COVID-19 Hub
COVID-19 Hub
TC Group is here to support you and your business through these unprecedented times. Our COVID-19 Hub is an information resource and place to find answers to the most important questions, enabling you to keep your business operational during this challenging period. Inside, you will find useful details on Government support for businesses and individuals as well as a wide range of practical advice from our specialists in each of the key areas where you may need assistance.
Client Services
Please note our physical premises are now closed. Although we have adapted our processes, we continue to manage our post daily, and you should experience minimal to no disruption to our handling and response times. All other services are continuing as normal. Most staff now work from home, and we will ensure that we continue to support you in the usual way via calls, emails and video conferencing.
Increased Fraud Risk
Fraudsters are taking advantage of the uncertainty caused by the Coronavirus to target potential victims. Please take all necessary steps to ensure you are not one of them. Full Government guidance can be found here. Wherever possible you should send documents and transfer money electronically, rather than sending forms and cheques in the post. It is also important to be vigilant when it comes to making transactions online.
Tax Initatives
Government tax breaks, deferrals, and other areas where TC Group can help.
HR Support
Government employment support and TC Group HR strategy
Financial Guidance
Government financial support and guidance available at TC Group
COVID-19 Updates
Small businesses to receive payments from business interruption insurance policies
The Supreme Court has ruled in favour of small businesses receiving payments from business interruption insurance policies. Following the ruling, it is expected that tens of thousands of small businesses will receive insurance payouts covering loss of profits from the...
Chancellor announces further support for business through to the spring
Following the Prime Minister’s announcement yesterday of a new National Lockdown, the Chancellor, Rishi Sunak, has released details of a new one-off Lockdown Grant and a discretionary fund. The Lockdown Grants are available for retail, hospitality and leisure...
Summary of Government support schemes
With most of the UK currently placed under Tier 4 restrictions and another full lockdown looking increasingly likely, we thought it might be beneficial to summarise the support available to businesses at this time. Coronavirus Job Retention Scheme (CJRS) – This job...
Chancellor Extends Support for Business
Rishi Sunak has today announced an extension of support for business to see them through to his Budget on 3rd March 2021. The Coronavirus Job Retention Scheme (CJRS) was due to finish on 31st March 2021 with a review to take place in January of the Government...
Further guidance and legislation announced on the Self-Employed Income Support Scheme
The self-employed can make a claim under the third tranche of the Self-Employed Income Support Scheme (SEISS) from 30th November. As previously announced, self-employed businesses can claim an SEISS grant for the three months to 31st January 2021 for 80% of average...
Government releases further guidance on the extended Coronavirus Job Retention Scheme
As mentioned in our previous email, the Government yesterday announced the full guidance on the extended Coronavirus Job Retention Scheme (CJRS). The scheme will apply from 1st November 2020 to 31st March 2021 and there is no requirement to have previously furloughed...
Furlough and Self-Employed Income Support Scheme extended until 31st March 2021
The Chancellor has announced the extension of the Coronavirus Job Support Scheme (CJRS) and Self-Employed Income Support Scheme (SEISS) to last for 5 months. The CJRS provides grants where employees are furloughed part-time or full-time: The employees will receive 80%...
The Government announces increased support for the self-employed
Further to the announcement of the second lockdown and the extension of the Furlough Scheme, the Chancellor has made changes to the Self-Employed Income Support Scheme that will apply from 1st November 2020. The Chancellor has increased the grant available for...
The Chancellor announces extension of Furlough Scheme
Following the announcement of a second national lockdown, Rishi Sunak has extended the Furlough Scheme until 2nd December. The Government have also announced some further extensions of support, and there may well be more to follow. The Job Retention Scheme.The Job...