T: 01275 873269 | F: 01275 340531 | FREE Initial Consultation | Call Back request | Got a Question? | Get a Free Quote         client login


Covid 19...


Full details of the Furlough scheme and calculations:

Example of how to calculate the amount you should claim for an employee who is flexibly furloughed:

Examples of how to calculate your employee’s wages, National Insurance contributions and pension contributions:


The ACCA together with ACAS have issued the following example furlough letters

Self-employed Income Support Scheme:

Further details still to be provided on this but the key point to note is that the first payment will not be available until early June. Businesses and individuals are being advised to review their cash flow requirements in the interim and either complete a universal credit claim or, speak to one of the lenders on the coronavirus business interruption scheme panel. Detailed list below but the first point of contact should be your own bank.

General Coronavirus Financial Support



Government announcements updated 20th March 2020
Includes Job retention scheme and Time to pay arrangements


Government guidance for employers, employees and business:



General Support

All the big banks have announced that they want to offer full support for small businesses during the crisis – each has set up dedicated advice services.
If you or your business has financial problems, the best advice is to contact your bank as early as possible – they are likely to be besieged with similar requests, so the earlier you speak to your bank the better. Some banks are offering mortgage holidays, others may increase your overdraft facility or loan facility during this period.

Find more information at:

BARCLAYS https://home.barclays/news/2020/03/supporting-our-customers-and-clients-impacted-bycoronavirus--co/

HALIFAX www.halifax.co.uk/helpcentre/coronavirus/

HSBC www.hsbc.co.uk/help/coronavirus/

LLOYDS www.lloydsbank.com/help-guidance/coronavirus.html

NATWEST www.business.natwest.com/business/support-centre/service-status/coronavirus.html

ROYAL BANK OF SCOTLAND www.business.rbs.co.uk/business/support-centre/service-status/coronavirus.html



Just contact us for further information...


Part of the Xeinadin Group Newsham Hanson a Xero Platinum Champion, find out more... Autoentry Newsham Hanson and Sage Cloud Accounting

Find out more...                                                                                                 Log In...

business planning ~ tax advice ~ new start ups ~ sage software ~ vat ~ professional services ~ free initial consultation ~ online tax returns
Get Dropbox today with 2gb FREE online storage and file sharing for friends and colleaguesNewsham Hanson on Linked InNewsham Hanson RSS News feed - add us to your feeds today...Contact us today via e mail to see how we can help you...

Newsham Hanson                           Newsham Hanson Accountants Ltd. Registered in England No. 11838807                    VAT Registered No. 316 2772 09

We are part of the Xeinadin Group. The firm of the future!