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NAVIGATING THE ROADMAP MINDING THE POT HOLES

    25 August 2021

    Who’d have thought it? It’s now over 500 days since we entered our first lockdown (seems like a lifetime ago, right?) and, effectively, the world changed overnight.

    With typical British roll-your-sleeves-up stoicism, businesses continue adapt to ever-shifting guidelines and customers are easing back into a hybrid way of life. It’s a little bit limbo, but it’s better than it was. And despite new variants, our vaccination programme is rolling out with pace and some aplomb (boosters next up). People are even venturing (squinting in the sunlight) overseas. Sports stadia are full. And retail and hospitality are gratefully welcoming customers (despite struggling to recruit talent and dealing with stock shortages).

    Job vacancies are at a record high (nudging 1m) as the job market continues to ‘rebound robustly’. With unemployment around 1 in 20, one of the key challenges up the road is the high demand for skilled workers.

    With furlough finishing in September, estimates suggest that the cost so far is in the region of £66bn. Over 1.9 million people remain on furlough, but this is down from a peak of 5.1m back in January. We all await the short, medium and long-term impact of this, CBILS, BBLS and other support schemes – but the reality is that things are moving, we just to remain nimble footed.

    At Cooper Parry, our experts have been happy to pick up on any queries relating to this post-pandemic business world since March 2020 – helping you avoid pesky pot holes in the process. And, as long as you have the questions, they’ll have the answers. If you have any queries, please get in touch HERE.

    As you hopefully enjoy the rest of the summer months, here’s a handful of topical items from across our business that may well be of interest:

    Meantime, stay safe, remain ‘glass half full’ positive and enjoy what will hopefully be a brighter (in so many ways) rest of the year.

    PEOPLE. RETAINING YOUR MOST VALUABLE ASSET

    All the latest news on support schemes for businesses – when they begin and when they are due to end.

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    VAT, STAMP DUTY, CUSTOMS AND INTERNATIONAL TRADE SUPPORT

    Covid-19 VAT reliefs. We also cover International Trade support offered by the DIT and UK Export Finance.

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    BANKS & GOVERNMENT SUPPORTED LOAN SCHEMES

    Help with managing your debt facilities and accessing the different government loan schemes.

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    FREE UP CASH - HMRC HELP

    Tax can play a significant part in generating much needed cash.

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    HELP FOR INDIVIDUALS AND THE SELF-EMPLOYED

    Who is entitled to what, the deadlines involved and the impacts on individuals.

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    HELP WITH COMMERCIAL RENTS & BUSINESS RATES

    Every business will be impacted by COVID-19, read about the help announced with rent and business rates.

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    FINANCIAL REPORTING DURING THIS CHAOS

    Helpful advice on meeting your filing accounts deadlines.

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    TECHNOLOGY & REMOTE WORKING

    The world of work has changed. Forever. Check out some of the latest thinking.

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    LEADING IN UNCHARTED WATERS AND LOOKING AFTER YOUR PEOPLE

    In these times, working together has never been more important. Or business critical.

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    YOUR PERSONAL FINANCES

    Don't let worries about your money keep you up at night. Seeking proactive advice is key.

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    PODCASTS & WEBINARS

    Catch up on our latest podcasts & webinars here.

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    YOUR COVID-19 COLLABORATION TEAM

    Meet your COVID-19 Taskforce. One year on.

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    The guidance on these web pages has been provided for general information only and has been prepared from a variety of sources which have not been verified by Cooper Parry. Government and Treasury guidelines are changing rapidly as the overall response to COVID-19 develops and our guidance is based on information available at the time of writing.  Cooper Parry specifically disclaims any liability for any loss, damage or expense of whatsoever nature which is caused by your reliance on the guidance.

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