Updated Information on how small businesses and the self-employed can weather Covid 19 – May 19th, 2020

The Coronavirus Statutory Sick Pay Rebate Scheme is finally set to be open from May 26th, 2020!

This scheme allows small- and medium-sized businesses, with fewer than 250 employees, to be able to recover the costs of paying statutory sick pay for coronavirus-related illnesses. They will be able to claim for the funding for eligible periods of sickness from 13/03/2020.

There are guidelines about what you need to keep in order to make this claim – dates when the employee was sick, which dates are qualifying days, the reason they were off work and the employees NI number. You must keep all of these records for 3 years after you receive the payment for your claim. You can read more about how to check whether you are eligible here: https://www.gov.uk/guidance/claim-back-statutory-sick-pay-paid-to-employees-due-to-coronavirus-covid-19

The scheme will cover 2 weeks of SSP at a rate of £95.85/week and it covers all types of employment contracts: full-time, part-time, agency contracts, flexible and zero-hour contracts.

There is more information in the news briefing here: https://www.gov.uk/government/news/coronavirus-statutory-sick-pay-rebate-scheme-set-to-launch

I am continually monitoring the updates that the government and other business-related departments release and will continue to share that information for as long as I feel that it is beneficial to all businesses in the UK.

The information and policies are continually being updated by the government, so I urge you to keep on top of the information by visiting the relevant website for your area.

UK:
https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses
Scotland: https://www.gov.scot/coronavirus-covid-19/
Wales: https://gov.wales/business-and-employers-coronavirus
Northern Ireland: https://www.nibusinessinfo.co.uk/

I will be trying to keep myself as informed as possible and will share relevant information on my fb business page: https://www.facebook.com/ihelmenterprises/

Are you a UK Business Owner and use QuickBooks Online Simple Start, Essentials or Plus?  Are you unsure of how to use the software correctly?

If so, why not take a look at the 5-Day Online Video Training Course I have created to help UK Business Owners learn how to use the basic features of QuickBooks Online?

Over the course of 5-days, you will be guided through how to set up your products and services, how to set up for VAT, how to invoice customers and receive payments, how to track purchases and expenses, how to properly use the bank feed, and how to access some of the most common reports that every business needs.  You will have access to this course for life, so you can work at your own pace and keep going back to it!

For a one-off fee of £79.00, you will receive full access to the course and can continue to return back to it anytime you need to!

Visit: https://courses.ihelm-enterprises.co.uk/courses/the-basics-of-quickbooks-online-a-5-day-training-course/ to read more about the course and buy it today!


.