South Hams Business Finance and Employment Webinar

Local businesses will be running webinars that will provide practical information and advice on the following:-

• Business Funding & Finance
• Job Retention Scheme
• Employment issues (Furlough | Layoffs | Sick Pay)
• Self Employed
• Directors

Businesses in the South Hams and South Devon are invited to join these webinars (usually 30 minutes), FREE of charge. We recommend all our members join in and keep popping back here to see when the next webinar is being hosted.

Watch the daily webinar at 10.30 from James Twigger of Accounting4Everything here

Did you miss the webinar from Helena White (HR Dept), watch a video of the Webinar Here, also a new information video from HMRC

USEFUL INFORMATION (provided by Kingsbridge & Salcombe Chamber of Commerce 27/03/20)

The Chancellor has announced a new Self-employment Income Support Scheme to support self-employed people who have been adversely affected by COVID-19.

GOV‌.UK has further details about who is eligible for the scheme and how it will work.

Self-employed people do not need to get in touch with HMRC as the scheme isn’t yet open for applications. HMRC will contact eligible customers by the beginning of June, inviting them to apply.

Unfortunately, we are aware of an increase in scam emails, calls and texts. If someone gets in touch claiming to be from HMRC, saying that financial help can be claimed or that a tax refund is owed, and asks you to click on a link or to give information such as your name, credit card or bank details, please do not respond.

HMRC will never contact you out of the blue to ask for these details.

The government has also introduced the following help for the self-employed:

• Deferral of Self Assessment Income Tax payments due in July 2020 and VAT payments due from 20 March 2020 until 3‌0‌‌ June 2020
• Grants for businesses that pay little or no business rates
• Increased amounts of Universal Credit
• Business Interruption Loan Scheme
• Directors of their own company paid through PAYE, may be able to get support using the Job Retention Scheme

We will continue to share the most up to date information directly with you as it becomes available.

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