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News articles by MacDonald Accountancy Services Limited

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Coronavirus - help for the self employed

26th of March, 2020

Following the 5pm briefing today by the Chancellor, we now know what relief is available for the self employed. The good news is that there is something and the bad news is that it will only be paid from early June onwards - which slight...

25 March 2020 Update on business help

25th of March, 2020

The Covid 19 help for businesses is beginning to be available. Mortgage holidays are now on lenders' websites and seem easy to process - apart from long call times to get through. The Local Authorities have now put a...

Coronavirus Job Retention Scheme

21st of March, 2020

Some further clarification has come through from ICAEW concerning the 80% wages payments. Not quite so generous as it first appeared as it will not be paid for working employees, but only for those employees who are “furloughed” ie laid off wit...

Coronavirus Update

20th of March, 2020

Announced by the Government Small Businesses who do not pay rates will be able to access a Grant of £10,000. This will be paid by local authorities. Businesses will be able to access Business Interruption loans to help with Cashflow from Bank...

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