Coronavirus investment scams

Posted on May 11, 2020 by - Uncategorized

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.

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Moving closer to retirement

Posted on May 11, 2020 by - Uncategorized

Delay taking your pension if you can

For those people moving closer to retirement who may have been impacted by the recent market volatility, an option to consider is deferring your private pension.

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Second self-assessment payment deferment

Posted on May 11, 2020 by - Uncategorized

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.

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Self-employment Income Support Scheme

Posted on May 11, 2020 by - Uncategorized

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.

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Self-employed and not eligible for SSP

Posted on May 11, 2020 by - Uncategorized

What other options do I have available to me?

If you are not eligible for Statutory Sick Pay (SSP) – for example, if you are self-employed or earning below the Lower Earnings Limit of £118 per week – and you have COVID-19 or are advised to self-isolate, you can now more easily make a claim for Universal Credit or New Style Employment and Support Allowance.

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Statutory Sick Pay

Posted on May 11, 2020 by - Uncategorized

Payments made from day 1, rather than day 4, of your absence from work

If you think you are entitled to Statutory Sick Pay (SSP), you can receive £94.25 per week if you’re too ill to work. It’s paid by your employer for up to 28 weeks.

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Coronavirus Job Retention Scheme

Posted on May 11, 2020 by - Uncategorized

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 have been let go.

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Coronavirus Business Interruption Loan Scheme

Posted on May 11, 2020 by - Uncategorized

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 have been deferred or lost due to the coronavirus (COVID-19) pandemic outbreak. The loans are being offered on generous terms to support SMEs.

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Small Business Grant Fund

Posted on May 11, 2020 by - Uncategorized

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.

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What are you waiting for?

Posted on May 11, 2020 by - Uncategorized

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.

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