COVID-19 Resources

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.

Covid-19 – Government Support Update

Coronavirus Job Retention Scheme (CJRS) The CJRS has been extended until 30 April 2021. Claims for furlough days in January 2021 must be made by 15 February 2021. You can no longer submit claims for claim periods ending on or before 31 October...

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Do You Have a Strategic Plan in Place for 2021?

We would encourage all business owners to take the time to prepare a 2021 strategic plan. If you have an idea of what you want your business to look like when it is running successfully, then you are in a position to drive your business towards the...

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New Lockdown Grants Announced

On 5 January 2021, the Chancellor announced one off top up grants for retail, hospitality and leisure businesses worth up to £9,000 per property to help businesses through to the Spring. In addition, there is a £594 million discretionary fund also...

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Business Planning Tips for 2021

Business planning for 2021 is more difficult as we cannot predict the date of a return to normality or what will happen with Brexit just yet, however there are some practical steps you can take to minimise potential disruption to your business: 1....

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How to Manage Cash Flow in Your Business

Planning ahead to boost your business’s resilience. During what would normally be the busiest period of the year for businesses in retail, hospitality and other sectors, many will now be keeping a close eye on their cash flow as they deal with the...

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Covid-19 Update and Government Spending Review

'ECONOMIC EMERGENCY HAS ONLY JUST BEGUN' In his spending review yesterday Rishi Sunak said the "economic emergency" caused by Covid-19 has only just begun, as he warned the virus would mean lasting damage to growth and jobs. Official forecasts now...

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Business Diversification – Implications for Tax

Many businesses turned chameleon during Covid-19, changing core business to adapt. But whether you’re a florist making face masks or a farm shop starting home deliveries, what about tax? If a business starts a new trade, it’s normally treated as a...

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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.