New measures to sort out late payers
Proposals have been outlined by government to ensure small businesses in the UK are paid on time. Currently £23.4 billion worth of late invoices are owed to small firms across Britain, impacting on businesses’ cash flow and ultimate survival.
Have you over-claimed for COVID related support grants?
Readers who may have inadvertently over-claimed grants, the furlough scheme for example, should remedy the situation before HMRC start pro-actively investigating claims.
The new Job Support Scheme
After much head scratching at the Treasury, the son of the furlough scheme has been unveiled. Aptly named the Job Support Scheme JSS). When the Coronavirus Job Retention Scheme finishes on 31 October 2020, employers will need to register for the JSS which is being made available for a six month period from 1 November 2020.
Over 100 towns to share £80m
The government has announced that over 100 towns in England will be given up to £1 million to kick start regeneration projects and give areas a boost.
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