HMRC will reimburse 80% of furloughed workers wage costs up to a cap of £2,500 per month per employee. The scheme will be in place for 3 months and if needed, be extended until the health crisis is over. Employer Q&A: Coronavirus Job Retention Scheme, your questions answered here.

HMRC are currently creating a new online portal so that all UK employers, regardless of size, will be able to seek assistance if they have employee(s) who have been designated as ‘furloughed’ workers, known as the Coronavirus Job Retention Scheme.

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As you know, the fallout from the Coronavirus pandemic continues, most businesses are adversely affected. 

Please see link here as regards to the support available. We have summarised below the main points for small businesses to help understand clearly the help available during these extraordinary times.

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Pub owners have reason to celebrate as the Government pledges to a £1,000 business rates cut for pubs.

Who can benefit from the rate cuts?

This valuable tax relief will be available to pubs with a rateable value of less than £100,000 available for a year from April 2020.

The welcome support to public houses is in addition to the previously announced cuts for small shops who will see their bills cut by 50 per cent.

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Let’s face it, who would want to be in Rishi Sunak’s shoes right now? Ok, he may have landed one of the most important jobs in the country as chancellor of the exchequer, but having to deliver one of the most important tasks of his job being only one month in? No easy task.

Our predictions for the 2020 Budget which will be delivered by Sunak on the 11 March.

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