Furlough arrangements hurting SMEs

Will Sidery, 04/08/2020

Despite a limited easing of lockdown, many businesses have ongoing concerns regarding their lack of trade, cashflow issues and concern for their employee workforce.

Frank Hirth’s Leigh Collins, an associate director at the UK/US tax advisory firm, told eprivateclient how the UK’s Coronavirus Job Retention Scheme (CJRS) has seen many employers take advantage of the generous furlough grant available but that some clients are encountering problem with furlough arrangements, especially directors of SMEs.

Ms Collins said that whilst SME directors are allowed to carry out mandatory administrative duties to file r...

Continue reading this article...

Start a free trial now for access to breaking news of the regulatory environment and legislative change happening in wealth management.

You are currently not logged in,
login to view the full article
start by clicking this button.

Need a subscription,
fill out the form here or
contact subs@eprivateclient.com

About PAM

PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.

Read more about PAM


eprivateclient is the leading website and news service for private client practitioners, including lawyers, accountants, trustees and fee-based IFAs.

Read more