Independent Business Reviews

31.03.20 / Insight posted in Brochures

In the current economic downturn there is an increasing number of businesses experiencing financial difficulties. Lenders now face greater potential of nonpayment of some or all of their outstanding loan book. Our multidisciplinary team of corporate finance and insolvency specialists are able to provide an integrated, practical and deliverable business solution.

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Agencies: managing your cash flow in uncertain times

31.03.20 / Insight posted in Articles, Brochures

Never before has the mantra “cash is king” been so important. In these uncharted waters it is vital to manage your agency’s cash flow closely to ensure your business comes out the other side in good health. At Moore Kingston Smith our team includes directors who have worked in marketing agencies and have hands-on experience…

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Coronavirus job retention scheme and furloughing: the details

27.03.20 / Insight posted in Articles

Further guidance was released on the Coronavirus Job Retention Scheme on 26 March 2020 which clears up a number of uncertainties around the operation of the scheme and furloughing of employees. Read more here.

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Critical support for business owners

26.03.20 / Insight posted in Brochures

In these unprecedented times, business owners are looking closely at the financial position of their businesses. We are already working with many of our clients to assess and implement the options available them. Here we summarise some of the recurring themes emerging from our conversations and key immediate actions you may want to consider. If…

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Coronavirus job retention scheme: What does it mean for businesses and employees?

26.03.20 / Insight posted in Articles

As businesses are ordered to close and employees to stay at home, the government is attempting to protect the wages of those affected with the coronavirus job retention scheme (CJRS). The CJRS offers employers access to up to 80% of wage costs capped at £2,500 per month for each furloughed employee. The scheme aims to…

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Governmental support during Coronavirus – update No. 2

23.03.20 / Insight posted in

After hinting for the last week that the government would make an announcement in relation to employee support, the Chancellor unveiled a further package of measures on 20 March 2020. This note summarises the announcement and key aspects from the guidance and commentary we have seen on this so far.

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Supporting homeworking employees: tax reliefs available to them

20.03.20 / Insight posted in Articles, Brochures

With the announcement that schools will close to most pupils, almost everyone who can work at home will be doing so from 23 March if they are not already. This follows the PM’s call to “stop non-essential contact with others and stop all unnecessary travel”. Setting aside the logistical, technological and data security issues of…

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How employers can avoid redundancies

19.03.20 / Insight posted in Articles, Brochures

In this current climate, employers are opting to preserve employment for their employees and avoid redundancies as far as possible. Companies experiencing a temporary reduction in work and unable to sustain the costs of full-time working for all employees can explore the options of short-time working and lay-offs. Short-time working is when an employee’s hours of work are reduced by a number…

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Governmental support during Coronavirus – update No. 1

18.03.20 / Insight posted in Articles, Brochures

The Chancellor has announced an extension to the package of measures launched in last week’s Budget to support individuals and businesses during Coronavirus. This note focuses on the package of measures targeted at individuals and businesses where they have been extended along with our experience so far of the measures in operation.

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Coronavirus disruption: How this could affect your contractual rights

17.03.20 / Insight posted in

Clearly we are in unprecedented times and a lot of events, activities and parts of normal day to day life will be cancelled due to the Coronavirus. We explore here some of the legal issues which arise from contracts which can’t now be fulfilled.

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