4 top tips on preserving your cash flow
Cash has always been king in running a business, especially when SMEs typically only have a 27 day cash buffer, according to JP Morgan. So as businesses struggle to cope with the effects of the coronavirus pandemic, we look at four key areas in maintaining a positive cash flow. Measure your position Thinking about the […]
What does the new tech start-up fund offer?
At the end of April, the government unveiled the Future Fund. This landmark scheme will issue convertible loans to normally quick growing tech startups that are suffering due to the COVID-19 crisis. The government sees the UK’s fastest growing and innovative companies as a key part of the recovery process. The government will make an […]
July Market Commentary
Looking back to the start of last month, June began optimistically as the Space X astronauts reached the International Space Station and ended on an even more upbeat note as Boris Johnson launched a ‘new deal’ for Britain and declared: “This is the moment to be ambitious.” All the major stock markets we cover in […]
Business owner? How to deal with the effects of coronavirus
Coronavirus has already had a devastating effect on firms across the globe. As the crisis continues to develop, how businesses respond now is the difference between weathering the storm and sinking the ship. A distinctive feature of enduring companies is the way their leaders manage crises in times like these. False optimism and actions that […]
Steps to avoid insolvency
As businesses struggle to survive the worst economic downturn in centuries, the Government is doing what it can to minimise the number of insolvencies. In the first two weeks after lockdown the Office of National Statistics reported that 25 per cent of companies temporarily stopped trading and 41 per cent of those still operating reduced staff. Westminster […]
May Market Commentary
Introduction Right now, even a week seems a long time in the news agenda. Remembering the end of March, when we wrote our last Market Commentary, feels like looking back into a different era. Reflecting back, how did we leave March? With the US having overtaken China as the country with the most confirmed cases […]
A guide for businesses impacted by Covid-19
Let DJH help guide your business through these uncertain times. Call us 01782 710101 to discuss the latest government measures introduced to assist your business. For more information on the below please click the button below to open our helpful guide or the titles to go to the relevant web page. View Guide 1. Job […]
COVID-19: Tax payments
To help individuals and businesses with cash flow the Government has deferred tax payments and updated the way some taxed as reported, we have also included some other measures that may be able to benefit you at this time, these include: VAT Business can defer any VAT payments which were due between 20 March and 30 June […]
COVID-19: Job Retention Scheme
On 20 March 2020, the Government announced that it will step in and help pay people’s wages with the introduction of a ‘coronavirus job retention scheme’. In a bid to encourage employees to ‘furlough’ staff rather than lay them off, HMRC will provide grants which will cover 80% of the salary of retained furloughed workers, […]
COVID-19: Self Employed Grant
Let DJH help guide your business through these uncertain times. Call us 01782 710101 to discuss the latest government measures introduced to assist your business. Self-employed individuals and members of partnerships can claim a taxable grant worth 80% of the average trading profits from the last three tax years ie 2016/17, 2017/18 and 2018/19. This […]
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