COVID-19 - Business as usual - Carter Backer Winter LLP

Insights

Coronavirus Job Retention Scheme (CJRS) updates: A further extension, making claims information public and notice periods no longer covered by the grant

On 17 December the Chancellor announced a further extension to the CJRS which will now run until the end of April 2021. At the same time it was also announced that the Budget will be held on 3 March and will set out the next phase of the plan to tackle the virus and protect jobs. The new end date for CJRS should give businesses sufficient planning time during March and April to consider their next steps with information given in the Budget.

23.12.20

Coronavirus - CBW: Business As Usual

Please click here to read our guidance on visiting CBW offices during COVID-19.

We at CBW are committed to supporting our clients as much as possible through these very difficult and uncertain times. We are of course reviewing and adapting to the changing COVID-19 guidance issued by the Government on a daily basis.

As part of our ongoing support, our experts will be bringing you articles with the most up-to-date advice to help businesses, employers and individuals navigate the changes and challenges.

We are aware that you may have specific questions and concerns that we may be able to help with, so please do not hesitate to get in touch with your usual CBW contact or please just contact a member of the team, who would be happy to help. We are here to help you as much as we can through this very difficult time.

COVID-19 articles:

Latest updates

In light of the Government often updating guidance on a daily basis, we’ve added our articles which detail the most up to date information here. All such articles link through to our more detailed notes below.

Government Extends Job Retention Scheme – Here are the Highlights

A guide to submitting a Self Employed Income Support Scheme Claim (SEISS)

COVID-19: Bounce Back Loan Scheme (BBLS)

Changes to CJRS after 30 June 2020 – Flexible Furlough and Employers’ Contributions

Latest Details of the Self Employed Income Support Scheme (SEISS) Announced

Flexible Furlough – How Does it Work?

COVID-19: The ‘New’ Workplace from an Accounting Perspective

Self Employed Income Support Scheme (SEISS) Update

Clawback of COVID-19 Support Payments – What You Need to Know

Tax

The Government is making changes to help businesses, employees and individuals; at present these are changing daily, and it is crucial to stay informed.

COVID-19: Support for businesses and employees

COVID-19: Help for the self-employed

A guide to submitting a Self Employed Income Support Scheme Claim (SEISS)

If you cannot pay your tax bill because of Coronavirus

Impact of COVID-19 on Estate Planning

Beware of the Tax Residency Trap! Risk of becoming a tax resident because of Coronavirus

Off-payroll rules delayed

COVID-19: Corporation Tax – changes in interest on underpaid quarterly installment payments

UK Tax Residency and its Impact on an Individual’s UK Tax Position

Domicile and its impact on an Individual’s Tax Position

COVID-19: Employee Expenses whilst Working from Home

Furlough Fraud puts Business Ethics to the Test

Coronavirus: Devolved Business Rates and Grants Across the UK

Assessments and Penalties of up to 100% Protecting Misuse of the COVID-19 Support Payments

An Update on the Self Employed Income Support Scheme (SEISS)

Flexible Furlough – How Does it Work?

If you have any tax related issues as a result of COVID-19, please do not hesitate in contacting a member of our tax team.

People

Employers are understandably becoming increasingly worried about the developing Coronavirus outbreak and the impact on their employees and business. We’ve put together some helpful Q&As to answer some of those more challenging questions.

Government Extends Job Retention Scheme – Here are the Highlights

Coronavirus: Q&As for employers, what steps do I need to take now?

Coronavirus Job Retention Scheme and Furlough 30.03.20

COVID-19: Job Retention Scheme – Government Releases Further Clarification 06.04.20

Directors and the Job Retention Scheme: Some Answers to Government’s Initial Guidance 07.04.20

Furlough: Government Announces Latest Guidance 15.04.20

Fourth version of the Job Retention Scheme 16.04.20

The Coronavirus Job Retention Scheme – What employers need to do to claim for furloughed employees 21.04.20

Gender Pay Gap Reports for 2019/20 – Deadline suspended due to Coronavirus outbreak

COVID-19: Employee Mental Health and Wellbeing

COVID-19: Health and Safety when Returning to Work

Government Launches Coronavirus Statutory Sick Pay Rebate Scheme

COVID-19: Redundancies

Summary of the Monthly Changes to the Coronavirus Job Retention Scheme (CJRS) and the Bonus

Please get in touch with our HR Consultancy team for any people related issues you may be facing.

Finance

We appreciate that many of you are fighting to keep your businesses going with the enormous changes imposed by the current lockdown.

COVID-19: Bounce Back Loan Scheme (BBLS)

An update on the Coronavirus Business Intervention Loan Scheme (CBILS)

Coronavirus Business Interruption Loan Scheme

Corporate Finance: COVID-19 Debt Advisory

Impact of COVID-19 on the Property Lending Market for Commercial Real Estate Owners, Buy-to-Let Investors and Real Estate Developers

Logistics M&A in the World of Coronavirus

Does your business need funding to survive and grow in this uncertain environment?

Has COVID-19 affected your view on the future ownership of your business?

Alternative Funding Options if Your Business is Not Eligible for CBILS

Please contact a member of our Corporate Recovery and Insolvency team Corporate Finance team for more advice.

Financial Planning

As the worldwide COVID-19 situation evolves, it is no surprise that investments have fallen and we are experiencing a period of extreme volatility.

Impact of COVID-19 on Estate Planning

Investments during COVID-19

COVID-19: An update on investments

COVID-19 and Life Planning

Please do not hesitate to get in touch with our Financial Planning team if you have any questions.

Audit & Accounts

Through our general practice and outsourcing teams, we are well placed to offer timely support in order to mitigate any delays in the filing of accounts.

COVID-19: The ‘New’ Workplace from an Accounting Perspective

COVID-19: Three month Companies House filing extension given to help businesses

COVID-19: FCA Filing Deadline Extensions

If you require assistance, please contact your engagement partner, Luke Metson or Dan Rose, who would be delighted to assist.

Please visit the NHS and Gov.co.uk dedicated website pages for more information and advice on the Coronavirus.

Insights

Coronavirus Job Retention Scheme (CJRS) updates: A further extension, making claims information public and notice periods no longer covered by the grant

23.12.20

Coronavirus - CBW: Business As Usual

COVID-19 articles:

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