Category: Coronavirus Impact On The Global Economy

Second Self-Assessment Payment Deferment

Strengthening the safety net for those who work for themselves The Chancellor, Rishi Sunak, said he will ‘strengthen the safety net for those who work for themselves’ with a package of measures to support the self-employed and freelancers, offering improved benefits and tax deferrals. If you’re due to pay a self-assessment payment on account by […]

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COVID-19 Pandemic Has Made More People Think

COVID-19 pandemic has made more people think about just how crucial it is to make a Will Since the outbreak of coronavirus (COVID-19), the number of people seeking to write new Wills has risen by over 30%, according to The Law Society. Understandably, the current situation is causing angst among people, particularly elderly and vulnerable […]

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Small Business Grant Fund

Retail, Hospitality and Leisure Grant Fund Originally announced in the Budget on 11 March, the Small Business Grants Fund (SBGF) and the Retail, Hospitality and Leisure Grant (RHLG) will be delivered by local authorities in England. Relief from business rates The original measures have now been significantly enhanced in light of the business closures as […]

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Coronavirus Business Interruption Loan Scheme

Lifeline for small and medium-sized enterprises struggling with cash flow The Coronavirus Business Interruption Loan Scheme (CBILS) is a loan scheme that was announced by the Chancellor, Rishi Sunak, during the 2020 Budget and has been set up to help small and medium-sized enterprises (SMEs) that are struggling with cash flow because of revenues that […]

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Coronavirus Job Retention Scheme

Guaranteeing a proportion of the salaries of millions of workers Around the country, many employers have implemented lay-offs due to reduced revenues and the closure of their business premises due to coronavirus. The Coronavirus Job Retention Scheme has been set up to support those employers and help them continue to pay wages of staff who would otherwise […]

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Self-employment Income Support Scheme

Financial support for those impacted by coronavirus Chancellor of the Exchequer Rishi Sunak unveiled unprecedented government aid for the self-employed. There are around five million people who are self-employed and freelance across the UK, and many will be relieved to hear that financial support is on the way to help those impacted by coronavirus. Lost […]

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Coronavirus Investment Scams

If it sounds too good to be true, it probably is Fraudsters are getting more sophisticated, particularly with investment scams. They can be articulate and financially knowledgeable, with credible websites, testimonials and materials that are hard to distinguish from the real thing. However, if it sounds too good to be true, it probably is. From […]

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