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The Employment Rights Act 1996 (Coronavirus, Calculation of a Week’s Pay) (Amendment) (No. 2) Regulations 2021 will come into force on 30 April 2021. Following the extension of the Coronavirus Job Retention Scheme (CJRS) to 30 September 2021, the reg... Read More

Temporary changes to the rules for reimbursing employees for the purchase of office equipment whilst working from home due to the COVID-19 pandemic were introduced in March 2020.The temporary measure means that employer reimbursements for the cost of... Read More

Step 1 of lockdown easements in England completes on 29 March when the following relaxations will be introduced:Social contactThe evidence shows that it is safer for people to meet outdoors rather than indoors. And this is why from 29 March, when mos... Read More

The Statutory Sick Pay (Coronavirus) (Funding of Employers' Liabilities) (Amendment) Regulations and the Statutory Sick Pay (Coronavirus) (Funding of Employers' Liabilities) (Northern Ireland) (Amendment) Regulations 2021 have been laid before Parlia... Read More

As we reach a year of lockdown, Emma our Head of Marketing discusses her experience of a year of working from home."For the last few years, I’ve mostly been commuting between Norwich and London which meant super early mornings and a 4-hour round trip... Read More

Furlough extended

Posted by: Amy Patterson

During an announcement to Parliament today, 17 December 2020, the Chancellor confirmed the following:An extension of the furlough scheme until the end of April 2021,The date for Budget 2021 has been fixed as 3 March 2021, andBusinesses will have unti... Read More

Winter Economy Plan

Posted by: Amy Patterson

New Support for Businesses and EmployeesToday, 24th September, the Chancellor Rishi Sunak announced the next wave of support for businesses and employees.New Jobs Support SchemeThe Chancellor unveiled his new Coronavirus Jobs Support Scheme (CJSS) wh... Read More

Small firms have borrowed more than £14bn under the scheme since it was launched on 4 May 2020.Businesses can borrow up to 25% of their turnover up to a maximum of £50,000. The loans are interest free for the first twelve months and are underwritten... Read More

The CBILS and BB loans are essential for businesses affected by the Coronavirus pandemic.However, it is important that you don’t inadvertently walk yourself into a problem by not realising the potential consequences of what you do with this money.HM... Read More

The loan must be used in a way which will provide an economic benefit to the business. This could include boosting working capital and improving general cash flow. The loan can be used to pay salaries; however, it cannot be used to increase them, nor... Read More

If you have been turned down for a Bounce Back Loan, or are struggling to apply for one because of who you bank with then there are options still open to you.One of these is to hold on and simply wait until either more lenders are accredited to offer... Read More

When obtaining borrowing for your business you should be clear with yourself what the money will be used for. This will not only ensure that you obtain the right amount of funding, but it will also help you select an appropriate type of funding. Whi... Read More