Further reading and source: https://www.gov.uk/government/news/furlough-scheme-extended-and-further-economic-support-announced

Businesses required to close:

Restaurants, bars and pubs will be required to close but can continue to offer takeaway services. In addition, the following businesses will be required to close:

1. all non-essential retail (clothing, electronics, betting, tobacco and vape shops, betting shops, tailors, car washes, vehicle showrooms and travel agents)
2. indoor and outdoor leisure facilities (gyms, swimming pools, gold courses, dance studios, shooting ranges and stables/riding centres)
3. entertainment venues (theatres, cinemas, bingo halls, casinos, zoos and animal attractions)
4. personal care facilities (hair, beauty and nail salons, tattoo parlours, spas, massage parlours, non-medical acupuncture and tanning salons)

Non-essential businesses can continue to offer delivery and click and collect services.

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A Job Retention Bonus of £1,000 will be paid where:

• An employee was previously furloughed.
• An eligible furlough claim was made for that employee.
• The employee remains continuously employed from 1st November 2020 to 31 January 2021.
• The employee is not serving notice
• The employee must have been paid at least £520 a month average for the 3 months preceding 5th February 2021
• Taxable income must have been paid in the 3 months preceding 5th February 2021

Claims will be made after 15th February 2021 and must be made by 31 March 2021

Employees claimed on the Job Support Scheme from 1st November 2020, will also be eligible.

Directors are also eligible for the bonus, if all the above are met.

Love Accountancy are planning to file these claims for our clients.

How to: add a new (Read Only) user to Xero

Log into your Xero account. From the Dashboard go to the drop down menu and settings:

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Updates following 29th May announcement

Bounce Back Loans (100% Government Backed)

New Government backed loan available now from your bank.

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We are using WhatsApp broadcasting feature to send out updates, as we make them, instantly. We urge you to join.

It’s much easier and faster than sending out emails – it’ll also help keep inboxes clearer.

To get added to our list:

1. Download WhatsApp if you haven’t already done so : https://www.whatsapp.com/download
2. Send us a WhatsApp message to 07860039927 – saying you want to be added to the broadcast list or use this quick link : https://wa.me/447860039927?text=hi,%20please%20add%20me%20to%20your%20WhatsApp%20broadcast%20
3. Add this number (07860039927) to your contacts – this is important, if you don’t do this step, you won’t get messages. This is WhatsApps way of preventing spam messages
4. How to add a contact: iPhone / Android