The ongoing Corona Virus is having a major impact on all our lives. Not only on our wellbeing, liberty and day to day interaction with friends and family but also on our finances. These are very difficult times for all self-employed people whether you are just starting out on your journey or have been on the path for a number of years. The speed that events have developed has directly impacted incomes almost overnight. There are various channels of support for a number of self-employed businesses available but this will certainly hit hard working and vulnerable households over the next few months.
I will keep you updated on a regular basis through direct mailshots so if you have not been receiving them, please check your spam folders and mark them as safe to ensure you get the latest information available. A number of tax payments have been put on hold which will certainly help cash flow in the short term but payroll, VAT and tax returns still need to be submitted on time.
As always, my phone is on standby to answer any queries you may have at this difficult time so please do not hesitate to call. More importantly stay safe, stay positive and when things eventually settle down and get back to some kind of normality, we can discuss in detail the impact on your business over this time and how best to take things forward.
