Coronavirus Resources

JERROMS ACCOUNTANTS & BUSINESS ADVISERS

Coronavirus Resources

The Chancellor has set out a number of measures to support public services, people and businesses through the period of disruption and uncertainty caused by COVID-19.

The situation is fast changing and we are regularly updating clients with the latest announcements. Some guidance is still incomplete and we are waiting for the Government to issue further statements, but below you will find details of all the information that is currently available to us.

Please check back here again soon as we will share any further updates with you as they are released.

Support for Businesses

Business loans, rates and grants

Business loans, rates and grants

Here you can access further information on what is available to you as part of the Government's "unprecedented" support package for businesses.

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Managing your cashflow

Managing your cashflow

During these uncertin times, managing your cashflow will be your first priority. Here are some ways you can mitigate the impact of the coronavirus on your business.

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Submitting your accounts

Submitting your accounts

On Wednesday 25 March, it was announced that businesses in difficulty following the coronavirus crisis will be able to apply for a 3-month extension for filing their accounts.

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Changes to Financial Solvency Rules

Changes to Financial Solvency Rules

The Government plans to introduce emergency changes to overhaul insolvency laws and give “breathing space” to companies hit by the coronavirus crisis to help prevent mass failures.

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Support for innovative companies

Support for innovative companies

The Chancellor has announced a further £1.25 billion business package to support innovative new companies that are not eligible for coronavirus rescue schemes that are already available.

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Emergency funding for social sector organisations

Emergency funding for social sector organisations

A £100 million programme of loans and investment is being put together to help get emergency funding to social enterprises, charities and small businesses in disadvantaged parts of the UK.

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Are you an Employer?

Statutory Sick Pay (SSP) Relief Package for SMEs

Statutory Sick Pay (SSP) Relief Package for SMEs

The Government will make legislation to allow small and medium-sized businesses and employers to reclaim Statutory Sick Pay (SSP) paid for sickness absence due to COVID-19.

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Paying your PAYE and NI

Paying your PAYE and NI

If you are struggling to pay your PAYE and NI liabilities as a result of the disruption caused by COVID-19, then there is an option to defer payment - however, this is only available on application.

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Coronavirus Job Retention Scheme

Coronavirus Job Retention Scheme

Under the Coronavirus Job Retention Scheme (CJRS), all UK employers with a PAYE scheme will be able to access support to pay part of their employees' salaries.

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Advice for individuals and the self-employed

Self Employed Income Support Scheme (SEISS)

Self Employed Income Support Scheme (SEISS)

Those eligible for the SEISS can receive a taxable grant of up to 80% of their average monthly profits from the previous three years, with a cap of £2,500.

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Measures for the self employed

Measures for the self employed

Measures have been announced as part of the Government's "unprecedented" support package.

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Claiming Universal Credit

Claiming Universal Credit

Whilst not being eligible for Statutory Sick Pay (SSP), as a self employed individual you are able to claim Universal Credit, as long as you meet the eligibility criteria.

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3-month Mortgage Holiday

3-month Mortgage Holiday

The Government has implemented a mortgage payment holiday for up to 3 months for those struggling financially during this coronavirus crisis.

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Deferring your Income Tax payment

Deferring your Income Tax payment

If you have an Income Tax payment due in July 2020, you can choose to defer this until January 2021.

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Property Owners and Renters

Support for Property Owners and Renters

Support for Property Owners and Renters

The Government has announced measures to protect renters and landlords from the disruption and uncertainty caused by coronavirus.

Read more

Support for Businesses

Are you an Employer?

Advice for individuals and the self-employed

Property Owners and Renters

We're here to help

If you have any queries or concerns, please get in touch with your usual Jerroms contact on
0121 693 5000 (Solihull Office)
or 01527 833124 (Bromsgrove Office)
- we are here to help you in any way we can.

Get In Touch

Please get in touch if you want to talk more about how we can help you.
We offer an initial consultation free of charge which gives us the chance to meet and discuss your needs, with no obligation.

Accountants in Solihull

Lumaneri House, Blythe Gate, Blythe Valley Park, Solihull, B90 8AH

0121 693 5000

Accountants in Bromsgrove

Five Mile House, 128 Hanbury Road, Stoke Prior, Bromsgrove, B60 4JZ

01527 833124

Jerroms is a trading style of both Jerroms Business Solutions Limited 08923059 and Jerroms (Bromsgrove) Limited 08433008.
Registered office for each of these companies is: Lumaneri House, Blythe Gate, Blythe Valley Park, Solihull, B90 8AH