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COVID-19 Hub

We are, of course, in difficult times and obviously the situation is changing on a daily basis.

Please rest assured that we are doing all we can to enable us to continue to provide you with the best possible service at all times.

This page is regularly updated with key advice and guidance for you and your business. If you require any further assistance concerning the Covid19 measures and how they will impact either you or your business please email covid19@moco.co.uk

Useful documents/Client Eshots

(G17) Furlough and Job Retention Scheme (CJRS) extended until 31 October 2020

(G16) Details of the Application process for the Self-Employment Income Support Scheme (SEISS) UPDATED INFORMATION & GUIDANCE 

(G15) Self-Employment Income Support Scheme (SEISS) online portal launch

(G14) Top-up to local business grant funds scheme

(G13) How to apply for the new Small Business ‘Bounce Back’ Loan scheme

(G12) How to claim a grant through the coronavirus (COVID-19) Self-employment Income Support Scheme

(G11) Coronavirus Business Support Scheme & Job Retention Scheme Claim update Issue

(G10) Coronavirus Business Interruption Loan Scheme (CBILS) – new measures

(G9) Latest guidance for business

(G8) VAT Deferral and Time To Pay

(G7) Furlough and the Job Retention Scheme Update

(G6) Guidance for Self Employed Individuals - Self employment income support scheme (SISS)

(G5) Guidance on Furlough and the Job Retention Scheme

(G4) Update concerning office opening and remote working

(G3) Further measures to assist businesses and employees

(G2) Additional government help for businesses

(G1) Temporary measures to assist businesses

Payroll eshots

(P7) Payroll Services & Covid 19 Job Retention Scheme Repayment Claims 

(P6) Covid-19 Job Retention Scheme (Cjrs) – Start Date Of Furloughing Extended

(P5) Payroll Services & Covid 19 Job Retention Scheme Repayment Claims

(P4) Covid- 19 Changes to National Living Wage Rates & Statutory Sick Pay Rebate Scheme Update inc. Guidance on Employee Absence

(P3) Covid-19 Furlough and Job Retention Scheme Update

(P2) Covid-19 payroll update

(P1) Coronavirus SSP Update for Payroll Clients

Croner Helpline flyer

Staying Covid-19 Secure

As you will no doubt be aware the Chancellor announced some temporary measures in the Budget last week to help businesses affected by the Coronavirus Covid-19 Pandemic. These include. Arranging payment plans to cover outstanding taxes including self-assessment, PAYE, VAT, Corporation Tax etc.

Financial support for businesses during coronavirus (COVID-19)

A full range of business support measures have been made available to UK businesses.

This page helps businesses find out how to access the support that has been made available, who is eligible, when the schemes open and how to apply.

ADDITIONAL GOVERNMENT HELP FOR BUSINESSES

  • Support for businesses that pay business rates including support for those businesses that pay little or no business rates
  • Mortgage Holiday
  • Support for businesses who are paying sick pay to employees
  • Support for businesses through the Coronavirus Business Interruption Loan Scheme.
  • Support for businesses paying tax

FURTHER MEASURES TO ASSIST BUSINESSES AND EMPLOYEES

Additional measures were announced at a press conference held on 20th March and included a Coronavirus job retention scheme, rent assistance, deferment of VAT and Income tax payments and Universal Credit. 

OFFICE OPENING AND REMOTE WORKING

Everyone at Morris & Co is working hard to ensure that you are kept as up to date as possible about the latest Government schemes to assist employers who are suffering as a result of Covid-19. Our office is currently still open, although most members of staff are working remotely. We intend to remain open for our clients that wish to visit us or drop off books and records etc. and will only close if advised to do so by the Government

We will be communicating the new measures via a series of E-shots and updates on our website and shall also do our very best to respond to individual clients queries as soon as possible. 

The links detailed below contain useful guidance which may be of interest:

Furlough And the job retention scheme - updated

The Government announced the scheme to help employers obtain financial assistance to retain employees for an extended period of time, although offering no work, and avoid lay-offs. It is called the Job Retention Scheme and, whilst little information has been published as to how it will work, we have set out  what we do know and our insight into the practical implications. It is subject to continual review dependent on Government guidance.

Start date of Furlough extended

When the Chancellor originally announced the Covid-19 Job Retention Scheme (CJRS), it only covered employees who were employed on 28th February 2020, however following a review of the delivery system and to ensure the scheme helps as many people as possible, new guidance was published yesterday and the eligibility date has been extended to 19 March 2020– the day before the scheme was originally announced.

Under the scheme announced by Chancellor Rishi Sunak last month, employers can claim a grant covering 80% of the wages for a furloughed employee, subject to a cap of £2,500 a month.

Date set for the job retentions scheme

HM Revenue & Customs have now announced that the service launch for the online system that will enable employers to make claims in relation to furloughed employees will be on the 20th April 2020.

GUIDANCE FOR SELF-EMPLOYED INDIVIDUALS

The support is directed at the self-employed on lower incomes, with no support for those with average self-employed earnings in excess of £ 50,000. It allows a maximum sum of £2,500 per month or 80% of average earnings whichever is the lower.

VAT DEFERRAL & TIME TO PAY

The Chancellor announced a VAT payments deferral on 20 March to support businesses with cash flow during the COVID-19 pandemic.

This means that all businesses with a UK VAT registration have the option to defer VAT payments due between 20 March and 30 June.

You therefore have until 31 March 2021 to pay any VAT deferred as a result of this announcement.

If you require any further assistance concerning the Covid19 measures and how they will impact either you or your business please email covid19@moco.co.uk