Information and resources for business owners and individuals

This hub is designed to help you keep up-to-date with the latest government announcements and to provide useful information for business owners and individuals on how COVID-19 may affect you and your business.

Businesses Need to Reinstate VAT Direct Debits

The deferral of VAT payments due to coronavirus comes to an end on 30 June and businesses need to take action to reinstate their direct debit mandates. The Institute of Chartered accountants in England and Wales (ICAEW) Tax Faculty has reminded its...

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IR35 – Change on Hold

The IR35 rules had been set to take effect from 6 April 2020, however, they are now on hold until 6 April 2021. This is to help the business community cope with the impact of the coronavirus (COVID-19), and the government emphasises that it is a...

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Government Launches Statutory Sick Pay Rebate Scheme

Employers can now make claims through the Coronavirus Statutory Sick Pay Rebate Scheme. On 26 May 2020 the government announced a new online service for small and medium-sized employers to recover Statutory Sick Pay (SSP) payments they have made to...

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The Coronavirus Job Retention Scheme (CJRS) is Changing

UK Chancellor Rishi Sunak outlined changes to the furlough scheme during the daily press briefing (29 May 2020). The Chancellor stated that in June and July the furlough scheme will continue as before, but employers will be asked to cover National...

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Covid19 – Time to Reflect and Plan Ahead

As we emerge slowly from lockdown, now is a good time to take stock of things and look ahead to how we can run our businesses with the “New Normal” environment we face. What is clear is that some form of social distancing will remain, and many...

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Working from Home During the Coronavirus

Can employees reclaim any expenses? On Monday 16 March 2020, Prime Minister Boris Johnson told the public to work from home where possible in an attempt to contain the ongoing coronavirus outbreak in the UK. For more than 1.7 million people it was...

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Government Extends Furlough Scheme until October

In a boost to millions of jobs and businesses, Chancellor Rishi Sunak has extended the government’s furlough scheme until the end of October 2020. The decision was announced in the House of Commons on 12 May 2020, confirming there will be no...

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What is Your Post Lockdown Strategy?

Now is the time to think about how you are going to grow your business, after the lockdown. Set out your goals The current disruption being experienced by businesses across the world is a huge challenge. However, it may also be an opportunity for...

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What we can do for you

Find out more about the full range of business and tax advisory services Horsfield & Smith offers to businesses and individuals across Greater Manchester and the North West of England and see how we can help you achieve your goals for growth.