Bounce Back Loans explained
Bounce Back Loans for businesses facing difficulty due to the Covid-19 pandemic have one important criteria to meet. If you do not meet these tests, you will be unlikely to qualify. Our founder Tony McNally looks at one of the tests and offers his take on it. The...
Homeworking flat-rate allowance increases
Homeworking is pretty much the norm for most workers at the moment due to the coronavirus pandemic. But even before the outbreak, around 4 million people were working from home in some form, according to the ONS. HMRC is increasing the maximum flat-rate tax allowance...
Coronavirus Job Retention Scheme and other updates
The government has announced changes to the Coronavirus Job Retention Scheme helping businesses struggling during the lockdown. Previously, business owners could only claim for cash for furloughing workers who were employed on or before 28th February 2020. But in an...