COVID-19 funding schemes

The Tax and HR experts of our Fee Protection Partners, Croner Taxwise, have crafted a handy factsheet on the government’s COVID-19 funding schemes. The interactive PDF shows each grant, incentive and programme currently available to UK businesses, with corresponding links to the government’s website where you can access the funding. Plus, there is info on […]

UPDATE: Furlough Scheme extended to 31st March 2021

UPDATE: Furlough Scheme extended to 31st March 2021 You’ve probably seen that the Chancellor of the Exchequer has extended the Job Retention Scheme until March 2021. For many employers, the extra funding will come as a big relief. But with the rules on furlough changing rapidly, you may need more information on how the extension […]


FURLOUGH SCHEME EXTENDED AND FURTHER ECONOMIC SUPPORT ANNOUNCED At the time of posting this update the Government have not yet published their guidance notes, below is a brief summary of the main points of the announcement made on 31st October 2020. Job Retention Scheme The Coronavirus Job Retention Scheme has been extended for a month […]

Changes to the Coronavirus Job Retention Scheme.

Changes to the Coronavirus Job Retention Scheme. This guidance page was updated on 12 June to include details on how the scheme will change from 1 July. Full details can be found by following this link: The first time you will be able to make claims for days in July will be 1 July, […]

Bounce Back Loans applications now open

Coronavirus bounce back loans The new Bounce Back Loans scheme is now open for applications. The scheme allows small and medium-sized businesses to borrow between £2,000 and £50,000 and access the cash within days. The government guarantees 100% of the loan and there won’t be any fees or interest to pay for the first 12 […]

Small Businesses Boosted by Coronavirus Bounce Back Loans

New 100% government backed loan scheme for small businesses available from 4 May 2020 Small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders. Loans will be interest and repayment free for the first 12 months. Businesses can apply online through a short and simple form […]

Which businesses and venues should be closed?

As a country, we all need to do what we can to reduce the spread of coronavirus. That is why the government has given clear guidance on self-isolation, staying at home and away from others, and asked that schools only remain open for those children who absolutely need to attend. On 23 March the government stepped up measures to […]

COVID-19: Directors on PAYE can furlough

HSA Associates is governed by the Institute of Chartered Accountants of England and Wales (ICAEW) and as such we have been waiting for their guidance on the subject of placing director owners on furlough. In summary: Company directors that receive salaries through PAYE can be furloughed and apply for a grant of 80% of their […]


The government has confirmed further details on the Coronavirus Job Retention Scheme. Below is a summary of the key details,: You need to get agreement from your employees to designate them as furloughed workers and reduce their pay to 80%, capped at £2,500 per month You can designate employees as a furloughed worker if they […]

Deferral of VAT payments

The Chancellor announced a VAT payments deferral on 20 March to support businesses with cash flow during the COVID-19 pandemic. This means that all businesses with a UK VAT registration have the option to defer VAT payments due between 20 March and 3‌0‌‌ June. You therefore have until 3‌1‌‌ March 2021 to pay any VAT […]


A range of business support measures have been made available to UK businesses and employees. This page helps businesses find out how to access the support that has been made available, who is eligible, when the schemes open and how to apply. Click Here


Self-employment Income Support Scheme On Thursday 26 March the government announced their intention to provide further support for the self-employed in the form of a taxable cash grant. The scheme allows individuals to claim a taxable grant worth 80% of their trading profits up to a maximum of £2,500 per month for the 3 months […]

Corona Virus – Staffing

Due to the current situation regarding the Coronavirus Pandemic, we are limiting the amount of time our staff spend in the offices and with respect to the required social distancing request by the Government,  we are aiming to ensure that no two members of our staff are in the office at the same time. We […]

Coronavirus Government Support

The Chancellor recently announced a massive bailout package to support small businesses and people during these unprecedented times.  Everybody needs to keep their eyes and ears open as new announcements are being made virtually on a daily basis. The package of measures to support business include the following:- a Coronavirus Job Retention Scheme – all […]