Updated Information on how small businesses and the self-employed can weather Covid 19 – September 14th, 2020

Ihelm Enterprises Covid 19 Update Sept 14 2020

Earlier in July, the Chancellor announced a scheme called the Kickstart Scheme that would help get young people who are at risk of long term unemployment back into work. THis scheme was also going to help businesses to recover from the effects of Covid 19.

However, on Sept 2nd, when the scheme was officially launched, the government stated that in order for a business to be able to take advantage of this scheme, they had to provide 30 positions. While this would be easy enough for large businesses to do, this puts a lot of small and medium-sized businesses at a disadvantage. Various organisations have come together to help these smaller businesses by creating a hub so that lots of small businesses can join together and be able to hire staff through the Kickstart Scheme. You will need to check your local area as to which hubs are working to help facilitate the scheme – but good places to start are your local Chamber of Commerce, Growth Hubs, your local Council and even your accountant/bookkeeper.

What does the scheme do?

The Kickstart Scheme is designed to help young people aged between 16 and 24 who are claiming Universal Credit to find employment for a 6-month period. During their employment, the employee should be developing the skills and experience needed to find work after they have completed their 6-month placement.

How does it work?

The government will cover all of the costs related to hiring someone through the scheme for a 6-month period. After that time, if you wanted to keep the employee on, you would need to fund their employment yourself as they will no longer be part of the Kickstart scheme. They will fund 100% of the National Minimum Wage for that employee for 25 hours/week, all employer NI contributions and the minimum employer automatic enrolment contributions. The employer can also apply for an additional amount of £1,500 per job placement to help with setup costs, support and training. The additional grant should be paid to you within 7 days of the placement being accepted.

As the employer, you would be required to pay out all of the payroll costs first, and then you would claim these back through the scheme – evidence will be required to prove that the employee is still employed as well as all of the costs. Currently, the employer would claim for the costs every 2 months, but this is continually under review and various business groups are hoping to have this time period lowered, as originally it was going to be that the employer would need to fund all of the costs until the end of the 6-month placement.

It would be the employer’s responsibility to ensure that they are set up as an employer with HMRC and have a pension scheme set up. The employer would also be liable for all of the costs associated with running a payroll scheme – however, the additional grant of £1,500 could be used to offset these costs.

Once a 6-month placement has been completed, you can hire another person through the Kickstart Scheme to fulfil that role.

The employer would need to supply a job description outlining what the position entails and this would then be advertised to any eligible participant through the DWP (if you are going through a hub, they would be your point of contact). Once an employer has received the applications, it will be their responsibility to go through the process of interviews and hiring the employee. If an employer hires an employee, they would notify their point of contact and the process of filling the role and applying for the additional grant will be completed.

The Kickstart Scheme is going to be running until December 2021 and you can use the scheme for as long as you are eligible.

Who can use the scheme?

The scheme is open to all businesses within England, Scotland and Wales. Depending on the size of your business, you can either apply directly to the government: https://www.gov.uk/guidance/check-if-you-can-apply-for-a-grant-through-the-kickstart-scheme or by going through one of the local hubs helping smaller businesses. To apply through a local hub, you would need to contact them directly to find out their process.

Businesses that would like to use the Kickstart Scheme must ensure that these job placements are not replacing existing or planned vacancies, or cause existing employees/contractors to lose or reduce their employment. The positions should also not require people to understand extensive training in order to begin the job placement.

Within your application to the scheme, you will need to demonstrate how you will help participants to develop their skills and experience in order to get long-term work after the placement ends. This can include things like career advice, setting goals, helping with CV and interview preparation, supporting them with basic skills (attendance, timekeeping and teamwork).

How do I become a facilitator?

If you would like to become a representative of a group of businesses so that you can share the 30 job placements between multiple businesses, you would need to apply to become a representative.

To be eligible for this type of position, you must have experience of managing partnership agreements with third parties and robust financial and governance processes to manage the application.

You can read more about how to become a representative by going here: https://www.gov.uk/guidance/check-if-you-can-apply-for-a-grant-as-a-representative-of-a-group-of-employers-through-the-kickstart-scheme.

I am continually monitoring the updates that the government and other business-related departments release and will continue to share that information for as long as I feel that it is beneficial to all businesses in the UK.

The information and policies are continually being updated by the government, so I urge you to keep on top of the information by visiting the relevant website for your area.

UK:
https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses
Scotland: https://www.gov.scot/coronavirus-covid-19/
Wales: https://gov.wales/business-and-employers-coronavirus
Northern Ireland: https://www.nibusinessinfo.co.uk/

I will be trying to keep myself as informed as possible and will share relevant information on my fb business page: https://www.facebook.com/ihelmenterprises/

Updated Information on how small businesses and the self-employed can weather Covid 19 – August 14th, 2020

Ihelm Enterprises Covid 19 Update Aug 14 2020

Last night the government made an announcement about businesses in England that were stopped from opening 2 weeks ago.

All of those businesses are now going to be allowed to re-open from August 15th, 2020 as long as they follow certain guidelines to ensure that they are operating a Covid-19 secure environment.

This includes:
– bowling alleys, skating rinks, soft play centres, and casinos
– indoor theater, music and performance venues are allowed to re-open for socially distanced performances
– wedding receptions that have a sit-down meal and no more than 30 guests can take place
– pilots of some sporting events will be held to determine whether it is safe for spectators to return
– beauty salons that offer close contact services like facials, eyebrow treatments, eyelash treatments, makeup application and microblading can now re-open and offer all of those treatments
– pilots will also be taking place at conference venues to see if business events can start to happen from October 1st at the earliest

Nightclubs and sexual entertainment venues are to continue to remain closed.

All businesses will still need to ensure they are operating in a Covid Secure way, so they will need to make sure that they are following the guidelines for their sector as laid out by the government. The guidance for each sector can be found here: https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19

I am continually monitoring the updates that the government and other business-related departments release and will continue to share that information for as long as I feel that it is beneficial to all businesses in the UK.

The information and policies are continually being updated by the government, so I urge you to keep on top of the information by visiting the relevant website for your area.

UK:
https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses
Scotland: https://www.gov.scot/coronavirus-covid-19/
Wales: https://gov.wales/business-and-employers-coronavirus
Northern Ireland: https://www.nibusinessinfo.co.uk/

I will be trying to keep myself as informed as possible and will share relevant information on my fb business page: https://www.facebook.com/ihelmenterprises/

Making Tax Digital – Update July 2020

Things have been a bit quiet about Making Tax Digital and the timescales that had been announced have been delayed and even paused due to the Covid-19 pandemic. However, the government made an announcement on July 21, 2020, and provided some new timelines for going forward with MTD.

What is Making Tax Digital?

Making Tax Digital (MTD) is the government’s plan to make it easier for individuals and businesses to know what tax they have to pay before the end of the year. Businesses will need to submit their tax information to HMRC digitally.

What’s the latest on MTD?

Currently, only those businesses that have had to register for VAT due to reaching the £85,000 turnover threshold, have had to file their VAT returns through MTD. Live pilots have been continuing to be run to help HMRC get the system in place for the remaining taxes.

HMRC are going to be ready to continue with getting all businesses and individuals filing their taxes through MTD starting with those businesses who have voluntarily registered for VAT. From April 2022 all VAT registered businesses will need to file their returns through MTD. In April 2023, all self-employed businesses and landlords with business turnover above £10,000, will need to follow MTD for filing tax returns and they will need to do this quarterly.

How can I get ready for MTD?

Even if you don’t need to file your taxes with HMRC through MTD yet, you can start to get prepared so that when you do need to follow the guidelines, you are already up and running.

1) Start using MTD Compliant software like QuickBooks Online – now.

Keep your accounts on MTD compliant software so that you know the software will be able to file your tax information with HMRC without needing to use bridging software, or change how you do your accounts. This will help to reduce your stress and panic, because by the time you need to file your taxes with HMRC through MTD, you are confident in using the software and already all set up.

2) Get into the habit now of attaching copies of invoices/receipts to your transactions within the accounts software.

Part of following MTD and filing your accounts, is ensuring that you are sending digital information to HMRC – they will no longer accept paper records. You need to have all of your transactions digitally, and have an audit trail for what those items are. You can do this by ensuring that you attach a copy of any invoices/receipts to each transaction in the software. Depending on your accounts software, you can often take photos with the app on your phone/tablet, enter a small amount of information and save it – this then puts the transaction into your accounts and attaches a physical copy of the invoice/receipt to it. You can also use a third party software like AutoEntry which will not only attach a physical copy of the invoice/receipt to your transactions, but it also stores your paperwork digitally for you! By ensuring you are attaching a physical copy of the invoices/receipts to your transactions, you won’t need to store the paperwork, because you will have a copy stored digitally.

3) Keep watching for announcements!

This is probably the simplest of the steps, and the easiest one to do. Keep an eye on our Facebook page and our blog as we will share any further updates about Making Tax Digital so that you know when you need to start following the guidelines. You can find our Facebook page here: https://www.facebook.com/ihelmenterprises.

Updated Information on how small businesses and the self-employed can weather Covid 19 – July 20th, 2020

Ihelm Enterprises Covid 19 Update July 20

Last week on July 17th, the Prime Minister held a press conference to update England on some of the new changes that are going to be taking place. The government now feels that as more is known about Covid-19, hot spots of infection can be dealt with at a more local level as opposed to a national level. This will mean that local authorities will have more power to initiate a local lockdown or restrictions for their area. This could include closing specific premises, shutting public outdoor spaces and cancelling events. It is a very good idea that you keep an eye on your local area and make sure you are following all of their guidelines in regards to any local restrictions/lockdowns. The government has also announced the further lifting of some of the current restrictions that affect businesses and the economy – but like all other timetables provided, these are conditional on the rate of infection and how well everyone plays their part in controlling the virus.

1) From August 1st, the government will update the advice about going to work and it will be up to the employers to decide how their staff can work safely. Employers are encouraged to consult closely with their employees and if they wish the staff to return to working in the workplace, they must ensure it is Covid Secure.

2) From August 1st, most of the remaining leisure settings (bowling, skating rinks and casinos) will be allowed to re-open.

3) From August 1st beauticians will be able to provide close contact services like eyelash treatments.

4) Indoor performances to a live audience will be able to restart from August 1st, subject to the success of pilots that are currently being run.

5) Business events and conferences will be allowed to resume from October 1st as long as the infection rate stays down. This means that face-to-face networking events can start to be done again. Again, there will be very clear guidelines that must be followed for each event to take place. You can find the full guidance here: https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19/the-visitor-economy

All businesses will still need to ensure they are operating in a Covid Secure way, so they will need to make sure that they are following the guidelines for their sector as laid out by the government. The guideance for each sector can be found here: https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19

As well as the announcements by the Prime Minister on Tuesday, the government has updated some of the information pages about the various schemes that are available. There are videos on each of the different schemes that the government has made available to businesses and you can access them here: https://www.gov.uk/guidance/help-and-support-if-your-business-is-affected-by-coronavirus-covid-19. The videos cover what the scheme is for and how you make a claim through the scheme.

I am continually monitoring the updates that the government and other business-related departments release and will continue to share that information for as long as I feel that it is beneficial to all businesses in the UK.

The information and policies are continually being updated by the government, so I urge you to keep on top of the information by visiting the relevant website for your area.

UK:
https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses
Scotland: https://www.gov.scot/coronavirus-covid-19/
Wales: https://gov.wales/business-and-employers-coronavirus
Northern Ireland: https://www.nibusinessinfo.co.uk/

I will be trying to keep myself as informed as possible and will share relevant information on my fb business page: https://www.facebook.com/ihelmenterprises/

Updated Information on how small businesses and the self-employed can weather Covid 19 – July 11th, 2020

Ihelm Enterprises Limited Covid 19 Update July 11

On Thursday, the government announced that more industries are able to open up.

I have been sifting through all of the e-mails that have been coming through so I could pass the information onto all of you – there have been a lot of updates from the government.

1) From this weekend – July 11th – artists, musicians and performing artists can return to outdoor performances to socially distanced audiences. The government is going to be trialling indoor performances with some venues to see when indoor socially distanced performances can happen.

The guidelines that the government has published can be found here: https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19/performing-arts

The press release announcing the opening of outdoor performances can be read here: https://www.gov.uk/government/news/performing-arts-given-green-light-to-resume-outdoors-on-july-11. It talks a little bit about the investigations they will be doing to see when indoor performances can begin again.

2) Recreational sports can begin as well. People can rejoin their local sports teams once they have had their plans approved to ensure everyone’s safety.

The government has created guidelines for different aspects of outdoor sport and recreation and you can access all of the different articles here: https://www.gov.uk/government/publications/coronavirus-covid-19-guidance-on-phased-return-of-sport-and-recreation

You will see on that page that they have individual guidance for the public, personal trainers and coaches, recreational team sport as well as many other elements.

3) Outdoor swimming pools and water parks can open from July 11th.

The guidance for these businesses can be found in the link below which covers providers of grassroots sports and gym and leisure facilities.

4) Indoor gyms, swimming pools, fitness studios and leisure centres can open from July 25th but specific guidelines must be followed.

The government has released guidance that must be followed, but your governing body is also a very good place to get the information from, as they will be able to provide more specific guidance for your specific sector. This article provides guidance for providers of grassroots sport and gym/leisure facilities: https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19/providers-of-grassroots-sport-and-gym-leisure-facilities

5) From Monday, July 13th, all beauty salons, nail salons, tanning salons, physical therapy businesses, spas and tattoo parlours can open – but they will need to follow very specific guidelines.

The guidance provided by the government can be found here: https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19/close-contact-services. However – it is a very good idea that you contact your governing body to ask them for more specific guidance.

One very important part of the guidance is that no services can be provided that are in what the government calls the “highest risk zone”. This refers to the area in front of the face – so that means no treatments on the face where you are facing the customer – for example, facials and eyelash treatments – will be allowed until the government advice changes.

6) Earlier in the week the government announced that during August from Monday to Wednesday in participating restaurants people will be able to have a meal for 50% less. Restaurants will need to register through the portal that the government has now opened.

You can read more about the scheme here: https://www.gov.uk/government/publications/get-more-information-about-the-eat-out-to-help-out-scheme/get-more-information-about-the-eat-out-to-help-out-scheme

To register for the scheme, this is the page that you will want to read through as it has all of the information about what you will need to do: https://www.gov.uk/guidance/register-your-establishment-for-the-eat-out-to-help-out-scheme

7) Further information has also been posted by the government about the reduced VAT rate for the hospitality sector. This link explains how the reduced rate will work for each of the sectors it applies to https://www.gov.uk/guidance/vat-reduced-rate-for-hospitality-holiday-accommodation-and-attractions

Further information for charging VAT on admission charges to attractions can be found here: https://www.gov.uk/guidance/vat-on-admission-charges-to-attractions. The article outlines what is considered as admission fees and what you need to do if you have other charges included in the admission fee.

I am continually monitoring the updates that the government and other business-related departments release and will continue to share that information for as long as I feel that it is beneficial to all businesses in the UK.

The information and policies are continually being updated by the government, so I urge you to keep on top of the information by visiting the relevant website for your area.

UK:
https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses
Scotland: https://www.gov.scot/coronavirus-covid-19/
Wales: https://gov.wales/business-and-employers-coronavirus
Northern Ireland: https://www.nibusinessinfo.co.uk/

I will be trying to keep myself as informed as possible and will share relevant information on my fb business page: https://www.facebook.com/ihelmenterprises/

Details about the emergency budget announced today – July 8th, 2020

Ihelm Enterprises Emergency Budget info July 8

The Chancellor released an emergency budget today to help kickstart the economy and recover from the impact of Covid-19. It wasn’t a huge budget but I have outlined the points below:

1) Job Retention Scheme Bonus
For all employers who bring staff back off furlough, and retain them for 3 months after the furlough scheme ends in October 2020, they will receive a £1000 bonus per employee in January 2021.

The staff member must have been paid at least £520 on average per month from November 2020 to the end of January 2021 in order for the business to receive the bonus for that employee.

2) Kickstart Scheme
This scheme is worth £2.1 billion pounds and will help to create more jobs for youth who have been affected by the pandemic. It will subsidise 6-month work placements for people who are on Universal Credit between the ages of 16 and 24.

The government will cover 25 hours of work a week at the National Minimum Wage for those who qualify under this scheme.

Businesses will be able to apply from next month to take part in this scheme and there won’t be a limit to how many places there are available. The government is expecting the first jobs to start in the autumn and it will run until December 2021.

3) Trainees
The government has pledged to provide 30,000 new traineeships for young people in England and will give businesses £1,000 for each new staff member they take on under this scheme.

4) Apprentices
Businesses that hire an apprentice from August 2020 to January 2021, will be eligible for a bonus of £2,000 for apprentices aged between 16 and 24, and £1,500 for apprentices aged 25 and over. The £2,000 will be in addition to the existing payment of £1,000 that businesses already receive when they hire an apprentice aged 16-18 years.

5) VAT reduced for hospitality sector from 20% to 5%
From Wednesday, July 15th, the VAT charged on food, accommodation and attractions will be 5% and not 20%, and it will stay at the reduced rate until January 12th 2021.

This will apply to eat-in or hot takeaway food and non-alcoholic drinks from restaurants/cafes/pubs, accommodation in hotels/B&B’s/campsites and caravan sites, and attractions like cinemas/theme parks and zoos. The government has made this VAT-cut in the hopes that it will encourage people to go out and spend more money within the hospitality sector and it will kickstart the economy.

6) Eat out in August and get half-price meals
Every week in August, from Monday to Wednesday, people will be encouraged to go out and eat in their local pubs, cafes and restaurants, as the government has said that all meals at participating restaurants will be 50% less (up to £10/person). The discount will only apply to sit-down meals and non-alcoholic drinks.

Businesses will need to register to take part in this scheme and will be able to do so from next week through an online form. After a business makes a claim for the money from the discounts, the government has said they will receive the money within 5 days.

7) Vouchers of up to £5,000 for energy-saving home improvements
This scheme is part of a wider plan to help reduce emissions in the UK, and it is hoped that by helping homeowners to install things like cavity wall insulation, floor insulation, and double glazing, it will also support more than 100,000 jobs within the construction industry.

It will launch in September and people will be able to apply online for recommended energy efficiency measures as well as find details of accredited local suppliers. After an accredited supplier has provided a quote and the work is approved, the government will issue a voucher to help towards the costs of the home improvements.

Some of the poorest households could get up to £10,000 towards the cost.

As further details are released about the various schemes that were unveiled today, I will update my website as well as all of my social media platforms.

I am continually monitoring the updates that the government and other business-related departments release and will continue to share that information for as long as I feel that it is beneficial to all businesses in the UK.

The information and policies are continually being updated by the government, so I urge you to keep on top of the information by visiting the relevant website for your area.

UK:
https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses
Scotland: https://www.gov.scot/coronavirus-covid-19/
Wales: https://gov.wales/business-and-employers-coronavirus
Northern Ireland: https://www.nibusinessinfo.co.uk/

I will be trying to keep myself as informed as possible and will share relevant information on my fb business page: https://www.facebook.com/ihelmenterprises/

Updated Information on how small businesses and the self-employed can weather Covid 19 – July 3rd, 2020

Ihelm Enterprises Covid 19 Update July 3

The government announced yesterday that the second self-employed income support grant will open up for applications on August 17th, 2020 and that it is being extended until 19th of October 2020.

They have also announced that there are some groups of people who can now claim both the first and second grant:

1) Parents who are self-employed who didn’t submit a tax return for the 2018/2019 tax year, or whose trading profits were less than their other income (which made them ineligble for the grant) because they were pregnant or caring for their newborn/newly adopted child and still meet the other standard eligibility criteria.

You will need to confirm with HMRC that being a new parent has affected your trading profits or total income for 2018/2019 and provide supporting evidence. There will be the ability to do this for both grants through an online form in August 2020.

2) Those who are army, navy and air reservists who were self-employed and didn’t file a tax return for 2018/2019 or if you did file a return for the 2018/2019 tax year but your trading profits were affected by specified reservist activities carried out for at least 90 days, and you were self-employed in the 2017/2018 tax year and submitted a tax return for that year, and all other eligibility criteria is met.

In both of these circumstances, HMRC will work out your average trading profits by using your 2017/2018 tax return or both the 2016/2017 and 2017/2018 tax returns.

You can read the full updated guidance here: https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme – under the “Who can claim section”.

The government has also updated the information on how different circumstances affect the SEISS grant scheme by adding additional examples of what being adversely affected means, a section for parents, and a section for military reservists. You can read the full article here: https://www.gov.uk/guidance/how-different-circumstances-affect-the-self-employment-income-support-scheme

I am continually monitoring the updates that the government and other business-related departments release and will continue to share that information for as long as I feel that it is beneficial to all businesses in the UK.

The information and policies are continually being updated by the government, so I urge you to keep on top of the information by visiting the relevant website for your area.

UK:
https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses
Scotland: https://www.gov.scot/coronavirus-covid-19/
Wales: https://gov.wales/business-and-employers-coronavirus
Northern Ireland: https://www.nibusinessinfo.co.uk/

I will be trying to keep myself as informed as possible and will share relevant information on my fb business page: https://www.facebook.com/ihelmenterprises/

Updated Information on how small businesses and the self-employed can weather Covid 19 – June 26th, 2020

Ihelm Enterprises Covid 19 Update June 26

I have been monitoring the information that is being released by the government in regards to guidance to all of the businesses that are allowed to open up from July 4th.

This includes pubs, restaurants, hair salons, tourist attractions, hotels, b&b’s, campsites and caravan parks.

There are still many businesses that cannot open yet, and these include nightclubs, casinos, bowling alleys, indoor play areas, spas, nail bars, beauty salons, tanning salons, massage parlours, tattoo and piercing parlours, indoor fitness and dance studios, indoor gyms and sports facilities, swimming pools and water parks. Hopefully further guidance will be released soon on how these businesses will be able to open safely, and I will share that information as soon as it becomes available.

For all of the businesses that can open, I have had so many updates about the guidance and how these businesses can safely open, that I don’t think I can cover it properly in blog posts or social media posts – the information is changing that fast that I am struggling to keep on top of it.

So instead of me writing a blog post about all of the rules and regulations and such that businesses should follow, I am going to provide a number of links to where you can find the information that the government is producing. That way, you will be able to access the links directly and keep on top of it.

A lot of what the government is saying does revolve around social distancing. They are still saying that everyone must stay 2m apart, but where it is not possible to do that, they should stay 1m apart and take additional precautions to reduce the exposure to Covid-19. They are also encouraging every business to ensure that all staff and customers are using hand sanitiser and hand-washing facilities frequently to help reduce the spread of the virus.

Here are a list of links that you will find very useful to help you to be able to open your business safely:This is the article that discusses which businesses are allowed to open from July 4th and provides a brief overview for what each business should do: https://www.gov.uk/guidance/opening-certain-businesses-and-venues-in-england-from-4-july-2020

This link takes you to the page on the government website that has links to guidance for each individual business sector: https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19

I haven’t provided individual links for each of the 12 guides that are listed on the page, but here are some of the ones that I think would be beneficial to the majority of my clients:
5 Steps to Working Safely: https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19/5-steps-to-working-safely
Close Contact Services: https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19/close-contact-services
Construction and other outdoor work: https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19/construction-and-other-outdoor-work
Hotels and other guest accommodation: https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19/hotels-and-other-guest-accommodation
Offices and contact centres: https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19/offices-and-contact-centres
Restaurants, pubs, bars and takeaway services: https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19/restaurants-offering-takeaway-or-delivery
Shops and branches: https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19/shops-and-branches
The Visitor Economy: https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19/the-visitor-economy

Each of these links goes into further details about how to safely open the business. It is divided into sections that you can open and read, but you can also download the guidance and a poster to display in your workplace. The downloadable document is very long and lengthy. All of this information is being updated regularly by the government, so it’s worth keeping an eye on it every week to just ensure you are staying on top of all the requirements for opening your business and operating safely.

I am continually monitoring the updates that the government and other business-related departments release and will continue to share that information for as long as I feel that it is beneficial to all businesses in the UK.

The information and policies are continually being updated by the government, so I urge you to keep on top of the information by visiting the relevant website for your area.

UK:
https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses
Scotland: https://www.gov.scot/coronavirus-covid-19/
Wales: https://gov.wales/business-and-employers-coronavirus
Northern Ireland: https://www.nibusinessinfo.co.uk/

I will be trying to keep myself as informed as possible and will share relevant information on my fb business page: https://www.facebook.com/ihelmenterprises/

Updated Information on how small businesses and the self-employed can weather Covid 19 – June 15th, 2020

Ihelm Enterprises Covid 19 Update June 15th

I have been reading through all of the updates from the Government in regards to the SEISS grant and they have released further details about the Self-Employed Income Support Scheme in regards to how it will work for the second payment.

You do not need to have received the first grant in order to take advantage of the second grant, but if you do want to receive the initial grant amount which is based on 80% of your average monthly trading profits (capped at £7,500 in total), you have until 13/07/2020 to do so. The first payment will no longer be available after 13/07/2020.

You will be able to claim for the second amount in August 2020 and you must confirm that your business has been “adversely affected” on or after 14/07/2020. HMRC have provided some examples of what they mean by “adversely affected”:
– you aren’t able to work because you are shielding, self-isolating, are on sick leave due to coronavirus or have caring responsibilities due to coronavirus
– you have had to scale your business down or temporarily stop trading because your supply chain has been interrupted, you have fewer, or no, customers/clients or your staff are unable to come into work.

You will also still need to meet the criteria for the first grant:
– traded in 2018/2019 tax year and submitted your self-assessment tax return on or before 23/04/2020
– traded in the 2019/2020 tax year
– intend to continue to trade in the 2020/2021 tax year

The second payment will be 70% of your average monthly trading profits and will be paid out in a single instalment covering a further 3 months’ worth of profits. It will be capped at £6,570 in total.

At this point in time, HMRC have not given any indication that they will be using a different time period to calculate the amount you are entitled to. It is my understanding that they will still only be looking at the tax returns for 2018/2019, 2017/2018 and 2016/2017 and will calculate the average monthly amount using the exact same method as the first grant – the only difference being it will only be for 70% this time. If HMRC indicate differently, I will update the information and post about it.

The portal for checking eligibility for the second grant doesn’t exist yet as the first grant hasn’t closed. As soon as it is open for people to check their eligibility I will share the link to do so.

HMRC have been updating the various articles they have on SEISS to include information about the second grant and you can read those pages here:
Check if you can claim: https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme
How different circumstances affect the grant: https://www.gov.uk/guidance/how-different-circumstances-affect-the-self-employment-income-support-scheme

I am continually monitoring the updates that the government and other business-related departments release and will continue to share that information for as long as I feel that it is beneficial to all businesses in the UK.

The information and policies are continually being updated by the government, so I urge you to keep on top of the information by visiting the relevant website for your area.

UK:
https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses
Scotland: https://www.gov.scot/coronavirus-covid-19/
Wales: https://gov.wales/business-and-employers-coronavirus
Northern Ireland: https://www.nibusinessinfo.co.uk/

I will be trying to keep myself as informed as possible and will share relevant information on my fb business page: https://www.facebook.com/ihelmenterprises/

Updated Information on how small businesses and the self-employed can weather Covid 19 – June 3rd, 2020

Ihelm Enterprises Covid 19 Update June 3rd

On May 29th, the Chancellor announced the details about the extension to the Job Retention Scheme. The extension won’t work the same as the scheme does now as employers will be able to bring staff back part-time and furlough them the rest of the time and employers will have to start making some contributions as well.

The scheme will close to new entrants on June 30th, which means that if employers want to take advantage of being able to furlough staff part-time, they need to make a claim by June 10th, 2020 on the current scheme (this allows staff to be furloughed for the minimum 3-week period). From July 1st, 2020, only employees who have been furloughed for a full 3-week period prior to June 30th, 2020 will be able to be furloughed part-time. However, employers will have until July 31st, 2020 to make any claims relating to the time period ending June 30th, 2020. All other existing criteria will still be in place.

From July 1st, 2020, employers will be able to bring staff back into the workplace on a part-time basis. Employers will be able to set the hours and shift patterns of those staff members, but employers will be responsible for paying all of the payroll costs towards those hours/days that staff work, and the government will pay for the remaining hours/days in the month that the staff have been furloughed.

In respect of the changes to the funding of the scheme, this is how the division will be from July 1st, 2020:

July 2020: The government will continue to pay 80% of wages up to £2,500 plus Employer NI contributions and pension contributions for staff who are furloughed. Employers will be responsible for ONLY paying payroll costs for the time an employee has worked.

August 2020: The government will pay 80% of wages up to £2,500 for staff who are furloughed. Employers will be responsible for paying Employer NI contributions, pension contributions, and all payroll costs for the time an employee worked.

September 2020: The government will pay 70% of wages up to £2,187.50 for staff who are furloughed. Employers will be responsible for paying Employer NI contributions, pension contributions, all payroll costs for the time an employee worked AND 10% of the furloughed wages which will ensure staff are still receiving 80% of their wages when furloughed.

October 2020: The government will pay 60% of wages up to £1,875 for staff who are furloughed. Employers will be responsible for paying Employer NI contributions, pension contributions, all payroll costs for the time an employee worked AND 20% of the furloughed wages which will ensure staff are still receiving 80% of their wages when furloughed.

Employers will need to submit the usual hours an employee would be expected to work in a claim period and the actual hours they have worked.

At present, the information on how to submit a claim through the Job Retention Scheme hasn’t been changed, but I will be continuing to monitor the situation and will share further information as it is released.

The government have stated that after October 31st, 2020, the Job Retention Scheme will be stopped and from November 1st, 2020 employers will be responsible for ALL of the payroll costs associated with having employees.

I am continually monitoring the updates that the government and other business-related departments release and will continue to share that information for as long as I feel that it is beneficial to all businesses in the UK.

The information and policies are continually being updated by the government, so I urge you to keep on top of the information by visiting the relevant website for your area.

UK:
https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses
Scotland: https://www.gov.scot/coronavirus-covid-19/
Wales: https://gov.wales/business-and-employers-coronavirus
Northern Ireland: https://www.nibusinessinfo.co.uk/

I will be trying to keep myself as informed as possible and will share relevant information on my fb business page: https://www.facebook.com/ihelmenterprises/

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