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.

New Job Support Scheme Announced

Today Chancellor Rishi Sunak announced a new Job Support Scheme starting 1 November 2020 to replace the current Job Retention (“furlough”) Scheme which ends 31 October 2020. All small and medium-sized businesses are eligible, larger businesses must...

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Getting On Top of Self-Assessment

Why 2019/20 is the year to get it done early. With everything that’s happened so far this year, it might be easy to forget your obligations to file a Tax Return for 2019/20 by midnight on 31 January 2021. The Coronavirus pandemic and subsequent...

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Business Recovery Grants Update

In July, the Minister for Regional Growth and Local Government announced £20 million new government grants to help smaller and medium sized businesses recover from the effects of the coronavirus pandemic. Thousands of smaller businesses in England...

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Why Cash Flow Forecasting is Vital Post Lockdown

Now that businesses are starting to re-open, long-term cash flow forecasting is crucial to your business going forward to ensure you thrive and can weather any storm – cash flow is a powerful decision tool and is what will see you through the new...

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Coronavirus Job Retention Scheme Update

The CJRS grant claim changed again on 1 September. Please talk to us if you would like us to help estimate your claim. • From 1 September CJRS will pay 70% of usual wages up to a cap of £2,187.50 per month for the hours furloughed employees do not...

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CBILS and BBL Update

Coronavirus Business Interruption Loan The government has given banks extra time to grant state-backed loans to medium-sized and larger businesses in an extension of Covid-19 support packages until 30 November. The original deadline for CBILS was...

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Government Job Retention Bonus

The government is introducing a new Job Retention Bonus to provide additional support to employers who keep on their furloughed employees in meaningful employment, after the government’s Coronavirus Job Retention Scheme ends on 31 October 2020. The...

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Chairs, Tables and Tax: working from home

The coronavirus (COVID-19) has seen an upsurge in homeworking. For many people, there are questions on the tax on the equipment required. What if I contribute to employee costs? You can look to reimburse some specified costs incurred by employees...

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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.