From Monday 4 May) HM Revenue and Customs (HMRC) has begin contacting customers who may be eligible for the government’s Self-Employment Income Support Scheme (SEISS). Those who are eligible will be able to claim a taxable grant worth 80% of their average trading profits up to a maximum of £7,500 (equivalent to three months’ profits), paid in a single instalment. HMRC is also inviting customers, or their agents, to go online and check their eligibility for SEISS. In order to receive quick confirmation from the eligibility checker, individuals should: have their Unique Taxpayer Reference (UTR) and their National Insurance Number to hand make sure their details are up-to-date in their Government Gateway account…
Author: sme-admin
A discretionary fund has been set up to accommodate certain small businesses previously outside the scope of the business grant funds scheme. he Business Secretary Alok Sharma and Minister for Regional Growth and Local Government, Simon Clarke spoke to local authorities in England yesterday to set out that up to £617 million would be made available. This is an additional 5% uplift to the £12.33 billion funding previously announced for the Small Business Grants Fund (SBGF) and the Retail, Hospitality and Leisure Grants Fund (RHLGF), so up to £617 million. We will confirm the exact amount for each local authority…
The Government is reporting that Police ranks across England and Wales have been bolstered with an additional 3,005 officers since the government launched a major recruitment drive, according to figures released today (30 April). The figures follow the launch of the government’s campaign in September 2019 to recruit 20,000 extra officers over the next three years. They show 3,005 recruits joined the police specifically as part of the uplift programme. In total, forces recruited 6,435 officers from November 2019 to March 2020, including recruitment planned before the government campaign was announced. Forces across England and Wales have successfully accelerated their…
RED Business Support, originally RED Virtual Office, is a long established family business, providing outsourced Business Support to a wide range of companies, large and small. RED is still operational during this coronavirus lockdown period, though with hugely reduced volumes of work as many of our clients have suspended operations for the duration. We feel for them, their staff and their loved ones when, even with the government’s CJRS providing cover for most of their salaries, there is still hardship to be endured and potential long-term damage to the business. RED’s capacity for support means we always need to have…
137 million working days are lost each year through absence in the UK. 80 million of those days are lost as a result of three solvable problems: Back and other joint pain, Coughs, colds and minor illnesses and Mental health issues. Each day a colleague is absent costs money. Each day a colleague is absent reduces productivity and profit. Harvard Business Review, in a study of 20,000 employees, found that companies which focus on mental, spiritual, physical and emotional wellbeing are 20% more profitable and have 10% higher customer reviews. Keeping in touch v1 from TheSoundDoctor on Vimeo. TeamDoctor has…
MarketFinance unveiled Furlough Advance, based on its invoice finance service, offering an invoice cashflow solution to SMEs waiting for furlough funds from CJRS claims. Despite HMRC’s CJRS claims portal opening last week, with the first claims being paid today (28 April), many SMEs are already in danger of collapsing before they get access to funding. UK SMEs are on the verge of paying out the second round of salaries to the eight million furloughed workers through the Coronavirus Job Retention Scheme (CJRS), and still, only the first few SMEs are on the verge of receiving funds. Fintech business lender MarketFinance…
Who we are and what we achieve is controlled by how we describe ourselves. Ask yourself when did you decide who you are? Do you know what the defining moment was that caused you to describe yourself in those words? We all have conversations that are going on in our head, and sometimes they are so loud we can’t think and other times they so quiet we are not aware of the conversation taking place. This same conversation will determine how you feel and the choices you make. The only thing that is keeping you from getting what you want…
Historically, Easter is the busiest weekend of the year at Cotswold Wildlife Park. In fact, the Park opened to the public on Good Friday, 27th March 1970 and staff were overwhelmed by the huge crowds flooding into the Park that first Easter. Since then, millions of visitors have discovered the beauty and diversity of the natural world at the Burford collection, which was founded by John Heyworth in 1970. This year, it’s a very different story. Despite the Park being temporarily closed to the public, keepers have planned a special Easter treat; not only for the animals, but also for visitors…
As a result of Coronavirus some of the events may be somewhat delayed until later in the year, but businesses across the UK will still have the opportunity to showcase their products and services at the Great British Expo regional shows this year. The longest-running and most significant annual business expo is not to be missed offering networking, phenomenal keynote speakers, industry-leading workshops and general business advice. It is expected to be another sell-out event with over 100 innovative Exhibitors and over 1000 Businesses visiting throughout the day in each location. Expo Features: Internationally Respected Entrepreneurial Keynote Speakers Funding &…
New 100% government backed loan scheme for small business. Small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders, the Chancellor announced today (Monday 27 April). Rishi Sunak said the new Bounce Back Loans scheme, which will provide loans of up to £50,000, would help bolster the existing package of support available to the smallest businesses affected by the coronavirus pandemic. The scheme has been designed to ensure that small firms who need vital cash injections to keep operating can get finance in a matter of days. It comes alongside the…