Head count or productivity?
In the not to distant past business managers were prone to “empire building”. Increasing head count was more important than increasing productivity.
This bygone-age
Why are profits important?
Dictionary definitions of the word profit tend to include such synonyms as “advantage”, “financial gain” and “financial advantage”.
Longer
Furlough Scheme over-claims
HMRC’s guidance makes it clear that any business that makes an error in making a Coronavirus Job Retention Scheme (CJRS) claim must pay back any amount over-claimed. Any
Furlough Scheme maximum claims
As our readers will be aware, the Coronavirus Job Retention Scheme (CJRS), has been extended until 31 October 2020. There are a number of important changes to the way the scheme
COVID-19 business loan support statistics
HM Treasury has published its weekly update (to close of business on 7 June 2020) on COVID-19 lending schemes designed to support businesses impacted by the pandemic.
Under the
One step forward
The recent news that the lockdown is being eased for certain businesses is good news. Unfortunately, there are many other businesses that are still closed and unable to trade.
And
Bounce-back economy
Recent statistics published by HM Treasury confirm that £22bn of Bounce-Back Loans have been taken up by 700,000 small businesses across the UK. That is an average loan of
Changes to CJRS – Employer costs
HMRC’s guidance on the Coronavirus Job Retention Scheme has been updated a number of times as the workings of the scheme evolve. The most recent update, on 29 May 2020,
Eligible for extended self-employed scheme?
The Chancellor has confirmed that the Self-Employment Income Support Scheme (SEISS) is to be extended for a final three-month period to 31 August 2020. The maximum grant for the
Certain retail outlets given green-light to re-open
The government has started the slow process of reopening selected businesses as we continue to face restrictions in almost all aspects of daily life. The reopening of retail