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SEISS (Self-Employment Income Support Scheme

Second SEISS grant explained

To qualify for the second SEISS grant the business must be adversely affected by the coronavirus pandemic on or after 14 July 2020. So, what will this mean in practice? The Chancellor’s announcement on 29 May told us the SEISS (Self-Employment Income Support Scheme) would be extended with a second tranche of money available from 17 August. Further details on this second grant were released […]

Coronavirus Job Retention Scheme the facts

Coronavirus Job Retention Scheme the facts

As part of its response to the COVID-19 pandemic the government introduced the Coronavirus Job Retention Scheme and here are some facts. The scheme allows all UK employers with employees on a PAYE scheme to designate those employees as ‘furloughed workers’. Employers have access to Government support to continue paying part of these furloughed employees’ salaries and potentially protect the employees from redundancy. The first phase […]

wider reopening of The Hollies Bookkeeping offices

The wider reopening of The Hollies Bookkeeping offices

We just wanted to update you about the wider reopening of The Hollies Bookkeeping offices. We are slowly re-opening up our physical offices from next Monday, 15th June!   At the moment we are looking at having the office open 3-4 days a week.   Clients will need to call first to ensure their bookkeeper is available and arrange a convenient day and time to […]

The new Statutory Sick Pay Rebate Scheme

The new Statutory Sick Pay Rebate Scheme

The new Statutory Sick Pay Rebate Scheme, launching on 26 May, will enable employers with less than 250 employees claim the new coronavirus-related Statutory Sick Pay (SSP). Tax agents like our experienced team here at The Hollies Bookkeeping Services can claim on your behalf, so please speak to us if you are unsure about what to do. Employers are eligible to use the scheme if: […]

A guide to the Self-Employed Income Support Scheme

A guide to the Self-Employed Income Support Scheme (SEISS)

The Self-employment Income Support Scheme (SEISS) is a temporary scheme set up by the government to help self-employed people. It was initially set up for three months, but it may be extended, to help the self-employed survive the coronavirus pandemic. While you’ll still owe Income Tax and National Insurance on any money you get through the SEISS, it’s a grant rather than a loan. This […]

self employed tips for coronavirus

Tips for the self-employed on how to thrive during Coronavirus

The Coronavirus pandemic has shone a light on the difficulties faced by freelancers, so we want to provide some tips for the self-employed on how to thrive. Ordinarily the self-employed are not entitled to the same benefits as employed people, such as sick pay. Currently, they may also lose income as companies start to cut costs and stop using freelance help. Check your savings We […]