Restart, Recover, Rise Above...

Helping businesses adapt and thrive as we emerge from the Covid-19 global pandemic

Now, for tomorrow

Now, for tomorrow

With disruption all around us, standing still is not an option. Success happens when we asses the risk, take a decision and move forward. We will guide you through the ever-changing business world, blending experience and expertise with the power of personal relationships to help you prepare now to flourish, prosper and anticipate tomorrow. 

The Coronavirus Job Retention Scheme (CJRS) – also known as the Furlough Scheme – has been extended until the end of March 2021.

Government support for self-employed people to help them get through the economic downturn caused by COVID-19.

Chancellor Rishi Sunak has extended the current Government Backed Loan Scheme (CBILS) until the end of January 2021.

Even in these uncertain times the opportunity for growth has never been greater, and there are plenty of success stories out there of businesses, and people, adapting and succeeding amidst the COVID-19 pandemic. So how do you capitalise on these opportunities and thrive going forward?

As we move out of lockdown, employers may be thinking about adopting working from home as a ‘new normal’. However, the costs and expenses relating to this need to be considered and reviewed with regards to tax. Our latest factsheet looks at these in more detail, including the ‘do’s and dont’s’ for employers.

It has now been well over six months since the first wave of Covid-19 brought the country to its knees. As we approach the winter and the second wave it is perhaps an appropriate point to reflect on the impact which it has had on the agricultural and rural sector.

In our Q&A with corporate services director, Judith Dugdale, she shares some advice for how businesses can plot a return to growth. She looks at the priorities that business owners should be focusing on and what they can do as part of their planning.


In our Q&A with Andy Feeke, partner in our Manchester office, he looks at the ways that COVID-19 may change the way we do business forever, including what has been the biggest impact so far and what trends he anticipates. 

 

 

Looking at this from an economic perspective only, the impact on the UK economy and infrastructure will leave a lasting impression, BUT the question now is – how do businesses trade out of the lockdown, with a largely furloughed workforce, a stretched working capital cycle and no end in immediate sight?

 

Business advice and tips

There has, of course, been a huge increase in employees working from home as a result of the Coronavirus outbreak, but what are the tax implications of the various items that employers provide to employees?

This series looks at the financial reporting changes under Covid-19 and what the impact will be on Financial Statements and Auditors Reports, Dividends and reporting the Job Retention Scheme.

More details are emerging regarding the detailed criteria which accredited funders will use when evaluating applications for the Coronavirus Business Interruption Loan Scheme (CBILS).

We have devised this useful questionnaire to help you identify areas where short term planning and changes may be required due to the impact of Covid-19.



In light of recent world events, namely Coronavirus, social distancing and lockdown, combined with the usual day to day pressures of life in general, many of you reading this will probably have paused for thought at some point over the last few weeks and had a think about your own financial situation.

This insight advises on the 4 key steps for business owners, focusing on short-term cash flow, stakeholder management, medium-term funding and restructuring & director’s responsibilities.


Given the impact of the Covid-19 pandemic, it is more vital than ever for businesses to ensure they are maximising their tax reliefs and taking full advantage of the governments offering. These incentives and reliefs can reduce tax payments owed to HMRC or potentially generate cash repayments.

Here at MHA Moore and Smalley, we work with a wide range of professionals to provide the most up to date and relevant information to our clients and contacts. This mini hub brings you advice from a range of specialists we work with.

The main areas of concern for many businesses focus around cash flow, as well as internal working practices not being as efficient as they once were. MHA Moore and Smalley can provide temporary support to relieve such pressures in our latest blogs.

Ask a question

If there is a topic you want further information on, get in touch to ask us a question and we’ll aim to answer it in a blog post or guide to help you, and others, during this difficult time.