Coronavirus; Help for the Self-employed

3 minutes to read The government’s much-anticipated help for the self-employed was announced on Thursday 26 March by Chancellor, Rishi Sunak. The ‘Self-employment Income Support Scheme’ (SEISS) broadly mirrors the Job Retention Scheme (JRS) previously announced for employees on PAYE, although the eligibility criteria are a little more restrictive. The help available HMRC will pay self-employed individuals who have …

Budget 2020 Comment

2 minutes to read Following Chancellor Rishi Sunak’s Budget announcement yesterday, we’ve highlighted the key changes that will impact on small and medium businesses and their owners. For SMEs (meaning businesses with 250 or fewer staff), the cost of Statutory Sick Pay will be refunded in full for 14 days if employees are off work because of coronavirus. Meanwhile, …