Insights

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...

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...

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’...

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...

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...

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....

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...

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...

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...

Government support for Directors is dependent on whether they are remunerated through PAYE or dividends. Stephen McConnell and his Business Services Team are working alongside Directors to look at implications of government support schemes for themselves as well as...

Are you an employee and still have questions? If you are eligible for the furlough scheme, your employer will continue to process your salary as normal. If you have recently changed jobs, you must have been included on your employer's RTI submission to HMRC on or...

Self-employed or in a partnership and still unsure as to how you are affected? The Self-Employment Income Support Scheme has yet to open for applications, however we know that those who receive more than 50% of their income through self-employment and whose trading...