HMW Blog -

Coronavirus Small Business Grant Scheme

The Small Business Grant Scheme is being rolled out and a one-off grant of £10,000 is to be paid to small businesses next week to help meet their ongoing costs....

COVID-19 Coronavirus Job Retention Scheme Update

This funding will be open to all employers with a PAYE payroll scheme that was created and started on or before 28 February 2020, including charities. Employers can apply for...

COVID-19 Coronavirus Self Employed Support

The Chancellor has just announced support for the self employed Self employed workers will be able to apply for a taxable grant of 80% of their average monthly profits based...

COVID-19 Coronavirus Job Retention Scheme

Hamilton Morris Waugh are actively trying to obtain, clarify and update you with full details on the workings of the Coronavirus Job Retention Scheme. However it is clear that it...

COVID-19 Update: Rent Protection

The following has been released by the Government: Protection from eviction for commercial tenants Commercial tenants who cannot pay their rent because of COVID-19 will be protected from eviction. These...

The Coronavirus Business Interruption Loan Scheme

THE CORONAVIRUS BUSINESS INTERRUPTION LOAN SCHEME (CBILS) IS NOW AVAILABLE THROUGH PARTICIPATING LENDERS Hamilton Morris Waugh are actively trying to obtain, clarify and update you with full details on the...

80 percent of your staff wages paid by government?

As one of the additional measures to support businesses affected by the Coronavirus outbreak, Rishi Sunak announced last week that HMRC is to step in and pay up to 80%…

COVID-19 BUSINESS SUPPORT UPDATE

On Friday, the Chancellor went significantly further than in the history of this great country, with a series of unprecedented announcements in the Government’s support of businesses, employees and individuals….

COVID-19 Update 21/3/2020

The Chancellor has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-19.

Support and Assistance Available: Covid-19 planning

In relation to support and assistance available to businesses, employers and employees

The Latest Measures to Support Businesses

The Chancellor, Rishi Sunak, outlined a raft of further measures to support the UK’s ailing businesses, those affected by the forbidding COVID-19 outbreak. The list that follows summarises his announcements…

Government support for small businesses if affected by the COVID-19 outbreak

There were a number of reliefs in the recent budget to support small business owners during the present Coronavirus outbreak. We have listed below some of the issues covered in…

Coronavirus contingency plan

You will all be aware of the recent change to the UK Government’s guidance on Covid-19. We have set out below the steps we are taking as a result of...

Government support for individuals if affected by the COVID-19 outbreak

The government has published a number of measures to support individuals during the current Coronavirus outbreak. We have summarised below some of the issues covered in a recent post-budget press…

Spring Budget 11 March 2020

In the face of Brexit uncertainties and the recent Coronavirus outbreak the new Chancellor, Rishi Sunak, was faced with falling economic indicators, the need to boost NHS services and was…

Self-employed v Employed

Many employed persons are drawn to the idea of running their own business. This short article sets out a few of the pros and cons of this change in status….

How will the Chancellor address Coronavirus issues?

Most pundits agree that the growing disruption posed by the Coronavirus outbreak combined with continuing Brexit uncertainty – exactly what will our trading relationship with the EU be from January…

Mis-selling of leasehold interests

The Competition and Marketing Authority has published information recently that points to evidence of potential mis-selling and unfair contract terms in the leasehold housing market. Their press release is reproduced…

Changes in Capital Gains Tax on Residential Property

Dramatic changes to reporting and paying capital gains tax from 6 April 2020 Legislation has been enabled to dramatically bring forward both the reporting of and the payment of capital...

HMRC raises £16 for every £1 it spends

HMRC raises £16 for every £1 it spends on staff carrying out investigations into the #tax affairs of individuals and small businesses. Figures show HMRC collected £4.9bn in extra tax...

30 days or else

We have reported earlier this year that from 6 April 2020, residential property sales that are subject to capital gains tax will need to be reported to HMRC within 30…