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Why choose HGH?

Coronavirus

Life After Lockdown: Cash Flow Planning for the Future

Posted: 20th May 2020 by Clair Watmore HGH's News

Date: Wednesday 3rd June 2020 Time: 11.00am (approx. 30/45 mins) Location: Zoom (joining details will be sent following registration) In the wake of the COVID-19 pandemic, many businesses have been understandably focused on stabilising cash-flow. As restrictions start to be eased, businesses will begin to look to the future and plan for recovery. For this reason, we… Read more

Businesses need longer-term support to survive release of lockdown

Posted: 13th May 2020 by Clair Watmore Blog

Mark Grewer of Hunter Gee Holroyd based in York, is calling on the Chancellor to consider a further overhaul of the CBILS scheme, or to supplement this with other grants to support the working capital needs of the country’s SMEs as he announces that the furlough scheme is to be gradually withdrawn. He explains: “As… Read more

Easing of the Lockdown for Businesses

Posted: 11th May 2020 by Clair Watmore Blog

Following the Prime Minister’s address to the nation yesterday evening (Sun 10th May, transcript here) we have received many messages asking our opinion on what that means for their business. We believe that the following must be possible before a business is ready to re-open: 1. If your staff can work from home, they must continue to do… Read more

Self-employment Income Support Scheme (SEISS)

Posted: 7th May 2020 by Clair Watmore Blog

The scheme the Chancellor has announced is expected to cover around 95% of current self-employed business people, but there are a number of self-employed who will not be covered. Who can claim You can claim if you’re a self-employed individual or a member of a partnership and: you traded in the tax year 2018 to… Read more

New Bounce Back Loan Scheme Launched

Posted: 28th Apr 2020 by Clair Watmore Blog

Rishi Sunak announced yesterday details for the new Bounce Back Loan Scheme. Small businesses will benefit from the new fast-track finance scheme, providing loans with a 100% government-backed guarantee for lenders. If you are a small business who struggled to get a CBILS loan then this could be for you. The loans will be easy… Read more

Top 10 tips: employee expenses during coronavirus homeworking

Posted: 27th Apr 2020 by Clair Watmore Blog

If your employees are working from home due to the coronavirus lockdown, there are important tax compliance issues to consider before reimbursing expenses. Our tax team explains what to look out for: 1. Supply of one mobile phone and sim card per employeeThe supply of one mobile phone per employee is non-taxable.  There is no need… Read more

Government launches business support finder tool

Posted: 23rd Apr 2020 by Clair Watmore Blog

The government has launched a new online platform to help businesses and the self employed easily determine what financial support is available to them during the coronavirus pandemic. The coronavirus business support finder tool on gov.uk asks business owners to complete a short online questionnaire, and they will then be directed to a list of… Read more

Furlough Enquiries

Posted: 23rd Apr 2020 by Clair Watmore HGH's News
Payroll

Please note that our Payroll team are currently experiencing a very high volume of enquiries in light of the COVID-19 outbreak and Furlough announcements. If you have an enquiry which relates to furlough and/or payroll, please can we ask that you get in touch with your Client Manager directly, rather than our payroll team. This will ensure that… Read more

Furlough scheme eligiblity date changed to 19 March

Posted: 16th Apr 2020 by Clair Watmore Blog
Payroll

Employees who started new jobs up until 19 March have now been brought into the scope of the Coronavirus Job Retention Scheme and their employers can make a claim for 80% of their wages. The change was revealed in HM Revenue & Customs’ fourth iteration of its furlough scheme guidance, which has been published today (15… Read more

Planning for the Recovery – let’s come out of this stronger

Posted: 9th Apr 2020 by Clair Watmore Blog

Around 8 weeks into the Coronavirus entering the UK and over 2 weeks since the total lockdown was announced by the Government, the shock, grief and anger phases have now started to wear off for most business owners who have been negatively impacted by this crisis.  Businesses are now turning to the fightback, their business’… Read more