COVID-19
In light of the Coronavirus (COVID-19) pandemic, the Prime Minister recently recommended that people should start working from home wherever possible. Businesses are attempting to deal with the outbreak by following World Health Organization (WHO) guidance on how to protect workers while continuing to operate normally and service customers.
At Oxon accountancy, we are rolling out a work-from-home programme to limit the potential spread of infection. I want to assure you that we are operating as normal. You should continue to use the usual email addresses and telephone number for support. You will continue to receive the exemplary levels of service that you have come to expect from Oxon accountancy, and we will be leveraging all the technologies at our disposal to engage and support you. Given the unique circumstances, meetings to finalise accounts will be done remotely and relevant information exchanged electronically.
We will be monitoring the situation regularly and our commitment to you during this situation remains as strong as ever. Thank you for your business and stay safe.
For your information, the Chancellor has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-19.
This includes a package of measures to support businesses including:
• a Coronavirus Job Retention Scheme
• deferring VAT and Income Tax payments
• a Statutory Sick Pay relief package for SMEs
• a 12-month business rates holiday for all retail, hospitality, leisure and nursery businesses in England
• small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief
• grant funding of £25,000 for retail, hospitality and leisure businesses with property with a rateable value between £15,000 and £51,000
• the Coronavirus Business Interruption Loan Scheme offering loans of up to £5 million for SMEs through the British Business Bank
• a new lending facility from the Bank of England to help support liquidity among larger firms, helping them bridge coronavirus disruption to their cash flows through loans
• the HMRC Time To Pay Scheme
https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses
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