Ministers have announced new grants for businesses affected by local lockdowns. Businesses in England that are required to shut because of local interventions will now be able to claim up to £1,500 per property every three weeks.
Hive business awards will be back in 2021 but this year, they are launching the HIVE, IN IT TOGETHER RECOGNITION AWARDS 2020 and they need your nominations. The nomination deadline closes on Friday 23 October.
The government has announced £20m of funding as part of their drive to boost the recovery of the economy and provide small and medium sized enterprises (SMEs) help to adapt their businesses following the Coronavirus pandemic.
The Kickstart Scheme is a £2 billion fund to incentivise the creation of hundreds of thousands of quality 6-month work placements for young people aged 16-24, who are claiming Universal Credit. Businesses of any size looking to recruit young people can apply.
HM Revenue & Customs have issued new guidance on how businesses will become eligible for the Coronavirus Job Retention Scheme Bonus of £1,000 for every employee previously furloughed who remains continuously employed until the end of January 2021.
HM Revenue & Customs has published new guidance for those who self-employed or a member of a partnership and having a new child affected their trading profits or total income reported for the 2018/19 tax year and it affected their entitlement to the Self Employed Income Support Scheme (SEISS).
In an attempt to kickstart the hospitality industry following the decline in customer numbers the Government has decided to incentivise the public to eat with the "Eat Out to Help Out" Scheme which offers a discount to diners eating and drinking in registered restaurants.
Where employees are entering or returning to the UK they may be required to quarantine for 14 days. If an employee is unable to work during this period, they may not qualify for Statutory Sick Pay. If employees are unable to do their job from home, they may need to take additional annual leave to cover the 14 days of self-isolation. However, employers are under no obligation to accept the request for additional annual leave so some may be rejected.
As restrictions ease, workplaces begin to open up again and with the winding up of the Coronavirus Job retention Scheme (which ends on 31st October 2020) many businesses are now having to turn their minds to considering various options to help keep their businesses profitable and on track. In collaboration with KBL Solicitors we have set out some of the options and legal considerations businesses will face when dealing with a reduction in trade and staffing requirements.