2020-21 Update: Coronavirus Financial Support Schemes

by Sarah Laing
access120 days access
cpd hours4 CPD hours

This course will enable you to:

  • Understand the government COVID-19 support schemes designed to help individuals and businesses.
  • Learn how to make claims under the different employee and employer support measures including the Coronavirus Job Retention Scheme (CJRS)
  • Learn about the Self-Employment Income Support Scheme (SEISS) and the changes to self-assessment tax payment deadlines
  • Develop an overview of the business support loans available to help organisations cope with the impacts of the pandemic

Now updated to include the recent extension to the CJRS, the SEISS grant extension, the Kickstart Scheme and the revised Statutory Sick Pay and VAT payment deferral rules.

The coronavirus pandemic has caused a great deal of uncertainty and disruption for businesses in the UK. The government has responded with numerous schemes to provide support, finance, and clarity for those impacted by the pandemic.

This course will guide you through the various schemes available to help businesses, employers, employees and the self-employed. It explores popular schemes such as Coronavirus Job Retention Scheme (CJRS) and Self-Employment Income Support Scheme (SEISS). The course provides you with an understanding of the support available to your business and clients in these difficult times.

Now updated to include the recent extension to the CJRS, the SEISS grant extension, the Kickstart Scheme and the revised Statutory Sick Pay and VAT payment deferral rules.

Overview of COVID-19 support

  • Government support
  • Coronavirus legislation and regulations
  • Support schemes summary
  • Swotting up on support
  • Coronavirus scams
  • Stay alert

Employer and employee support

  • Counting the costs
  • Coronavirus Job Retention Scheme
  • Qualifying conditions
  • Additional lockdown support
  • Job Retention Bonus
  • Key dates
  • Kickstart Scheme
  • Support for working from home

Self-employed support

  • Self-Employment Income Support Scheme (SEISS)
  • Eligible claimants
  • "Adversely affected"
  • Trade profits and non-trading income
  • Application process
  • Self-assessment
  • Self-assessment tax payments
  • Cash flow problems

Further business support

  • Taxing questions
  • Business support loans
  • Statutory Sick Pay
  • Temporary changes to SSP
  • Employer FAQs
  • SSP Rebate Scheme
  • VAT payments
  • Other taxes affected by COVID-19
  • Charity claims

Sarah Laing is a Chartered Tax Adviser. She has been writing professionally since 1998 when she joined CCH Editions as a Senior Technical Editor, contributing to a range of highly regarded publications including the British Tax Reporter. She became Publishing Manager for the tax and accounting portfolio in 2001 and later went on to help run CCH Seminars (including ABG Courses and Conferences).

Sarah originally worked for the Inland Revenue in Newbury and Swindon Tax Offices, before moving out into practice in 1991. She has worked for both small and Big 5 firms, and now works as a freelance author providing technical writing services for the tax and accountancy profession.

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