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.
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...
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...
Government Launches New Bounce Back Loan Scheme for Small Businesses
Chancellor, Rishi Sunak, has announced a new Bounce Back loan scheme, allowing small businesses to apply for a loan of up to £50,000, with the government guaranteeing 100% of the advance. Small businesses can apply for a minimum of £2,000 up to a...
COVID-19: Update on Government Support Schemes
The HMRC application portal opened on 20 April for businesses to submit details of furloughed employees. On the first day the website was very slow, but this seems to have settled down. There have been several issues uploading the data to the...
COVID-19: Business Survival Guide
The government has stepped in to provide support to certain areas of the economy but even with this becoming available in the coming weeks, some of us will need advice on how to survive the lock down. Here are our thoughts. 1. Apply for all...
Updated: Coronavirus Business Interruption Loan Scheme (CBILS)
HM Treasury has announced that Chancellor Rishi Sunak is taking further action to support firms affected by the coronavirus crisis by bolstering business interruption loans for small businesses and announcing a new scheme for larger companies. The...
Coronavirus Self-Employment Income Support Scheme (CSEISS)
Chancellor Rishi Sunak has announced measures to support the self-employed and partnerships. The scheme is called the Coronavirus Self-employment Income Support Scheme (CSEISS). If you have suffered a loss in income, a taxable grant will be paid to...
COVID-19: Access to Emergency Funding for Businesses
As the UK goes into lockdown, business owners across the UK are experiencing cash flow issues due to the COVID-19 pandemic. At Horsfield & Smith we are here to help and support you through this difficult time – we can assist you with: • putting...
COVID-19: Businesses Granted a Three Month Extension to File Accounts
In a bid to help businesses during the coronavirus pandemic, HMRC has joined forces with the government to give businesses a three month extension from, 25 March 2020, to file their accounts to help them avoid paying penalties. Businesses can apply...
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.
