In this article we aim to summarise the support the government is offering Businesses, Self-employed and Employees in response to the coronavirus outbreak. Self-employment Income Support Scheme The Self-employment Income Support Scheme (SEISS) will support self-employed individuals (including members of partnerships) whose income has been negatively impacted by COVID-19. The scheme will provide a grant to self-employed […]
Today the Government revealed further £300bn to support the economy to keep it alive throughout the coronavirus outbreak. This extra financial help to the Coronavirus support for businesses and employees announced in the Budget 2020. Any business who needs access to cash to pay their rent, salaries, suppliers or purchase stock will be able to […]
On 11th March 2020 the Chancellor Rishi Sunak delivered government’s budget. In this article we outline some of the most important uptakes in the budget announcement. As part of the budget the government announced measures to help businesses and employees get throughout the coronavirus outbreak (COVID-19). Please see our earlier article here for more information […]
COVID-19 support for businesses and employees This week on March 11 the chancellor announced the budget 2020, and among other things one of the most important announcement was the government’s respond to the businesses and employees directly affected by the Coronavirus (COVID-19). The measures include: Support for individuals The Budget announces measures to support people […]
Qualifying R&D expenditure. In order to qualify for the generous R&D tax reliefs, all projects or start ups must be looking to advance science and technology. There must also be an element of uncertainty which could not have been easily overcome by a competent professional in the relevant field. The R&D project may research or […]