To ensure we are providing you with as much support and information regarding the Government’s Coronavirus initiatives, here are the latest updates regarding the Coronavirus Job Retention Scheme (CJRS) for furloughed employees. During the government briefing on Friday 29th May, Chancellor Rishi Sunak confirmed the changes to the CJRS, in line with the easing of lockdown restrictions and the extension of the scheme until the end of October. Under the current scheme, the Government will pay back to the employer 80% of each furloughed employee's salary, up to a maximum of £2,500 per employee, plus the National Insurance paid, as [...]
With the rapidly changing nature of the coronavirus outbreak, information and advice from the government is changing on a daily basis. In the latest response to the outbreak, the Chancellor has introduced various coronavirus business support initiatives which will be very welcome to businesses who may possibly be experiencing financial concerns. These measures include: A Coronavirus Business Interruption Loan Scheme To support businesses experiencing difficulty through this current period, an additional £2.2 billion funding support for small businesses that pay little or no Business Rates (SBBR) has been announced. There will also be a refund for businesses and employers required [...]
As a practise we wanted to keep our clients, creditors and all stakeholders up to date on the actions we are taking to protect our team and clients during this Covid-19 pandemic. Most importantly, at present, there is no current impact on the delivery of our services and our business continues to operate as normal. Clearly, in the current circumstances, health and safety is our first priority while ensuring that we continue to meet our clients' expectations and to maintain as best as possible a normal working relationship and ensuring that we meet our ongoing obligations as well as statutory [...]
How can a business protect itself from insolvency? Poppleton and Appleby partner, Stephen Wainwright discusses in his latest blog.
Partner at Poppleton and Appleby becomes Chair of R3 North West Regional Committee Allan Cadman, Partner at Poppleton and Appleby, a business rescue and insolvency practise with offices in Manchester and Huddersfield, has become the Chair of R3 North West Regional Committee for a three-year term. R3 is the trade association for the entire community of the UK's insolvency and restructuring professionals, whatever the size of their practice, their experience or their specialism. R3’s members promote economic regeneration, resolve financial distress for businesses and individuals, save jobs, and create the confidence and public trust which underpin trading, lending and investment. [...]