COVID-19

Murray Patt of Alexander Knight & Co is supporting clients through the COVID-19 crisis

Murray Patt, founder of Alexander Knight, is ensuring clients get the support they need during the COVID-19 crisis and beyond.

We are supporting our clients during the COVID-19 crisis by providing new services, guidance, news alerts and hands-on practical help. We are ensuring business owners and company directors are able to benefit as much as possible from the Government support initiatives available.

All of our clients who have submitted Coronavirus Job Retention Scheme claims and loan applications have had them approved quickly and payments have been made.

We have created this mini-hub of content which may be helpful if you run a business that is being affected by COVID-19.

We will all come through this crisis – and we are confident that the entrepreneurs in our client base are agile, experienced, innovative and passionate enough about their business to see it through and emerge in a position to grow and evolve after the crisis is over.

Furloughing staff and company directors.

Do you need to ‘furlough’ company directors in your business? Make sure you go about it in the right way so that you accurately submit your claim.

Defer your VAT payment

VAT payments due before the end of June 2020 can be deferred until next year. This may be helpful to your business.

More clarity on the ‘80%’ salary scheme

Here are some key details you need to know about the Coronavirus Job Retention Scheme – which pays 80% of your PAYE staff salaries.

‘Bounce back’ loans – key issues

If you run a small business you may be able to make use of the ‘bounce back’ loan scheme which offers up to £50,000 or 25% of your turnover.