Freelance production crew and furloughing
Like many sectors of the UK economy, UK film, TV and production companies have been brought to a standstill. However, given the short-term intermittent nature of the production industry, there are growing concerns that certain production crew may not be able to benefit from the government’s job retention scheme. Under the Coronavirus job retention scheme,…
READ MORECharities seeking emergency funding can strengthen their case by evidencing impact
Like most charities right now, you are probably facing an ever-growing need for your services against diminishing resources. Your immediate concerns are likely to be how to get through the coming weeks, how to survive as an organisation and, of course, how to meet the emergency needs of your beneficiaries on top of their usual…
READ MORECoronavirus business interruption loan scheme
What is CBILS? The Coronavirus business interruption scheme (CBILS) provides financial support to SMEs across the UK that are losing revenue and seeing their cash flow disrupted as a result of the Coronavirus outbreak. The scheme is part of a wider package of government support for UK businesses and employees and is available through the…
READ MORECoronavirus job retention scheme – HMRC portal opens 20 April for payment claims
In the latest guidance released on the job retention scheme, employers are warned that they need to have an HMRC PAYE online services account to make their claims for the grant when the online portal is launched on 20 April 2020. Significant delays are expected for grant claims where organisations are not already registered for…
READ MOREJob retention scheme – implications for Tier 2 sponsors of work permits
After much anticipation, the Home Office released guidance on 27 March covering the “furloughing” of employees working in the UK on a Tier 2 visas. In particular, the (very brief) guidance set out the circumstances where the sponsored individual’s salary can be reduced without causing the sponsoring employer to be in breach of their immigration…
READ MOREAdditional relief available for small businesses
The chancellor has announced a number of relief measures to help small business through this difficult time. Just two of these are the small business rate relief (SBRR) and small business grant fund. Typically, SBRR applies to any UK business with premises with a rateable value of £15,000 or less a year. Businesses with a…
READ MORETen tips to help your charity navigate through these uncertain times
The current Coronavirus pandemic is exceptional. This is not business as usual. With the movement of people suspended and fundraising from events going into freefall, most charities are struggling to respond. Some are seeing a surge in demand for their services, while for others, especially those who are paid by results, the significant drop in…
READ MOREWebinar recording – navigating challenging times with confidence
The challenges of the coronavirus are affecting the entire business world. Ensuring that your business and your people are healthy and robust is the top priority. With new advice and measures being announced daily by the government, businesses need to move quickly to ensure that they are aware of the latest developments. Key concerns for…
READ MORECoronavirus: Directors’ duties and the risk of wrongful trading
This analysis looks at directors’ duties, particularly concerning wrongful trading, in the context of companies facing financial difficulties as a result of Coronavirus. Introduction The impact of Coronavirus is unprecedented and is already creating significant health, social and economic challenges across the world, not least the UK. The UK government has ordered the closure of pubs, restaurants,…
READ MORECampaign: Esther Carder advises businesses on how to survive through the Coronavirus
In these times of adversity, Esther Carder says client contact is key. “Not all of your client base will be affected in the same way,” she says. “Managing clients’ expectations during this time needs better-than-ever communication and client management. If some of your clients are in real trouble, you should consider asking them to pay…
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