All non-essential shops expected to reopen from 15 June

All non-essential shops expected to reopen from 15 June

All non-essential shops expected to reopen from 15 June

The Prime Minister, Boris Johnson has announced that all non-essential retailers in England will be able to reopen from 15 June but added the caveat that this is “contingent on progress in the fight against coronavirus”.  In addition, retailers must follow the new guidelines set-up to protect shoppers and workers, the guidance can be found here.

 

What new measures can we expect when non-essential retail opens?

 

  • Closed changing rooms, toilets, and cafes
  • One-way systems
  • Shoppers will be restricted on touching merchandise
  • Limiting the number of customers in the store
  • Any service that requires close contact should remain closed, for example, makeup demonstrations.

 

We can also expect new rules such as quarantining merchandise after they have been touched or returned for at least 72 hours before going back on to the shelves. Opening hours to be staggered on high streets and busy shopping centres in order to reduce the number of people using public transport and to help maintain physical distancing.

 

It is important to note that hairdressers, nail bars, beauty salons, and the hospitality sector will remain closed.

 

Read here for more information: https://www.gov.uk/government/news/prime-minister-sets-out-timeline-for-retail-to-reopen-in-june

 

How we can help

 

Hawsons has a dedicated team of specialist retail, wholesale, and e-commerce accountants in Sheffield, Doncaster, and Northampton.

 

Our specialist team offers a wide range of services that are tailored to meet your individual needs. Our understanding of the issues faced by the retail, wholesale, and e-commerce sector means that we can proactively seek out ways for you to maximise your profitability and minimise your tax liabilities.

More from our retail experts

You can find all of our latest retail sector news and newsletters here.

If you are looking for advice in a particular area, please get in touch with your usual Hawsons contact.

Alternatively, we offer all new clients a free initial meeting to have a discussion about their own personal circumstances – find out more or book your free initial meeting here. We have offices in Sheffield, Doncaster and Northampton.

Free initial meeting

Pete Wilmer, Corporate Finance Partner

Pete Wilmer

Corporate Finance Partner

0114 266 7141
Can Charities Claim Under the Small Business Grant Fund?

Can Charities Claim Under the Small Business Grant Fund?

Can Charities Claim Under the Small Business Grant Fund?

The Small Business Grant fund is aimed at businesses with ongoing fixed property-related costs and is primarily based on the rateable value of a property. The problem for charities is that many are already claiming charity business rates relief and so are not eligible for this grant.

 

However, on the 2nd of May the Government announced that an additional £617 million of grant funding was being made available through Local Authorities. The guidance for the Local Authority Discretionary Grants Fund has now been published.

 

The grant fund is available to small businesses that are not eligible for the Small Business Grant Fund or the Retail, Hospitality, and Leisure fund.

 

Local authorities may disburse grants to a value of £25,000, £10,000 or anything below £10,000. The value of each payment will be entirely at the discretion of the local authority. There is no reason why charities should not be able to access this funding given they are ineligible for the Small Business Grant Fund. Each charity will have to put its own case forward to the relevant Local Authority.

 

The government has asked Local Authorities to prioritise the following types of businesses with this funding pot:

 

  • Small businesses in shared offices or other flexible workspaces. Examples could include units in industrial parks, science parks and incubators which do not have their own business rates assessment;
  • Regular market traders with fixed building costs, such as rent, who do not have their own business rates assessment;
  • Bed & Breakfasts which pay Council Tax instead of business rates; and
  • Charity properties in receipt of charitable business rates relief which would otherwise have been eligible for Small Business Rates Relief or Rural Rate Relief.

 

Each local authority will need to publish their own clear guidance stating which types of businesses they will be prioritising.

 

How can we help

 

At Hawsons we have a dedicated team of specialist charity & not-for-profit accountants at our offices in Sheffield, Doncaster, and Northampton. Our dedicated team fully understands the complex, ever-changing regulatory requirements of the charity and not-for-profit sector. Irrespective of your size we wish to support you to maximise the benefits you could achieve through our specialist professional advice.

 

To find out more about our charity and not-for-profit accountants visit our website here.

More from our charity experts

You can find all of our latest charity sector news and newsletters here.

If you are looking for advice in a particular area, please get in touch with your usual Hawsons contact.

Alternatively, we offer all new clients a free initial meeting to have a discussion about their own personal circumstances – find out more or book your free initial meeting here. We have offices in Sheffield, Doncaster and Northampton.

Free initial meeting

Simon Bladen

Partner, Sheffield

0114 266 7141
Coronavirus Statutory Sick Pay Rebate Scheme

Coronavirus Statutory Sick Pay Rebate Scheme

Coronavirus Statutory Sick Pay Rebate Scheme

If you are an employer, you may be entitled to use the Coronavirus Statutory Sick Pay Rebate Scheme.

The government is set to launch this online scheme on 26 May 2020. This scheme is aimed at small and medium-sized businesses. This scheme will enable businesses to reclaim Statutory Sick Pay (SSP) costs incurred that were related to Coronavirus.

 

Who can use the scheme?

Employers can make use of this scheme if:

  • You’re claiming for an employee who’s eligible for sick pay due to coronavirus
  • You have a PAYE payroll scheme that was created and started on or before 28 February 2020
  • You had fewer than 250 employees on 28 February 2020

Employers can claim for the Coronavirus Job Retention Scheme and the Coronavirus Statutory Sick Pay Rebate Scheme for the same employee, but not for the same period of time.

The repayment will cover up to 2 weeks starting from the first qualifying day of sickness if an employee is unable to work because they either:

  • Have coronavirus symptoms
  • Cannot work because they are self-isolating because they live with someone who has symptoms
  • Are shielding and have a letter from the NHS or a GP telling them to stay at home for at least 12 weeks

Before 6 April the weekly rate of SSP was £94.25, and after 6 April the weekly rate of SSP is £95.85. If you pay your employee more than the weekly rate of SSP you can only claim up to the weekly rate paid.

For more guidance please visit the government website here.

 

How we can help

At Hawsons we have a dedicated team of accountants at Sheffield, Doncaster, and Northampton. We have over 165 years of expertise in accounting, if you would like to find out more about Hawsons please visit our website here.

More from our payroll experts

You can find all of our latest payroll articles here.

If you are looking for advice in a particular area, please get in touch with your usual Hawsons contact.

Alternatively, you can request a free initial payroll quote online here.

Free initial meeting

Simon Bladen

Partner, Sheffield

0114 266 7141
The Local Discretionary Grants Fund

The Local Discretionary Grants Fund

The Local Discretionary Grants Fund

The Department for Business, Energy & Industrial Strategy has set up a discretionary fund to accommodate small businesses outside the requirements for the business grant funds scheme.

 

Who is this scheme aimed for?

This scheme is aimed at small businesses with ongoing fixed property-related costs. Alok Sharma, the Business Secretary, and Simon Clarke, the Minister for Regional Growth and Local Government spoke to local authorities in England to set out the scheme in which £617 million would be made available. Alok Sharma and Simon Clarke asked the local authorities to prioritise businesses in shared spaces. For example, market traders, small charity properties that would meet the criteria for Small Business Rates Relief. Plus, bed and breakfasts that pay council tax instead of business rates.

 

Which businesses are eligible for this scheme?

To be eligible for this scheme your business must qualify as a small business (or micro business). These requirements are as follows:

  • Under 50 employees
  • Turnover of no more than £10.2 million
  • Balance sheet total not more than £5.1 million

You must also show that your business has seen a significant decrease in income due to Coronavirus lockdown measures.

This grant funding has been set-up for businesses that are not eligible for any other support schemes. Therefore, businesses that have received cash from any central government COVID-related scheme are ineligible for funding from the Discretionary Grants Fund. These schemes include but not limited to:

  • Self-Employment Income Support Scheme
  • Small Business Grant Fund
  • Retail, Hospitality and Leisure Grant
  • The Fisheries Response Fund
  • Domestic Seafood Supply Scheme (DSSS).
  • The Zoos Support Fund
  • The Dairy Hardship Fund

There will be three levels of grant payments. The top-level being £25,000, the second level will be £10,000. On the third level, local authorities will have the discretion to make payments of any amount of under £10,000. Local councils will need to adapt this approach to local circumstances. Local Authorities have been given discretionary guidance for the Grant Funding schemes which can be found here.

 

How do I apply for the grant?

This fund is going to be allocated to your local authority. Your local authority will open some sort of application process. This is because potential beneficiaries will likely not be known by local authorities. They will then decide on their own discretion criteria which businesses will be eligible for this grant. Therefore, an application process will be required.

If you think that your business is eligible for this grant, please visit your local authorities’ website regularly for details of the availability of grants, the criteria for the grants, and the process for making applications.

It is important to note that the grants are taxable.

 

How can we help?

At Hawsons we have a dedicated team of accountants at our offices in Sheffield, Doncaster, and Northampton. We have over 165 years of expertise in accounting and provide services for businesses over 12 sectors.

 

More from our tax experts

You can find all of our latest tax articles and tax resources here.

If you are looking for advice in a particular area, please get in touch with your usual Hawsons contact.

Alternatively, we offer all new clients a free initial meeting to have a discussion about their own personal circumstances – find out more or book your free initial meeting here. We have offices in Sheffield, Doncaster and Northampton.

Free initial meeting

Martin Wilmott

Partner, Doncaster

01302 367 262
Government Road Map for Exiting Lockdown Summary

Government Road Map for Exiting Lockdown Summary

Government Message

The Prime Minister’s speech on Sunday evening set out the latest plans to try and get people back to work, as long as it can be done safely. People who cannot work from home, such as those in the construction and manufacturing industry are now being “actively encouraged” to go to work if possible.

 

Road Map

Step 1 – Work

(all information provided in step 1 is applicable from Wednesday 13 May in England only)

Employees that are currently working from home should continue to do so for the foreseeable future wherever possible. If this is not possible you should travel to work if your workplace is open. The areas of the economy that are currently allowed to open are as follows: “production, construction, manufacturing, logistics, distribution and scientific research in laboratories. The government are still enforcing that businesses in hospitality and non-essential retail remain closed during this step of the government plan. Businesses that do decide to reopen must follow the new “COVID-19 Secure” guidelines.

The government has reiterated that if you have any symptoms of the virus you and your household should self-isolate.

 

Schools

Children of key workers should still attend school. The government is looking into clarifying guidance around paid childcare. Nannies and childminders can start to work if they meet the public health principles in Annex A of the Government Road Map document. Which can be found on page 49 of the UK Government’s COVID-19 recovery strategy. This will hopefully make it easier for parents to return to work.

 

Travel

Whilst traveling to work or making other essential journeys it is important to avoid public transport if possible. Instead, you should cycle, walk, or drive to work or for essential journeys. If this is not possible and public transport is your only option, you must follow social distancing guidance. If your journey is not essential you must not make the journey.

 

Face-coverings

The government is advising that people should now where face-masks in enclosed spaces where social distancing is not possible and where you will come into contact with people you would not normally meet. The government advises that you should wear a face mask when on public transport.

 

Step 2  

Step 2 will not be implemented until 1 June 2020 at the earliest. The exact date of when this will be imposed will be assessed on the current risk posed by the coronavirus.

A phased return to school – The government advises that schools should prepare to open for 1 June for reception, Year 1, and Year 6.

Opening non-essential retail – only if its safe do and so and retailers can follow the new COVID-19 secure guidelines.

Permitting cultural and sporting events to take place behind closed doors.

Re-opening additional public transport in urban areas. (subject to measures)

 

Step 3

The government has said that this step will not be implemented until 4 July at the earliest.

The purpose of this step is to attempt to reopen at least some of the remaining businesses such as personal care, hospitality, public places, and leisure facilities.

 

Concluding comments

These steps are the first ones to be taken to try and get the economy back on track. Ultimately it is still unknown whether these steps will be taken at the provisional dates set out by the government which is subject to change depending on the infection rate and capacity of the NHS. We will update you further as more information becomes available.

Free initial meeting

Simon Bladen

Partner, Sheffield

0114 266 7141