November lockdown – Coronavirus Support Measures
Following the announcement by the Prime Minister on Saturday for a four week lockdown, further support measures have been announced and we will be making some changes to our office…
Blog Posts
Chancellor unveils three-point plan for jobs
On 8 July, Chancellor Rishi Sunak announced a three-point plan to support jobs in the wake of the COVID-19 pandemic when he delivered a Summer Economic Update to Parliament. Mr…
Stamp duty temporarily reduced
Chancellor Rishi Sunak announced a temporary cut in the rate of Stamp Duty Land Tax (SDLT) in order to boost confidence in the flagging housing market in his Summer Economic…
Flexible furloughing starts on job retention scheme
On 1 July, changes to the Coronavirus Job Retention Scheme (CJRS) saw flexible furloughing introduced, so employees will no longer have to be furloughed for a minimum period of three…
Government expands aid for start-ups and innovators
The government has expanded its COVID-19 support for start-ups and innovative companies with the launch of a new fund. On 27 June the government announced the Sustainable Innovation Fund (SIF),…
Bank of England increases stimulus package for UK economy
On 18 June, the Bank of England increased the stock of purchases of UK government bonds by an additional £100 billion to help boost the UK economy following the coronavirus…
FCA confirms further support for consumer credit customers
The Financial Conduct Authority (FCA) has confirmed further support for users of certain consumer credit products if they are experiencing temporary payment difficulties due to the coronavirus pandemic. The measures…
Private sector off-payroll reforms given go ahead for April 2021
The introduction of off-payroll rules to the private sector will go ahead as planned next April after an attempt to delay them failed in the House of Commons. The reforms…
Late payment crisis has worsened during coronavirus lockdown
The Federation of Small Businesses (FSB) has found that the UK’s late payment crisis has worsened during the coronavirus (COVID-19) lockdown. 62% of small businesses have been subject to late…
Summer statement
As the impact of Coronavirus continues to affect the economy, Chancellor Rishi Sunak announced a number of measures in the house of Commons on 8 July 2020 which are summarised…
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