It is unlikely that our businesses will be unaffected by the inevitable slow-down in economic activity as the Coronavirus outbreak starts to bite. Maintaining a strict control over your personal and business cash-flow is going to be a key decider in surviving this process. A major expenditure item is taxation whether that be VAT, PAYE/NIC, […]

The government will increase the Business Rates retail discount to 100% for one year, expand it to the leisure and hospitality sectors and increase the rates discount for qualifying pubs to £5,000. Taken together with existing small business rate relief (which provides full relief for businesses using a single property with a rateable value of […]

Employers have been rightly worried about the cost of funding Statutory Sick Pay (SSP) for employees that are self-isolating or suffering from the COVID-19 virus. Especially as SSP is now due on day one of absences. The Chancellor has now confirmed that he will create a means for employers to recover any SSP paid for […]

The long-awaited statement from the Chancellor, Rishi Sunak regarding the Self Employed Income Support Scheme for COVID-19 was announced on Friday 27 March. The Chancellor said that the scheme will benefit some 95% of people whose main income source is derived from self-employment. A list of the scheme features as announced, and published, are as […]

Here’s an update on changes at Jones Harris and how the office will be operating over the next few weeks. We will let you keep you updated if any of this alters. The majority of Jones Harris staff are now working from home because of the escalating coronavirus pandemic. Tax Manager Rachel Haines (pictured) and […]

The Chancellor, Rishi Sunak, has outlined the latest measures to support SMEs and the UK’s ailing businesses affected by the COVID-19 outbreak. The list that follows summarises his announcements, in the order they were announced: The Latest Measures to Support SMEs Loans and Liquidity The Treasury are making available £330bn of loan guarantees. These guarantees […]

As a firm, Jones Harris is acutely aware that our clients are very worried about the impact of this crisis on their businesses. One of the things you’ll want to know is whether you have business insurance cover for coronavirus. Business Insurance Cover for Coronavirus Businesses should check whether they are covered with their insurance […]