Tag

Covid-19

Accounts & Tax

Taxman could claw back up to 10% of furlough cash

Small business owners unaware they have overclaimed could face having to repay 5-10% of furlough claims, warns top accounting firm

Outlook

Retailers call for half of rent backlog to be waived

The Commercial Tenants Association is calling on the government to adopt a different strategy to deal with commercial rent debt

Outlook

Over half of SMEs have already bounced back from the pandemic

The majority of UK SMEs feel positive about recovery from Covid-19, with over half meeting or exceeding pre-pandemic turnover

Management

Is my small business exempt if one of my staff is pinged?

Government announces 16 business sectors where small business workers could be exempt from self-isolation, despite being pinged by the NHS Covid app

Running a Business

Do staff have to self-isolate if they’ve been pinged by the NHS Covid app?

Small businesses are having to close because of staff shortages caused by staff being pinged by the NHS Covid-19 app. Can you ask employees to come to work even if they’ve been pinged?

Employing & managing staff

Do I have to pay staff who are self-isolating?

Do you have to pay employees who are self-isolating full wage because they’ve been pinged by NHS Test and Trace? If so, what help is available?

News

Government ‘should write off’ £1.7bn of Covid loan debt

Thousands of small business shopkeepers face collapse because of soaring debt levels incurred during the pandemic

News

20% of business workers self-isolating due to Covid

One in five small business workers self-isolate having been pinged by NHS test-and-trace app, forcing businesses to shut

Accounts & Tax

The EU VAT e-commerce package: how accounting can help

The EU is expanding the ‘one-stop’ system for reporting and paying VAT across the bloc to include all distance sales of services and intracommunity sale of goods. The updated schemes are together known as the EU VAT E-commerce Package. What does it mean for UK businesses and how can you adapt?

Accounts & Tax

HMRC to go easy on small business strangled with Covid debt

Kwasi Kwarteng, the business secretary, says HMRC will not press businesses to pay overdue tax immediately if they’re struggling with coronavirus-related debt

Government Grants

Sunak ignores small business pleas for more help to get through lockdown

Treasury points to £1bn worth of ad-hoc local authority grants still to be distributed, as pain starts to bite with furlough being wound down and business rates becoming payable

News

Small business calls for support extension to match reopening delay

Small business organisations call for stop to employers helping pay for furlough, forbearance on Covid loans and extending the ban on landlords evicting commercial tenants

Partner content

Can businesses save money on CBILS repayment costs by refinancing for a RLS loan?

Your business could save money on CBILS repayments by refinancing for an RLS loan – Funding Options tells us how

Partner content

What is professional indemnity insurance?

Professional indemnity insurance provides cover if somebody sues your business and they allege that your advice caused financial loss or damaged their brand. It’s not just for accountants and lawyers but for anyone offering a personal service, even web designers

Partner content

What is public liability insurance, and does it cover Covid-19 claims?

Public liability insurance can cover your small business if a third party has an accident or injury. But does public liability insurance cover claims made against your business arising from Covid-19?

Partner content

Business insurance everything you need to know

Every small business may need to be insured at some level. But which policies are must-haves, and which are optional? Edward Murray guides you through the maze