We hope you’re refreshed by the beautiful sunshine this weekend and are ready to face the next few weeks with a new purpose. Saturday brought very little change to the Welsh lock-down, where as Sunday heralded a confusing ‘hokey-cokey’ step forward in England. Both announcements, covering topics like Furlough and return to work, were as usual, greeted with predictable praise and condemnation.
Furlough, Furlough, Furlough…
Yesterday the chancellor announced an extension to the furlough scheme to 31st October.
The scheme will continue in it’s existing format until 31st July with a more flexible scheme rolled out from 1st August. Further detail of the specific changes will be released by the end of May. Currently the main points are:
- coronavirus Job Retention Scheme will continue until end of October
- furloughed workers across UK will continue to receive 80% of their current salary, up to £2,500
- new flexibility will be introduced from August to get employees back to work and boost economy
- from the start of August, furloughed workers will be able to return to work part-time with employers being asked to pay a percentage towards the salaries of their furloughed staff.
With both health and business uncertainty, disruption remains our companion for months to come.
All we can do is adapt, adapt and keep adapting until our post covid reality reveals itself.
Despite our expectations of those in charge, in these uncharted waters no-one has a tried and tested map to dry land.
So what now
Batten-down the hatches and hope?
Follow familiar routes even though the horizon keeps shifting?
Use any information we have to change course as often as we need to, until we find dry land?
Tough choices for tough times- non with a cast iron guarantee.
Beacon of hope
However at Lewis Ballard we’re continuing to seek out solutions to help you survive and in time, to thrive again despite these challenges. With a little more foresight and clarity we believe we can all steady the ship and avoid those ice-bergs.
This is the time to actively plot your own course, to navigate your own way through these stormy seas. To help you we will soon be launching a life-raft of tools and insights to help you find the right direction, no matter how often the wind changes…
So keep watching this space.
Self Employed Income Support…
As more and more claims for SEIS go in, there have been a few glitches with the HMRC system. If you believe you are eligible and you have tried to make a claim, which failed, it would be worth trying again as this may have been due to a glitch.
Otherwise you may be one of the recently submitted tax returns which HMRC are still frantically adding to the system. They promise to complete this task by tomorrow evening.
Whatever you do, keep trying and if you still have no luck ring 02920735502 and let us know!
|Stay Safe Stay Healthy|