Time Tracking Software – Minutedock

Xero has plenty of time-tracking add-ons available to help service businesses which bill by the hour. It’s great to have an integrated system which has all client names automatically synched and up to date, to help speed up the invoicing process. We also think time tracking software is not just for businesses that use time-based billing, it is a tool ...

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Self-Employment COVID Grants… Round 2

The chancellor recently announced that the Self-Employment Income Support Scheme (SEISS) has been extended and a deadline has been announced for the first grant. If you are eligible and have not yet claimed the first grant, you have until 13/7/2020 apply for it. This is worth 80% of your average monthly trading profits covering 3 months, capped at £7,500 in ...

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Furlough update – June 2020

Business Support

It was recently announced that the government’s Coronavirus Job Retention Scheme (for furlough grants) will remain open until the end of October 2020. There are several important changes being introduced. Existing rules will apply until 30/6/2020. Furloughed employees will be able to return to work part time from 1/7/2020 (not 1/8/2020 as originally announced) and the company will be able ...

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Coronavirus – Government Support – FAQ’s

Man with telescope on the peak of a mountain

I am a director paying a small salary and dividends – will my spouse or I qualify for the 80% wages subsidy? The scheme covers payroll salary only and not dividends. ***27/3/2020 update*** Company directors are not excluded from the scheme. They can carry on with their ‘statutory duties’ such as ensuring the company’s confirmation statement and accounts are filed. ...

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