Furlough Letters Guidance

PLEASE NOTE: THIS IS AN EXAMPLE ONLY AND SHOULD NOT BE RELIED UPON UNTIL YOU HAVE CONFIRMED CONTENTS WITH YOUR LAWYERS AND / OR HR SPECIALISTS Please also see Knights PLC interpretations. FURLOUGH LETTERS An employee furlough refers to a temporary leave or modification of normal working hours for a specific amount of time. It’s […]

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What can you be doing this week?

While access to most of this support is not yet immediately available there are things you can be doing in the meantime to plan ahead and understand what you need Basic cash inflow/outflow estimate for next 3 months (6 months ideally); both personal and business (keep them separate). We have some templates for this we […]

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What about limited companies and directors?

Many of our clients are in this position; they run a limited company, act as a director and pay themselves a small salary topped up by dividends. This presents a problem…. As far as we can see, these businesses and individuals do not come under the self-employed scheme above (unless they also have an unincorporated […]

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Covid-19 Financial Support Update – 23rd March 2020

Support for the self employed? There is currently nothing specific to support the self employed (apart from changes to Universal credit and other tax credits) as nearly all the measures announced relate to employers and employees. The self employed make up around 15% of the workforce and the Government are under pressure to do more […]

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Coronavirus: Update on Support available for Businesses

Following further announcements on Monday this week from the Government, we have sifted through these and provide you with a summary of the latest developments for business and support available. We expect this will evolve further in the coming days/weeks. Financial Support Business interruption loan scheme – we are told this will be available from […]

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Coronavirus: Managing your business through unprecedented times

Whilst we have had lots of advice about how to protect ourselves from the virus we thought it would be worth providing some advice about how to tackle business continuity issues arising from coronavirus. Please do contact any of us if you need advice or want to talk through concerns/options. This update will cover; employees, […]

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State Benefits Increased

Many State Benefits have been frozen, or increases limited, for a number of years. The Government have however decided to increase many State Benefits from 2020/21 including Child Benefit. The amount payable in respect of the oldest child has been increased to £21.05 and £13.95 for each subsequent child. Note however that you may have […]

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