunak last week.

Working from home – the new normal?

Page Kirk's RACHAEL COBB argues that we may be seeing a fundamental shift in the way people work. Is it time for employers to embrace it?

Leicester lockdown (what it means for Nottingham)

The continued lockdown in Leicester will have an impact on Nottingham's economy, argues chartered accountant OLIVER LUMB.

Understanding the new Job Retention Scheme

The Covid-19 furloughing programme is moving into a new phase, writes Page Kirk's Director of Tax, NEIL MOON. Here's how to make sure everything is done by the book.

Closing of VAT payment holiday window

The government's support over VAT is now coming to an end. MARTIN CULL from our audit department explains how to prepare for the months ahead.

Implications of coronavirus on financial reporting under FRS102

Luke Shacklock from Page Kirk’s audit team looks at how year-end financial statements are impacted by the Covid-19 pandemic.

How to avoid costly furlough mistakes

The government scheme which pays 80% of workers' wages has proved understandably popular in these difficult times. But you must be careful how you fill out the applications, warns Martin Cull from Page Kirk's audit team.

Support for the self-employed goes live

Although there has been a lot of focus on the furlough scheme for employees, the self-employed can now benefit from government support too. NIGEL WOODWARD, our tax specialist, takes a look at the details.

Good news for business as furlough scheme extended

Chancellor Rishi Sunak’s announcement that the Coronavirus Job Retention Scheme is set to be extended into the autumn will come as welcome relief to businesses and organisations hit hard by the Covid-19 emergency. NEIL MOON, Director of Tax at Page Kirk, takes a look at the latest news.

Bounce Back Loan

The government is offering additional cash support to help small businesses. Tom Leigh provides information on the Bounce Back Loan scheme which could help you borrow between £2,000 and £50,000, interest-free for the first 12 months.

Support schemes for company directors

There has previously been a gap in the support available for directors of small businesses. However, in recent weeks this has changed and there is now a significant number of support schemes available. Oliver Lumb goes through the five schemes on offer to company directors.

Help with Coronavirus Job Retention Scheme claim

Are you struggling with your Coronavirus Job Retention Scheme claim? Jack Moore talks through some of the complexities of the government scheme designed to support employers and employees through the COVID-19 crisis.

How can cloud accounting help during the COVID-19 lockdown?

Find out how cloud accounting can be used to maintain productivity and keep your business afloat during these times. Oliver Lumb discusses the advantages of the cloud and outlines some of the super-efficient and easy-to-use features and how they are able to help you manage your business from the comfort of your own home.

COVID-19: Support for landlords managing tenants

The coronavirus is causing financial disruptions for a multitude of businesses and employees. Unfortunately this creates a lot of uncertainty for landlords, many of whom rely on rent payments as a source of income. Tax specialist Nigel Woodward offers some advice and reassurance.

Payroll and Sick Pay (SSP)

Everything you need to know about Statutory Sick Pay relating to the coronavirus.

Page Kirk’s Payroll expert Nicola Cantrill shares her advice on the government’s new rules during the COVID-19 crisis. This blog will outline the necessary records that you will need to submit to HMRC in order to receive support from the government.

Help for the Self-Employed

With incomes for many of the self-employed starting to dry-up up due to the coronavirus, Sonja Dengler from Page Kirk’s audit team outlines the support available during the COVID-19 crisis. This includes information on a variety of grants such as the 80% of trading profits grant (up to £2,500) and how to access them.

Business Interruption Loan

The government has introduced a loan scheme for businesses dealing with cash-flow problems due to coronavirus. James Haywood, who is a manager in our audit department, explains the ins and outs of what’s on offer, as well as the details such as interest and repayment.

Job Retention Scheme

If you have no choice but to lay people off as a result of the coronavirus crisis, you should be able to access support under the government’s new scheme, which will help with paying part of the salary for those employees who would otherwise have lost their jobs. This blog provides help on how to access this scheme and keep your employees during this troubling time.

Deferred VAT and Income Tax

Detailed information on the deferral of VAT and Income Tax from James Haywood in Page Kirk’s audit department. We are on hand to discuss the deferral options available to you and have a look at your forecasts to ensure you are receiving the help you need.