Insights
Job Retention Scheme: Holiday & Holiday Pay Update
The UK government has published an update on workers’ entitlement to holiday and holiday pay during the coronavirus pandemic with some further clarity on whether an employer can require a worker to take holiday whilst on furlough. Whilst the guidance is not legally...
Micro-business Hardship Fund to Open
Further details on the fund to support micro-businesses and social enterprises unable to access other regional and national COVID-19 support measures have been announced. £40 million is available through the fund, which is administered by Invest NI on behalf of the...
Exemption for Reimbursed Home Office Expenses
Whilst Government advice is still to work from home where you can, we are all having to adjust to new surroundings. In an attempt to make working from home as easy as possible, a new temporary tax and National Insurance exemption has been announced, to allow employers...
Insights From Our Team: Chris Bradley
This week we caught up with Tax Manager Chris Bradley to find out how he has found the past few weeks of lockdown life. “The last few weeks have definitely been a learning curve, but a good one. We have a baby at home, he isn’t even a year old yet, and he’s been very...
Job Retention Scheme Update
The Chancellor has extended the Coronavirus Job Retention Scheme for four months until the end of October after promising that there will be no "cliff-edge" end to the furlough scheme.The scheme will continue in its current form until the end of July and the changes...
Insights From Our Team: Karen Kirk
Here at Baker Tilly Mooney Moore, we, just like thousands of other businesses across Northern Ireland, are getting used to working from home. Here, we catch up with Audit and Accounts Manager, Karen Kirk, about what the last few weeks during the Covid-19 ‘lockdown’...
Microbusiness Hardship Fund Announced
A new fund aimed at microbusinesses which require financial support due to the impact of COVID-19 and which have not been able to access the existing government support schemes will be introduced. £40 million has been allocated to the fund and it is expected that...
Self-Employment Income Support Scheme – What To Do Now
The online service to claim a grant through the Self Employment Income Support Scheme will open on 13 May. As we have previously advised, the scheme will allow those in Partnerships as well as Sole Traders that have been adversely affected by COVID-19 to claim a...
Coronavirus and the Leadership Challenge
by Donal Laverty, Consulting Partner The technical aspects of COVID-19’s challenges are perhaps the most straight forward – the NHS has re-configured itself, resources (mostly) are being allocated, and increasing amounts of data are being gathered to guide decisions....
£10,000 Small Business Grant Scheme Extended
Small businesses that occupy a rental property can now apply for the £10,000 Small Business Support Grant Scheme. The purpose is to benefit the business and not the landlord or managing agent who is responsible for paying the rates. To date 18,508 payments have been...
Insights from Our Team: Darren Bowman
At Baker Tilly Mooney Moore, we, just like thousands of other businesses across Northern Ireland, are getting used to working from home. We catch up with Darren Bowman, our Restructuring and Insolvency Director to find out what the last few weeks during the Covid-19...
Bounce Back Loan Scheme Announced
The government has announced a new loan scheme for small businesses. Through the Bounce Back Loan scheme, businesses will be able to borrow between £2,000 and £50,000 with the scheme 100% government backed. The application process will open on 4 May and will be...
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