Aaron Associates updates

Change of address from 1st July 2020

Please note we have moved to new premises from 1st July 2020.

 New address is:

 272 London Road,

Wallington,

Surrey,

SM6 7DJ

Our telephone remains same.

 

1st June 2020 - Changes to Coronavirus Job Retention Scheme (CJRS)

1st June 2020 - Changes to Coronavirus Job Retention Scheme (CJRS)

On 29 May 2020, the Chancellor Rishi Sunak announced further details of the changes to the Coronavirus Job Retention Scheme (the Scheme). We’ve outlined these below for you

Flexible furloughing

01 June 2020 – Extension to self-Employment Income Support Scheme grant - 70%.

01 June 2020 – Extension to self-Employment Income Support Scheme grant - 70%.

The scheme is being extended. Taxpayers / self-employed can claim for a second and final taxable grant of 70% in August 2020.  The final grant paid out in a single instalment covering 3 months, and capped at £6,570 altogether.

The online service for the second and final grant is not available yet. 

Please contact Aaron Associates on 020 8665 0767, for further help and explanation.

18th May 2020: How to request a review of entitlement – SEISS 80% grant

18th May 2020: How to request a review of entitlement – 80% Grant

18 May: Following the launch of the Self-employment Income Support Scheme (SEISS) the guidance on how taxpayers request a review of grant entitlement.

5th May 2020 - Self-Employment Income Support Scheme grant - 80%.

Self-Employment Income Support Scheme grant.

The scheme will allow taxpayers / self-employed to claim a taxable grant of 80% of the average monthly trading profits, paid out in a single instalment covering 3 months, and capped at £7,500 altogether.

Pre-application stage

Emails, SMS messages and letters are being sent to taxpayers who HMRC thinks may be entitled to claim the grant. These are expected to arrive during the week beginning 4 May 2020.

HMRC Business Support - Update COVID-19

BUSINESS SUPPORT BY THE GOVERNMENT - COVID-19

HMRC Tax helpline - 0800 024 1222

HMRC helpline for businesses or the self-employed is available on 0800 024 1222. This deals with time to pay, instalment arrangements, suspending debt collection proceedings, cancelling penalties and interest due to payment difficulties.

Claiming wage costs - Coronavirus Job Retention Scheme 

Update - Staff payments and reclaim - Coronavirus

I have staff off due to coronavirus (COVID-19), what should I pay and what can I reclaim?

This most common questions asked over the last few days, is regards paying employees statutory sick pay if they are off work due to coronavirus.

The guidance is changing on a daily basis and we will update our guidance published to remain in line with new Government guidance.

For the most up to date information and guidance from the Government, please regularly review the Government response page:

Support for businesses and employers

With the recent government announcements regarding COVID-19, we understand that you require the latest information in order to make sound business decisions. Our website includes information on the package of temporary, targeted measures to support businesses through this period of disruption caused by COVID-19. The package includes:

Coronavirus: further tenant protection announced.

Coronavirus: further tenant protection announced.

The Chancellor announced that commercial tenants unable to pay rent because of coronavirus would be protected from eviction. The Business Secretary Alok Sharma saw the need this afternoon to go further, by announcing further measures that are clearly intended to leave landlords in no doubt that more is required of them.

Aaron Associates telephone number 020 8665 0767.

22nd April 2020 - Coronavirus Job Retention Scheme (CJRS). – top 10 item clarification.

22nd April 2020 - Coronavirus Job Retention Scheme (CJRS). – top 5 items clarification.

Updated 22 April 2020: The Coronavirus Job Retention Scheme (CJRS) – Clarification by the HMRC:

1. What furloughed directors can do?

HMRC’s guidance says that furloughed directors can carry out duties which are necessary to fulfil statutory obligations they owe to the company.

2. Requirement for a national insurance number

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