Chancellor Rishi Sunak’s Budget continues emergency support for the UK economy ravaged by the Covid-19 pandemic – and the figures are eye-watering. In the short-term, the emergency support – most notably the Coronavirus Job Retention Scheme – has been extended as the Government starts to unlock the economy over the coming months. The Chancellor opened

Summer Statement: A review of the Chancellor’s key announcements In a bid to minimise the economic impact caused by the coronavirus pandemic, yesterday (8 July 2020) the Chancellor made a summer statement mini-budget announcement to the nation. Whilst we welcome the government support and appreciate the governments’ efforts to support the economy, we again await

Offsetting covid-19 losses against previous year’s profits The economic fallout from the COVID-19 pandemic is already beginning to cripple even the most resilient of markets, and thus threatening national and global growth.  In the three months that the UK has spent in lockdown, we’ve witnessed businesses of all sizes dramatically slow down, if not completely

COVID-19 Financial Support: Updates to Furlough and Self Employment Income Support Schemes Over the course of the last month, there’s been a lot of speculation about how long the government can continue to financially support individuals and businesses across the UK. Whilst many of the rumours weren’t backed up by facts, one particular speculation was confirmed

Small Business Funding: What you need to know about the top-up to local business grant fund scheme. On May 1st, the Government announced it would be introducing further support for small or micro businesses which had been left out of the original support schemes such as the Small Business Grant Fund or the Retail, Leisure

Furloughing: Everything you need to know as an employer There’s no denying that the UK is facing one of the biggest peacetime economic shocks its ever faced and as a result, businesses of all sizes have been presented with sudden financial constraints. But, in a bid to support businesses throughout the COVID-19 pandemic and reduce the

COVID-19 Self-employment Survey The new Coronavirus, officially name COVID-19, was first declared a pandemic by the World Health Organisation on 11TH March 2020, when the number of affected countries and individuals drastically increased. As confirmed by Chancellor Rishi Sunak, this has caused the biggest peacetime economic shock the UK has ever faced. Because of this,

COVID-19: Support for the self-employed   The new coronavirus, officially name COVID-19, was first declared a pandemic by the World Health Organisation on 11TH March 2020, when the number of affected countries and individuals drastically increased. Given how much the virus has spread across the UK, the stimulus package announced during the 2020 Budget is no

COVID 19 Business Support: The Latest Updates As the COVID-19 pandemic continues to escalate, the government is continuously introducing measures to support businesses across the country in a bid to protect the UK economy. With information circulating the internet, it can be difficult for businesses to follow exactly what is available to them. So, following

COVID-19: Things have changed, but we’re here for you!   With the continued uncertainty surrounding COVID-19, we would like to reassure you that we are committed to ensuring the safety of all our clients and teams at Shenward. The welfare of our clients and teams is of paramount importance and we are closely following Public

Government support during COVID-19 pandemic: Your questions answered The new coronavirus, officially name COVID-19, was first declared a pandemic by the World Health Organisation on 11TH March 2020, when the number of affected countries and individuals drastically increased. Given how much the virus has spread across the UK, the stimulus package announced during the 2020

The 2020 Budget – Predictions and Potential Changes Every year, the government reveals its plans on how to spend public money and collect tax for the next financial year beginning 5 April, and usually does so around the beginning of March. However, this year, rumours emerged that the resignation of Chancellor Sajld Javid may cause