Insights

Here are the current business support measures issued by the government, including who is expected to be eligible for the reliefs. 

The UK Government has provided more financial stimulus in response to the current Coronavirus crisis than ever before.

More than two thirds of legal firms will review their business processes and well over half are planning a major change in strategy following the COVID-19 pandemic.

Business Advisory experts James and Mark are back! Listen as they bounce around some impromptu views and ideas.

The launch of the New to Partnership payment scheme was deferred due to the Coronavirus pandemic, but the NHS has now released the latest guidance.

On Wednesday 8 July 2020, the chancellor announced the introduction of the Job Retention Bonus.

Brexit and our departure from the EU and the CAP provide us with a unique opportunity to redesign agricultural policies to meet our environmental ambitions, while supporting our farming sector. Will DEFRA's new ELM scheme be a success? What are the risks and opportunities?

The next stage of the Governments economic recovery plan has begun with Boris Johnsons “Build, build, build” speech and Chancellor, Rishi Sunak 'Plan For Jobs'. Click here to view an infographic of the key points from the announcement.

It has been a theme of every statement made by the Government (and particularly the Chancellor) throughout the pandemic, that there are winners and losers (or those who lose and those who really lose, given there can be no real winners).

Towards the end of May 2020, whilst still in the midst of the COVID-19 lockdown period, MHA undertook a survey of the legal sector focusing on the impact of coronavirus, how this is affecting law firms, and the influence on future plans. 

The next stage of the Governments recovery plan has begun with Boris Johnsons “Build, build, build” speech and the confirmation that Chancellor, Rishi Sunak will be delivering an economic update on the 8 July. 

Watch back on our joint webinar with Durrants for Virtual drinks at the Royal Norfolk Show. The virtual drinks reception celebrated what would have been the first day of the Royal Norfolk Show.

Business Advisory experts James and Mark are back! Listen as they bounce around some impromptu views and ideas.

The phrase “if anything should happen to me…” is a very common euphemism. Frankly, the first word should be “when” not “if”. COVID-19 has concentrated the minds of many on their own mortality and may be a timely reminder that will planning is really something which, by definition, cannot be put off forever.

The MHA Construction & Real Estate specialist team works closely together to ensure our clients in the sector are supported during these challenging times.

Watch back on our tourism webinar, offering genuine insight from businesses with information to help roadmap the future and what it means for the tourism sector. 

Survey findings highlight an estimated 1.9bn income loss in the region due to COVID-19. A new survey on the impact of COVID-19 for the Tourism, Leisure and hospitality sector indicates the significant financial consequences of lockdown and the ongoing impact it is having.

In early June a group of key tourism figures felt that there was a gap in the data being collected by surveys in the local area. We therefore produced a survey requesting rarely shared, highly sensitive and confidential information.

Due to the current situation with COVID-19, we have seen a number of our clients opting back into the NHS Pension Scheme. This is primarily because of the enhanced death in service benefits that active members receive, morbid as it may sound.

In my previous article I discussed the The Agriculture Bill, its keys elements and the rejected amendments. The Agriculture Bill is the biggest piece of legislation for the farming and agribusiness industry for a generation.

As the reports surface of the UK economy contracting by over 20% in a single quarter, with over 600,000 job losses already and the furlough scheme soon to end, you’d be forgiven for having a conservative outlook on business right now.

Under the original furlough scheme, it was not permissible for employees to carry out any work while on furlough (with certain exceptions for training).

MHA Larking Gowen are pleased to announce two new appointments in their Ipswich office. Graham Mummery has been appointed as a new Corporate Partner and joined the team on the 15 June.  James Nichols was appointed as Senior Manager and joined on the 8 June. 

The initial Coronavirus Job Retention Scheme was announced by Chancellor Rishi Sunak on 20 March and closes to new entrants on 30 June 2020. Thereafter, it is restricted to employees who have been previously furloughed. Claims under the initial scheme cannot overlap 30 June. All claims from 1 July must be made for calendar months.

MHA undertook a survey into the legal sector focusing on the impact of COVID-19, and how this is affecting law firms. The results report on eight key areas including fee income, business strategy now and for the future, and working practices now and going forward.

HMRC has postponed the introduction of the domestic VAT reverse charge for the construction industry until 1 March 2021. Initially this was to be introduced in October 2019, but was postponed until October 2020 to allow businesses to focus on Brexit preparations.

James and Mark are back for episode 5! This week they look at the mental health of business owners.

When I sit down to write these articles, I try to come up with a topical subject that is also useful to the potential readership. Sometimes that is easy and sometimes not so much! We had the subject of Brexit, a new Government, difficulties surrounding the Budget, and when that all seemed to calm down slightly, along came Coronavirus.