As the coronavirus (COVID-19) reaches a critical phase globally, it is important to understand and prepare for the impact on you, your organisation or the people you advise. We recognise that the situation is evolving on a daily basis and causing many challenges that are essential to consider in order to ensure business continuity in a rapidly changing economic landscape.
A series of insights have been prepared to help you navigate through the crisis and plan for the future, click below.
Find out the steps Crowe is taking to minimise the impact of COVID-19.
Download our Funding Support Flowchart
Download our Self-Employed Funding Support Flowchart
The government has announced several measures to help businesses and so there are a number of areas organisations needs to consider to manage the impact including CBILS loans, Coronavirus Job Retention Scheme, deferral VAT payments, grants, partnerships profits and cash, UK public companies year end extension, time to pay, international tax measures, generating cash, support for workers, deferral of payment UK taxes, funding support, R&D tax relief, commercial tenants and business rates relief.
Coronavirus: Government financial support for organisations
Support for employers during the COVID-19 pandemic
Managing in uncertain times
Getting your business back on a new and safe track
What businesses can do to learn from COVID-19 in order to come back stronger
COVID-19: Scheme governance issues Trustees should consider
Coronavirus Job Retention Scheme and IR35
Maximise your chances of securing a CBILS facility
Funding and interest arrangements – some common questions
Overpayment of corporation tax in light of COVID-19
R&D support for manufacturing and construction companies
Relieving pressure on UK companies and maintaining market integrity
Making Tax Digital for VAT
UK VAT cash flow planning
How tax authorities around the world are responding to COVID-19
Support for business owners and individuals
Extension of time limit to notify options to tax
COVID-19: R&D tax credit updates
Professional Practices: How could COVID-19 impact your firm?
Moratorium on forfeiture
Manage the impact of coronavirus on your organisation
Time to pay: some common questions
Partners in professional practices working from home
Response from the Solicitors Regulation Authority (SRA)
SME R&D relief - CBILS and impact of State Aid
Utilising opportunities for innovation during COVID-19 disruption
Prepare for the forthcoming surge in fraud
Working capital statements in prospectuses and circulars during the coronavirus pandemic
Extra payments from local authorities to care providers
Supporting people is difficult in such extraordinary times and is becoming key for many business as they look to adapt to the current changing environment. Various measures have been announced to help:
Employers - furloughed workers, job retention, working from home tax consequences, PAYE and Time to Pay, IR35 deferral, holiday and sick pay, globally mobile employees
Individuals - self-employed, partners working from home, business owners, residential landlords
Changes to the furlough scheme announced
COVID-19 tax warnings for company directors
PAYE deadlines and support during COVID-19 disruption
Employment tax consequences of working from home
Updates to holiday and sick pay
Guidance for residential landlords
Sunak announces ‘Bounce Back’ loans for micro businesses
Company car tax in the COVID-19 world – it can pay not to drive
IR35 Deferral and PAYE Time to Pay
COVID-19: What steps to take if you have globally mobile employees
Self-Employed Income Support Scheme announced to help individuals unable to work
Making a claim under the Self-Employment Income Support Scheme
Impact on UK tax residency for those stuck in the UK
The impact of COVID-19 on SIP and SAYE
Taking stock of your financial affairs
Four key tips relating to Coronavirus Job Retention Scheme claims
How employers can reduce costs following the COVID-19 disruption
Understanding the consequences of tax payment dates, tax penalties and interest, lower corporate profits, HMRC's helpline and personal tax planning in managing your taxation liability in the current climate.
Pre year-end personal tax planning update
Charities and registered provides will need to consider their scenario including planning, budgeting, forecasting and risk registers.
Non Profits: Managing in uncertain times
Providing assurance in uncertainty
Schools: Managing in unprecedented times
Coronavirus: financial reporting issues for Charities
COVID-19 – what planning should charities be undertaking?
Coronavirus: financial reporting considerations for housing associations
COVID-19: What planning should registered providers be undertaking?
Schools: Coping with the financial effects of COVID-19
Coronavirus and the Academy sector
Temporary VAT relief on Personal Protective Equipment (PPE)
COVID-19 related webinars
What to look out for as cyber criminals capitilise on the current COVID-19 pandemic and how to protect yourselves.