October 2020: Job Support Scheme expanded to firms required to close due to Covid restrictions announced by Chancellor
Job Support Scheme Factsheet
The Job Support Scheme is designed to protect viable jobs in businesses who are facing lower demand over the winter months due to Covid-19, to help keep their employees attached to the workforce.
Northern Ireland Statistics and Research Agency Labour Force Update – August 11th 2020
The Northern Ireland Statistics and Research Agency released The Labour Force Survey (LFS) estimates on August 11th. They indicated the following key points:
Self-Employment Income Support Scheme (SEISS) Phase 2 Opening Details & Dates
Businesses have been asking the SME Support Forum about the self-employment grant that you will be getting in August, so we wanted to update you on Phase 2 of the Self Employed Income Support Scheme.
How to support your employees through times of change
How to support your employees through times of change. How can we lead people through these uncertain times? Wendy McCulla explores how managers can use the four stages of change to better understand and support their teams.
Could your directors’ pension funds help support your company’s growth?
We examine 2 scenarios here which demonstrate how a type of pension fund called a Small Self-Administered Scheme (SSAS) can become a powerful facilitator for the owner-managed business.
SME Support Forum Redundancy Survey Launched
We invite you to take part in the SME Support Forum Redundancy Survey to help us get a better understanding of the current landscape regarding potential redundancies in Northern Ireland.
PRE REDUNDANCY PLANNING – An outline of measures is provided by Andrea McCann, Partner, McKees
What if you do not need or cannot afford all of your existing workforce, how can you save costs? Andrea McCann, Partner, McKees Options for the employer to consider include the following: natural wastagerecruitment freezesstopping or reducing overtimeoffering early retirement to volunteersvoluntary redundancyretraining or redeploymentsabbaticals and secondmentspay freezes It is likely that the main options …
Tax changes arising from the Chancellor’s summer economic update
Chancellor, Rishi Sunak, has provided a summer economic update in light of the Covid-19 pandemic. The main tax changes announced that apply to Northern Ireland are detailed in this article.
Financial considerations of Re-Establishing your business
As government support under the job retention scheme is reduced over the coming months and ends on 31 October 2020 now is the time to start to review your business operations and consider if you need to make any savings.
SME Support Forum Northern Ireland 