Copy of Supporting one another through Covid-19

We are in difficult and unprecedented times. The Covid-19 Pandemic continues to evolve at pace and while we are keeping an extremely close eye on the latest government guidance, we want to assure you that Albert Goodman is fully committed to the health and well being of our staff and clients and that we will be doing everything we can to minimise disruption to client service

Steps we are taking

  • A remote technology IT system which allows our firm to work from home where necessary
  • The ability to use video conferencing technology such as Zoom to conduct meetings
  • A business continuity team which meets regularly to discuss and action our ongoing response
  • We have asked any staff member who displays any signs of cold or flu to stay at home and self-isolate
  • Staff members with underlying health conditions have been contacted and encouraged to work from home
  • We have taken the decision to ask staff to not attend networking events, and have postponed our own
  • Our IT team have set up phone infrastructure to allow calls to be re-routed to staff who are working from home
  • We will be opening up additional methods of communication to allow our clients to stay in contact
  • We will be posting as much up to date information on SME support as we can as the situation develops

Articles

Support for landlords and tenants during Covid-19

Understandably, the current situation is a concerning time for both landlords and tenants of residential and commercial property. Rent can be one of the biggest outgoings for a business or an individual, and with the UK in lockdown tenants may be struggling to meet rent payments. Support for landlords and tenants during Covid-19 Primarily the [...]

Tax breaks for Home Working

The Covid 19 situation has sent many workers home to their laptop in the spare room. This article looks at the tax implications of working from home and the tax free support which employers can provide to facilitate this. As we approach the time for filing P11D’s to report taxable benefits it is worth looking […]

HMRC change dedicated COVID-19 phone number

HMRC have changed the dedicated ‘phone number for the coronavirus helpline targeted at businesses and the self-employed to 0800 024 1222 to increase load capacity, Opening hours for the helpline will be 8am to 4pm Monday to Friday only. HMRC will be able discuss the specific circumstances to explore: agreeing an instalment arrangement; suspending debt […]

Furloughing a Director

It has finally been confirmed that a director can in theory be furloughed BUT whilst furloughed they can’t do any work which makes money for or provides services to the company apart from undertaking their statutory duties (e.g. filing accounts). This detail was only clarified yesterday and is clear from the CBI website – there […]

Deferral of VAT payments as a result of COVID-19

The Chancellor announced a VAT payments deferral on 20 March to support businesses with cashflow during the COVID-19 pandemic. This means that all businesses with a UK VAT registration have the option to defer VAT payments due between 20 March and 30 June. Businesses have until 31 March 2021 to pay any VAT deferred as […]

Albert Goodman can assist in raising finances for your business

I hope you’re all managing to stay healthy and coping as well as possible in these challenging circumstances. I am emailing to bring to your attention how Albert Goodman may be able to assist with the rapidly changing funding needs that businesses will face in the forthcoming weeks and months. Whilst many businesses are likely […]

New measures for the self-employed

The Chancellor has finally announced measures to help the thousands of self employed workers who are suffering from severe loses in income under the Self Employed Income Support Scheme.  The measures are similar to the help given to employees under the Job Retention Scheme, with a monthly taxable grant being payable of up to the […]

Self-employed await chancellor’s announcement

A long anticipated announcement is expected from the Chancellor this evening as new measures to help the self employed are finally introduced.  Whilst House of Lords amendments to the Coronavirus Bill made provision for a payment of 80% of net earnings over the last three years to be paid to the self employed and freelancers, […]

The Government unveils wage rescue plan.

On Friday 20 March, the Prime Minister, Boris Johnson, and Chancellor, Rishi Sunak  announced further unprecedented economic intervention as they vowed to stand together and support businesses and individuals in the fight against the Coronavirus. The packet of measures announced, in addition to those that have been announced previously, mean that the Government is delivering one [...]

Charities and extended accounts filing deadline for Covid-19

The Charity Commission have announced that any charities affected by Covid-19 (whether this is through lack of staff/trustees or increased activity) can request a filing extension for their annual return and accounts, which are usually due to be filed within 10 months from the charity’s year end. This can be done by calling the Charity [...]

Steps you can take

  • Communicate regularly with your employees to ensure that the latest government and Department for Public Health advice is taken on board
  • Test your IT infrastructure and put in place video conferencing technology such as Zoom or Skype to allow ongoing communication
  • Speak with your bank and or finance provider to get the support and flexibility you need in what is likely to be a challenging time
  • Contact your suppliers to understand their contingency plans for working around the virus

Covid-19 Business Support Team