Chancellor expands loan scheme for large firms

All large businesses with turnover of more than £45 million can apply for the coronavirus large business interruption loan scheme next week. Firms with a turnover of more than £45m are eligible for up to £25m, while businesses with a turnover exceeding £250m qualify...

One-month extension for furlough scheme

The Government has extended its furlough scheme that is keeping millions of employees in jobs until the end of June. Following last week's confirmation that the UK will remain locked down until at least the 7 May 2020, the job retention scheme is to stay open until 30...

Coronavirus job retention scheme goes live

A Government pay scheme to retain staff who have been placed on leave since 1 March 2020 has gone live, exactly a month after it was announced. The coronavirus job retention scheme will cover 80% of employees' wages, up to £2,500 a month, if they have been furloughed...

Coronavirus triggers surge in demand for wills

Huge demand for will writing services has been reported since the coronavirus pandemic hit the UK in March 2020. As the awareness of mortality amid the COVID-19 pandemic increases, an increasing amount of people want to get their affairs in order. However, not...

HMRC suspends some investigations

HMRC has paused some ongoing investigations as a result of being stretched to capacity during the coronavirus pandemic. The Revenue has temporarily stopped asking for information, documents and responses to queries during the lockdown. Some probes have been suspended...