Employers guide to the new Coronavirus Job Support Scheme

Many business leaders welcomed the Chancellor’s recent statement where he spelled out the Government’s latest plans to support the economy through the coronavirus crisis. The headline announcement was a new Job Support Scheme that will follow the closure of the furlough scheme.

Rishi Sunak said that the new scheme would “support only viable jobs”. Some business leaders complained that it would not be enough to prevent widespread job losses, particularly in hard hit industries like hospitality and tourism.
To help employers make the most of the new scheme, we have answered some of your most important questions below.

Five tips for starting a business during the coronavirus pandemic

With health concerns still prevalent and the economy looking shaky, it might not seem like the ideal time to start a new business.
Along with the uncertainty, however, has come lots of new opportunities. And many brave souls have used the outbreak to plan new ventures and have started working for themselves.
Here are five tips to help get your new business off the ground.

Does my business qualify for coronavirus support?

Does my business qualify for coronavirus support?

Disruption caused by the Covid-19 outbreak is causing havoc for businesses up and down the country.

To help them through this difficult time, the government has announced a broad package of support for companies. But the quick-fire announcements have caused some confusion in the business community.

Trade and Talent Top Small Business Brexit Wishlist
Editor | 6 February 2020
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As the UK officially leaves the European Union, small businesses are urging to government to focus on negotiating a trade deal with the EU and securing top talent from abroad.
Research from the Federation of Small Businesses (FSB) shows that the EU is the biggest trading bloc for small businesses that export (62%) and import (55%).

Editor | 21 January 2019
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If you are a NatWest or Royal Bank of Scotland (RBS) small business customer, you can access the FreeAgent cloud accountancy software platform for free.

If you use either of these services, Cloud Accountant can help you get set up on the software for free, with additional support from a team of qualified accountants.

You can also sign up for the software for free on the NatWest or RBS website.

Four ways to save money with an accountant

Your accountant can do more than you think when it comes to saving your small business money.

At a time when many firms might be thinking about tightening the purse strings, we’re sharing four helpful things that your accountant can do to save you money without compromising on performance.

Choosing Making Tax Digital Accounting Software for your Business

Making Tax Digital is a government scheme to digitise business taxation in the UK. It is being rolled out in phases, starting with businesses that pay VAT.

Businesses with a revenue above the VAT threshold must now file VAT returns digitally. And the only way to do this is by using compatible accounting software.

How the Budget will Affect Your Small Business

The latest budget statement contained some important takeaways for small business owners and freelancers.

Understandably given the circumstances, many of the announcements were made in response to the economic threat posed by the COVID 19 outbreak.

We’ve provided a handy summary of the most important announcements below.

Chancellor pushes on with Making Tax Digital

The Chancellor Philip Hammond has confirmed that he will push ahead with Making Tax Digital for VAT reforms in April, despite warnings that many firms are not ready for the change.

In the Chancellor’s written ministerial statement, he said that Making Tax Digital “is an important first step in this modernisation of the tax system to which the government remains committed.”

we reveal five apps that will help you stay on top of your business finances and grow your business.
Editor | 26 February 2018
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On average, people are supposed to check our phones 85 times a day. But we bet that entrepreneurs use their phones an awful lot more than that.
Many entrepreneurs run their lives via their mobile phones, keeping appointments, organising staff and managing tasks - so doesn’t it make sense to manage your business finances there too?
In this blog post, we reveal five apps that will help you stay on top of your business finances and grow your business.

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