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
Summer Statement 2020: Key Announcements
The Chancellor set out new measures in his Summer Statement today aimed at reviving the economy from its COVID slump. At this early stage, the announcements are characteristically light in detail, but we've summarised the key points below: Furlough The Chancellor...
Last chance for the Self Employed Income Support Scheme (SEISS)
Self-employed businesses who have not made a claim under the SEISS for March to May can still make a claim but the deadline is Monday 13th July. In order to qualify for a grant under the SEISS: You have been trading in 2018/19 and have submitted your tax return by 23...
New Coronavirus Job Retention Scheme starts today – but restrictions apply
The new Coronavirus Job Retention Scheme (CJRS) commenced today. It is now possible for previously furloughed workers to work part-time and be furloughed for their non-work time. For part-time furlough arrangements, employers should be aware of some potential...
Income Tax Deferral
If you are due to make a payment on account of Income Tax on 31st July 2020 then you have the option to defer the payment until 31st January 2021. You can defer the payment due on 31st July if you complete a tax return and you are struggling to make the payment due to...
New Furlough Scheme & SEISS Update
Following the Chancellor’s announcement that the Furlough Scheme and Self Employed Income Support Scheme (SEISS) are to be extended, the Government has now released further details of how these schemes will work. New Furlough Scheme The new scheme commences on 1st...
Furlough Deadline – Action Needed Now
Action is required today and tomorrow to comply with changes to the furlough scheme if you have not already acted. As previously communicated, the furlough scheme will be closed to new entrants on 30th June. Therefore, in order to be eligible and have a minimum of...
Changes to Furlough Scheme & SEISS – Action Required
The Chancellor today announced the changes to the Government’s furlough scheme. All furloughed employees will continue to receive a minimum of 80% pay (up to a max of £2500). The changes are staged for August, September and October as follows: Month Government...
Lasting Power Of Attorney – Don’t Leave It To Chance
The current climate around COVID-19 has triggered many of our clients to bring their finances and medical care into sharper focus. As a result, we’ve witnessed an increased interest from clients in ensuring they have a Lasting Power Of Attorney (LPA) in place. What is...
COVID-19 Payroll Services
During this difficult period, managing your businesses payroll has become more challenging. If your internal team are stretched or as a business owner, you are looking for a more cost-effective solution then TC can help. Our payroll team can help navigate the COVID-19...