COVID-19 Knowledgebase

As we approach the point when businesses may no longer be obliged to have employees working from home if possible, many will be considering the ways they intend to use offices and workplaces in future.

The annual UK inflation rate more than doubled in April to 1.5%, up from 0.7% in March, but statisticians are warning not to use this as an indicator of the health of the economy.

Last month, UK consumer spending rose above pre-pandemic levels for the first time this year as businesses reopened and holiday bookings increased, according to payments card data.

As we pass the anniversary of the first lockdown many of us will be reflecting on a year like no other. 

A new growth accelerator has been put in place to support manufacturing, engineering and logistics businesses in and around Boston, Grimsby and Scunthorpe.

As restrictions continue to ease and businesses return to more normal trading, the Budget may have passed many by. 

On the 26 March the Government announced a support package for the self-employed, including members of partnerships in the UK that have lost income due to coronavirus.  

From March to October each year, the Lincolnshire coast comes alive for the official holiday season.

Updated 09.03.2021: In his Budget last week, the chancellor announced that the Coronavirus Job Retention Scheme will be extended until September 2021.

Under the Prime Minister’s indicative timeframe, the final lockdown restrictions should be lifted on or after Monday, 21 June.

A report that we have co-authored has revealed the impact that COVID-19 has had on school finances.

The government has announced a programme under the Plan for Jobs initiative to support young people getting into the workplace and building the skills they will need. 

Businesses that are forced to close as a result of COVID-19 restrictions may be entitled to additional government support. Assistance is also available for businesses that can remain open but have been adversely affected by the pandemic.

Businesses in England that are required to close due to local or national restrictions could be eligible for grant funding based on the rateable value of their properties.

A variety of funds have been created to help businesses throughout the pandemic as well as the Bank of England vowing to buy short term debt from large companies.

The COVID-19 crisis has impacted many areas of society, and for the UK government it has resulted in huge levels of spending to support businesses and individuals. 

In early June, HM Revenue & Customs (HMRC) announced that firms that failed to cancel their direct debit in time and payment was taken may be eligible for a refund.  

In his Budget last week, the chancellor announced that the Coronavirus Job Retention Scheme will be extended until September 2021

England will enter a second period of lockdown to combat the spread of COVID-19 coronavirus on Thursday, 5 November through to Wednesday, 2 December 2020.

It was the news that every business owner was dreading, but now a second UK-wide lockdown is upon us, forcing a wide range of businesses to shut until December.

The Job Support Scheme (JSS) was announced as a replacement for the Coronavirus Job Retention Scheme (CJRS) and was due to begin on 1 November for a period of six months.

As part of their Winter Economy Plan, the government recently announced the launch of their enhanced Time to Pay service.

Open businesses which are experiencing considerable difficulty will be given extra help to retain employees as government significantly increases contribution to wage costs under the Job Support Scheme and business contributions drop to 5%.

With the UK reeling from one of the biggest economic shocks as a result of the pandemic, and with waves of the virus expected to last through the winter, businesses across the country need to rapidly adapt their practices and procedures to suit the current situation.

As uncertainty around COVID-19 continues and the colder months draw in, the next six months will be a very difficult time for businesses and their workers across Lincolnshire. Fortunately, more government support has been announced, with major changes set to begin almost immediately.

To support businesses most affected by the COVID-19 crisis, the government announced a temporary adjustment to VAT rates.

We offer a range of business support services to businesses and individuals across the East Midlands, supporting clients in Lincolnshire, Nottinghamshire, Leicestershire and Rutland.

In response to COVID-19, new changes have been announced for the Quality and Outcomes Framework (QOF). GPs across the UK must now implement these updates to reflect the impact of coronavirus on the health service.

On Thursday 24 September, Chancellor Rishi Sunak delivered a statement outlining further measures to support businesses and workers for the next six months.

72% of owner managed businesses say they’re confident they can retain their furloughed workers once government funding ends, according to a survey conducted by the Association of Practicing Accountants (APA).