he Chancellor has yet again announced further enhancements to the winter support package for businesses and employees. Three key announcements were made on 22 October by Rishi Sunak, including increasing Government support under the job support scheme and self employment income support scheme, as well as introducing business grants for those in high alert level areas.

Veterinary update: Can you help kickstart a career?

Wednesday 28 October 2020

Young people are often one of the groups most affected when a recession hits – apprenticeships are cancelled, graduate recruitment is cut, and employers are understandably hesitant to invest in staff where there is uncertainty in the economy. In September, the Government launched a scheme called ‘Kickstart’, aimed at creating 6-month work placements for unemployed young people aged 16-24 who are claiming universal credit.

Veterinary update: Time for a holiday? COVID-19 related rent concessions

Wednesday 28 October 2020

As a direct consequence of COVID-19, many landlords have been giving rent concessions (rent holidays) to tenants on property under operating leases. Before last week’s amendments to FRS 102 and FRS 105, the accounting requirement for both the landlord and tenant was to spread the effect of the concession over the remainder of the lease term.

Veterinary update: COVID-19 practice turnover summary

Thursday 15 October 2020

Further to our previous updates on the impact of COVID-19 on turnover, we have our latest figures for July and August.

Veterinary update: A welcome winter economy plan

Thursday 24 September 2020

Rishi Sunak unveiled today the Government’s plan to protect jobs and support practices in light of the Government’s recently announced restrictions introduced to protect the country from a significant increase in COVID-19 cases.

Veterinary update: Cash flow, forecasting and future action plans post COVID-19

Tuesday 25 August 2020

To ensure practices are set up to return to a ‘new normal’, thorough planning and forecasting are essential. Using short- and long-term forecasting helps to predict what impact the coming months may have on a practice’s finances. Likewise, taking action now and creating an action plan ensures that you are positioning your practice to be in good stead for whatever comes next.

Changes to the coronavirus job retention scheme from July 2020

Monday 22 June 2020

The coronavirus job retention scheme (CJRS) was established in March 2020 to help cover the wages of furloughed employees as a result of the COVID-19 pandemic.

Self-employment income support scheme - with further guidance

Monday 15 June 2020

The Government had been subject to some criticism that there has been little in the way of measures to help support the self-employed. However, on 26 March the Chancellor announced a grant scheme for the self-employed similar to that for employees but with some additional caveats

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Coronavirus: supporting you and your practice

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Veterinary update: Enhanced support for the Winter months