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Self Employed Income Support Scheme (SEISS)

Posted: 10 July 2020

The Self Employed Income Support Scheme was introduced in May to help self employed individuals and members of partnerships that have been adversely affected by Covid-19.

Burgess Hodgson contacted clients who potentially qualified due to the level of profits in 2018/19 and earlier years. (more…)

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Job Retention Bonus Scheme

Posted: 10 July 2020

The chancellor recently announced the introduction of a Job Retention Bonus Scheme, to provide additional support to businesses who retain employees.

A one-off payment of £1,000 to employers that have used the Coronavirus Job Retention Scheme (CJRS) for each furloughed employee who remains continuously employed until 31 January 2021.

(more…)

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Over a million bounce back loans approved for small businesses

New figures revealed show that the number of Bounce Back loans approved for small firms to help them survive the Coronavirus pandemic has passed one million. Small companies across the country have accessed loans of up to £50,000, providing immediate support for those in need during this pandemic.

For more information you can read the full article here.

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Chancellor’s Plan for Jobs will help Britain bounce back

Following the Chancellor’s announcement, the Government have released the policy document on the Plan for Jobs.

Section 2 details the new schemes announced today, with section 3 detailing previously announced schemes and their costs.

The document can be accessed here.

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FCA Test Case of the Validity of BI Claims Update

Posted: 06 July 2020

The Financial Conduct Authority (FCA) has provided an update on progress on its court action on business interruption (BI) insurance policies.

Click here for more information.

For any queries please email info@burgesshodgson.co.uk

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Sick Pay to End for Shielding

Posted: 26 June 2020

It has been confirmed by Matt Hancock if a worker is not able to work remotely, and social distancing measures have been implemented within their workplace, then vulnerable people who have been ‘shielding’ will be able to return to the office from 1 August 2020 in England. (more…)

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Lockdown Restrictions To Be Eased

Posted: 23 June 2020

A summary of the changes to be introduced from 4 July:

  • 2 metre distancing rule will become “1 metre plus”, one metre at minimum but further distance should be applied where possible.
  • 2 households of any size can meet indoors or outdoors.
  • Pubs, hotels, campsites, cinemas, hairdressers (with visors worn), and much of hospitality sector will reopen with the new provisions.
  • Some sectors still closed where there is more likely close contact, such as: nightclubs, indoor gyms, swimming pools, water parks and bowling alleys.

These changes will only be applicable in England – other nations will have their own rules.

For more information visit: www.bbc.co.uk/news/uk-53152416

There will be a lot of detailed guidance issued later today and over the coming week in respect of the above, and we will continue to update the relevant information and guidance when published. Please email us at info@burgesshodgson.co.uk if you have any questions.

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Coronavirus Job Retention Scheme Update

Posted: 19 June 2020

Download the latest update on the furlough scheme here: CJRS Update

If you have any questions please email info@burgesshodgson.co.uk

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Lockdown Review

Posted 18 June 2020
  • The government’s lockdown review has been changed to be held every 4 weeks, not 3, so instead of today the review will be next Thursday (25th)
  • However, the devolved governments will be sticking with 3 weeks for their reviews.
  • Scotland has announced its review today: There are no changes planned which differ to the English arrangements already in place. Scotland has a more ‘cautious’ approach to lifting the lockdown although they allow a maximum outdoor group meeting of 8, rather than the English limit of 6.
  • Shielding for vulnerable people in England – there was a relaxation at the start of June (people allowed to go outdoors), but there is an announcement due “very soon” amid suggestions that shielding could stop altogether by the end of July – https://www.gponline.com/gps-demand-clarity-amid-reports-shielding-stop-end-july/article/1686717
  • The earliest date of pubs and restaurants in England to open has been announced by the Prime Minister to be 4 July, so significant announcements at the end of next week are expected (after the lockdown review on 25th) in the run up to this, including possible changes to the 2 metre social distancing rule.
  • Finally, the Bank of England has pumped a further £100 billion in to stimulate the economy – https://www.bbc.co.uk/news/uk-53093127
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