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
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...
Qualifying for the Coronavirus Job Retention Bonus Scheme
HMRC has issued additional guidance on the Coronavirus Job Retention Bonus Scheme (JRBS), further clarifying details on eligibility. The JRBS is a £1,000 one-off taxable payment to employers for each eligible employee they furlough and keep continuously employed until...
Summary of Government Support Across Tiers
The Government have provided a range of financial measures and these vary across the three lockdown Tiers. We have set out below a summary of the support available for businesses from 1st November, depending on the Tier level that the business is under. Tier 1...
Chancellor extends COVID support for businesses and announces new business grants
In response to the continuing economic challenges posed by the COVID crisis, the Chancellor today announced additional support for all businesses and grants for some industries. The Chancellor has introduced three measures, including increasing the benefits of two...
Chancellor Expands Measures for Businesses Required to Close Under Local Restrictions
The Chancellor today announced extensions to the Jobs Support Scheme (JSS) to cover 2/3rds of staff wages up to a cap of £2,100 per month and an increase in cash grants to a maximum of £3,000 per month. Both expansions will apply to businesses legally required to close due to local lockdown restrictions.
Chancellor announces a range of measures to help businesses through the winter
Today the Chancellor introduced a new Job Support Scheme (JSS) to help businesses and employees through to 30th April 2021. In addition to the JSS, the Chancellor announced an extension of the Self Employed Income Support Scheme (SEISS) and funding support for...
Business support for latest COVID restrictions
The Prime Minister today announced a tightening of restrictions in England to curb the number of daily infections as the country continues to battle COVID-19. Key points include: Working from home where possible; Restrictions on opening hours for pubs, bars and...