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    COVID-19 Business support update

    COVID-19 Business support update

    Following our last update, the government have now updated their guidance on the Coronavirus Job Retention Scheme (also referred to as Furloughing) which can be viewed here:- https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme The government also made an announcement with regards to Self-Employment. We thought it would be useful to share our understanding of the Coronavirus Job Retention Scheme and the proposals set out with regards t
    Coronavirus Job Retention Scheme

    Coronavirus Job Retention Scheme

    There is a huge amount of uncertainty for employers at the moment and with the government still writing up new legislation a lot is still unclear. We are working with the information we have available and have put together a guide. Suddenly we are hearing the word ‘furlough’ being frequently used with employers unsure how to deal with this, we have put together an employer guide which might change once legislation is updated. There has been no announcement that the minimum wa
    RETAIL DISCOUNT SCHEME

    RETAIL DISCOUNT SCHEME

    The Government announced in the Queen’s Speech 2019 that it will provide a relief of one half of the business rate bill to all occupied retail properties with a rateable value of less than £51,000 in the year 2020-21. The intention is that all retailers (that meet the qualifying criteria) will receive the relief and not just those retailers that are in the high street or town centres. Qualifying Properties Properties that will benefit from the relief will be occupied heredita
    COVID-19 BUSINESS SUPPORT

    COVID-19 BUSINESS SUPPORT

    In light of the ever-changing situation around Covid-19, we wanted to share with you what support and help there is available. I personally got one of the last flights out of Spain on Monday night where they announced a complete country lockdown on Friday. Firstly, we want to assure all our clients we are happy to support you on a case by case basis without any additional charges. Rethink Accountancy is a fully digital, remote firm, so nothing will change in the service to yo
     

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