by ClearwaysAccountants | Mar 27, 2020 | Contractor, COVID-19 Business Support
From The Treasury “Those who pay themselves a salary and dividends through their own company are not covered by the scheme but will be covered for their salary by the Coronavirus Job Retention Scheme if they are operating PAYE schemes.” HMRC have...
by ClearwaysAccountants | Mar 27, 2020 | Contractor, COVID-19 Business Support
We have received an update from HMRC about the 80% wages grant. There are still open questions. My thanks to the ICAEW COVID 19 hub for providing this summary of the position so far. Rules as outlined in official statements released at 23 March 2020: Furloughed...
by ClearwaysAccountants | Mar 27, 2020 | Contractor, COVID-19 Business Support, Self Employment
The Chancellor announced the self-employment income support package today. See the details below, as provided from the Government Business Support web page What is it? The Self-employment Income Support Scheme (SEISS) will support self-employed individuals (including...
by ClearwaysAccountants | Mar 23, 2020 | Contractor, COVID-19 Business Support
We will struggle to answer your questions individually especially as details are thin on the ground. I am sending out blogs and newsletters as I get the information. From the Chancellor on Friday, with added comments from Clearways Accountants “Today I can...
by ClearwaysAccountants | Mar 23, 2020 | Contractor, COVID-19 Business Support
Government assistance to businesses Tax Helpline There is a new helpline to offer help and support to any business or self-employed individuals that are concerned about paying their tax due to COVID-19. HMRC will discuss your specific circumstances with a view to:...
