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March 2020

COVID-19: WHAT ACTION SHOULD BUSINESSES BE TAKING TO MITIGATE THE IMPACTS?

The impacts of Covid-19 are far reaching. Almost every business has been impacted to some degree. So what action can businesses take to weather the storm? There is currently a huge amount of information in the ether to absorb, so to help navigate it all, Moore South have compiled a user friendly list of measures to help businesses trade through.

Deferring VAT and Income Tax payments

Government has announced that HMRC will allow you to defer Value Added Tax (VAT) payments for 3 months. The deferral period will apply from 20 March 2020 until 30 June 2020.

Protecting cash flow - tax payments

It is unlikely that our businesses will be unaffected by the inevitable slow-down in economic activity as the Coronavirus outbreak starts to bite.

Coronavirus: specific measures and support for the charity sector

Understandably, charities are concerned about the current coronavirus crisis, which will impact on both the work they are able to undertake, and income to generate. Many do not have sufficient cash reserves. With the NCVO announcing that the charity sector could lose at least £4bn over the next 12 weeks, we want to ensure our charity clients are aware of the measures and support available to you during this time. We will keep this page updated and urge you to get in contact if you have further questions on the below.

Business owners: how to continue marketing your services during the coronavirus crisis

We are currently operating in a time of uncertainty and fear due to the outbreak of the coronavirus, it is rapidly beginning to impact our national and local economy.  

Coronavirus; an update from Moore South

In view of the daily changing world resulting from the Coronavirus (COVID-19) pandemic, we would like to wish you well and update you on how we are attempting to minimise disruption to the services we provide.