HMW Blog

The Minister for the Economy has announced details of the Limited Company Director’s Support Scheme, designed to provide financial support to company directors who have personally been adversely impacted by...

If your business deferred some VAT in 2020 due to coronavirus, you might be bracing to pay it back by 31 March 2021. Holiday window. The optional payment holiday window...

The Coronavirus Job Retention Scheme has now been extended for a month. What are the terms of the extension and where does this leave the new Job Support Scheme? Under...

If you have registered your establishment for the Eat Out to Help Out Scheme and offered scheme discounts to diners on Mondays to Wednesdays between 3 and 31 August, you...

The Job Retention Bonus is a one-off payment to employers of £1,000 for every employee who they previously claimed for under the scheme, and who remains continuously employed through to...

The Chancellor announced the introduction of the Job Retention Bonus. This is a one-off payment of £1,000 to employers that have used the Coronavirus Job Retention Scheme (CJRS) for each...

Changes announced by the Chancellor stated that in June and July the furlough scheme will continue as before, but employers will be asked to cover National Insurance and employer pension...

The fund was launched on Friday to assist NI based micro-businesses and social enterprises unable to access the £10,000, £25,000 and Covid-19 Childcare Support grant schemes. The level of the...

We are continuing to provide advice and support on the package of measures set out by the Chancellor to support our clients through this period of disruption. Currently these include:...

The government has rolled out Bounce Back Loans, a digital loan scheme, to support small businesses with their cashflow in the immediate future. Launched on Monday 4 May, the scheme...

Accountants can’t claim SEISS for clients HMRC have announced today that the self-employed cannot ask their accountants to make the claim on their behalf. To make a claim self-employed must...

New Bounce Back Loan for Small Businesses The Chancellor announced a new micro loan scheme, with the aim of providing a simple, quick, easy solution for small businesses and in...

Under the Coronavirus Job Retention Scheme directors who pay themselves salaries and dividends through their own company will receive minimal support from this support initiative. A proportion of these directors...

The £25,000 Retail, Hospitality, Tourism and Leisure Grant has now opened for applications The Department has also published a list of 40 businesses who will be eligible for the grant....

HMRC have provided further guidance on the Coronavirus Job Retention Scheme (“CJRS”) Employer eligibility: A previous condition for the scheme was for an employer to be operating a PAYE payroll...

At long last we have received confirmation from HMRC that the Coronavirus Job Retention Scheme Portal is due to open on Monday 20th April. HMRC will be contacting employers shortly...

The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial support to smaller businesses (SMEs) across the UK that are losing revenue, and seeing their cashflow disrupted, as a result of...

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....

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...

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...