In a snap survey carried out by Love Hastings over half of the hospitality businesses who responded said the current ‘Plan B’ restrictions may cost them an average of around £10,000 each in lost takings over the Christmas period alone. The survey was triggered by a call from the UK Hospitality trade association to ask…
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If you do need to go out for essential medical supplies, visit the bank, or get some food in there are still plenty of options in Hastings town centre. Whilst non-essential shops have closed down for the duration of the lockdown, many others remain trading – although hours will sometimes be limited. There are also…
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The government’s step by step guide explains the information that employers need to provide to HMRC to make a claim through the Coronavirus Job Retention Scheme (CJRS). It also describes the processes involved. Please note that if you are an employer making a claim, you need to follow the processes explained in the guidance page…
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Just to flag a couple of updates to the .GOV.UK COVID-19 business support pages: Coronavirus Job Retention Scheme: Further clarification following queries received, including: Confirmation of what should form the basis for furlough pay for employees furloughed on return from (maternity/paternity/shared parental/adoption/sick/parental bereavement) leave; Confirming employees subject to TUPE transfer/business reorganisation/ payroll consolidation can be furloughed;…
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In response to concerns about a possible increase in break-ins to commercial property the Business Improvement District (BID) has negotiated with the council and police to allow the security firm which operates the town’s weekend taxi marshal service to switch to mobile patrols. The BID has also teamed up with the Hastings Area Business Crime…
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The Self-employment Income Support Scheme (SEISS) will support self-employed individuals (including members of partnerships) whose income has been negatively impacted by COVID-19. The scheme will provide a grant to self-employed individuals or partnerships, worth 80% of their profits up to a cap of £2,500 per month. HMRC will use the average profits from tax returns…
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What is it? If your business is in the retail, hospitality or leisure sector, you will receive a cash grant of up to £25,000 per property. Businesses in these sectors with a property that has a rateable value of £15,000 and under may be eligible for a grant of £10,000. Businesses in these sectors with…
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Under the Coronavirus Job Retention Scheme, all UK employers with a PAYE scheme that was created and started on or before 28 February 2020, will be able to access support to continue paying part of their employees’ salary for those that would otherwise have been laid off during this crisis. This applies to employees who…
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The temporary Coronavirus Business Interruption Loan Scheme supports small and medium-sized businesses with access to loans, overdrafts, invoice finance and asset finance of up to £5 million and for up to six years.
What is it? All businesses and self-employed people in financial distress, and with outstanding tax liabilities, may be eligible to receive support with their tax affairs through HMRC’s Time To Pay service. These arrangements are agreed on a case-by-case basis and are tailored to individual circumstances and liabilities.
What is it? The Government is providing additional funding for Local Authorities to support small businesses that already pay little or no business rates because of small business rate relief (SBRR), rural rate relief (RRR) and tapered relief. This will provide a one-off grant of £10,000 to eligible businesses to help meet their ongoing business…
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What is it? Businesses in the retail, hospitality and leisure sectors in England will not have to pay business rates for the 2020-21 tax year.
We will support businesses by deferring Valued Added Tax (VAT) payments due between 20 March 2020 and 30 June 2020.
What is it? The Government will bring forward legislation to allow small and medium-sized businesses to reclaim Statutory Sick Pay (SSP) paid for staff sickness absence due to coronavirus. This refund will cover up to 2 weeks’ SSP per eligible employee who has been off work because of coronavirus.
