Posts Tagged: government

Get back on your bike!

Find out about the Government’s new “Fix Your Bike” initiative, which aims to get the country cycling!     What is it? The Government is handing out thousands of £50 vouchers for people to get their bikes fixed. The hope is that this will boost the retail sector and get cash flowing again, as well… Read more »

Golden Arches Deal

Find out how the Governments Eat Out to Help Out scheme can save you money on your next meal out.   What is it? This is the new Government scheme where you can get a 50% discount between Monday and Wednesday each week. These discounts are capped at £10 per person each time. However, there… Read more »

Amnesty for Furlough Breaches

Find out about the Government’s amnesty for Furlough rule breakers.     What are the furlough rules? If an employee is furloughed then they cannot undertake remunerative work for the employer. This means that they cannot do any work for that employer, or a company linked to that employer. However, they can take part in… Read more »

Tax relief on pension contributions

Following HMRC’s victory in court they could reclaim millions of pounds in tax.   What contributions are there? If you are a UK taxpayer you can get tax relief on pension contributions of up to 100% of you earnings, or £40,000 whichever is lower. This means that some money that would otherwise go the tax… Read more »

Self-Employment Grant Two

Find out about the next Self-employment Support Grant.     What Is It? The Chancellor has announced a second grant for eligible self-employed people affected by Coronavirus. This will cover the period from June to August. The Chancellor also announced that this will be the LAST grant the government will give to people. Of the… Read more »

Some workers may be better off thanks to furlough

Find out how employees could be better off thanks to the Government’s furlough scheme.     What is furlough? The Government’s furlough scheme allows companies to retain staff through the Coronavirus, whist the government pays up to 80% of the employee’s wages.   How can employees be better off? During the period of furlough the… Read more »

What Cash Help are you Entitled to?

Use this tool to see what cash help you are entitled to.     What help is there? The Government introduced the Small Business Grants Fund and the Retail, Leisure & Hospitality Grants Fund Since launch over £7 Billion in grants has been paid out to small businesses. The grants are between £10,000 and £25,000… Read more »

Coronavirus Business Interruption Loan Scheme

  The scheme is now open for applications. All major banks are offering this scheme. The scheme is delivered through commercial lenders, backed by the Government-owned British Business Bank. The CBILS guarantee is to the lender and not the business. Under this scheme, the Government provides the Lender a guarantee for 80% of the loan…. Read more »

Coronavirus Job Retention Scheme

Coronavirus Job Retention Scheme   On Friday the Chancellor announced the Coronavirus Job Retention Scheme (CJRS). Although the Government has yet to announce all the details, there is still some useful information that we already know.   What does furlough mean? To be eligible for the scheme the employee must be furloughed. Furlough leave has… Read more »