Coronavirus
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May- 2020 -1 May
Covid-19 – Funding options and survival tips to keep the jewellery industry afloat
No business has been immune from the effects of the Covid-19, but the jewellery sector has in some ways been particularly vulnerable to the economic challenges posed by the virus. While firms in many sectors have been able to adapt to the circumstances by shifting to new and unfamiliar delivery…
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Apr- 2020 -28 April
How to clean your jewellery at home
In the midst of the coronavirus pandemic, it’s now more important than ever to clean your jewellery and make sure that it’s free from germs and debris. Although jewellery stores are not currently open in line with BRC advice, it’s easy enough for you to clean your own jewellery at…
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6 April
VAT Deferral – What if I can’t get to the office? – MHA MacIntyre Hudson comments
The VAT deferral scheme is automatic but this fact has lulled some businesses into thinking they don’t need to complete a VAT return. It’s easy to think this is no longer necessary, especially as the national shutdown means many businesses can’t physically get to their offices, or have furloughed the…
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Mar- 2020 -30 March
Government relaxes insolvency rules
The government has announced a set of changes to help improve the insolvency system to enable companies undergoing restructuring to continue trading. The relaxed measures announced by business secretary Alok Sharma, will allow companies undergoing restructuring to continue to access supplies and raw materials. It has also temporarily suspended wrongful…
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27 March
What we know about furlough leave and the CJRS
HMRC published details of the Coronavirus Job Retention Scheme (CJRS) on 26.3.20 which are available here: https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme Key points include: Employees that employers can claim CJRS for For the purposes of CJRS, the definition of employee would include workers and agency workers provided they are subject to PAYE i.e. this…
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26 March
Wetherspoons’ boss was right to withhold wages
The media and the Twitterati have had a field day vilifying the founder and owner of pub chain Wetherspoons over his decision not to pay his staff in light of the coronavirus restrictions. Tim Martin had sent an email to his 43,000 staff saying he could not afford to pay…
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24 March
Coronavirus Job Retention Scheme – Advice for employers
The Job Retention Scheme is a huge incentive for companies to keep employees on payroll. To access the support companies need to classify employees as a furloughed worker, which means they should not undertake any work for the company while furloughed, including answering calls or emails. In exchange employers can claim a grant of…
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