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Coronavirus Support Update - 3rd March However Flexible Furlough continues. Eligibility is also changing. Until 30th April the scheme is open to employees who were employed on 30th Oct 2020 as long as you made a PAYE RTI submission to HMRC at some point between 20th Mar and 30th Oct 2020. For periods after April, you can claim for employees who were employed before 2nd March 2021 as long as an RTI submission was made between 20th Mar 2020 and 2nd March 2021. Self Employed Income Support Scheme A fourth and fifth rounds of the scheme to support the Self Employed was announced. Eligibility requires: You a Sole Trader or Member of a Partnership Trading Profits were not more than £50k and at least equal to non-trading income You have traded in 2019-20 and 2020-21 You have submitted your Self Assessment by 2nd Mar 2021 You are currently trading and impacted by Covid or prevented from trading by Covid You intend to continue trading The Grant provides 80% of 3 months average trading profits, capped at £7,500. The Grant will be open from late April until 31st May through your own Government Gateway. The fifth round of the grant will open from late July and more details will follow but will also be worth 80% of average trading profits capped at £7,500. However this time it will be restricted to those with turnover reduction of 30% or more. Business Rates relief The existing Business Rates relief has been extended for eligible businesses until 30th June. Eligible business are defined as: Shops Restaurants, cafés, bars and pubs Cinemas and live music venues Assembly or leisure properties Eg Sports Clubs, Gyms etc Hospitality venues such Eg Hotels, Guest Houses Recovery Loan Scheme CBILS and Bounce Back Loan Schemes close at the end of March, to be replaced by a Recovery Loan Scheme. The new scheme will guarantee loans 80% of eligible loans between £25k and £10million. Invoice and asset finance is also offered between £1k and £10million per business. The eligibility criteria are: Viable businesses Impacted by Covid Any legitimate business purpose including growth and investment Businesses based in the UK There is no exclusion for businesses that have already received support through Bounce Back or CBILS. There will be no personal guarantees required for loans up to £250,000. The scheme opens 6th April and closes 31st December. There is some concern whether banks will facilitate the lending given they remain exposed to default on 20% of the loan. Restart Grant The Chancellor announced Restart Grants to businesses closed during the lockdown. Shops can apply for up to £6k to reopen on 12th April whilst leisure and hospitality businesses could get £18k. The grant is administered by local councils. Hospitality VAT rate The current 5% VAT rate for hospitality has now been extended beyond 1st April to 30th Sept. After 30th Sept the rate will move to 12.5% until 30th March 2021 before reverting to 20% in April 2022. Apprenticeships The Chancellor has increased the incentive to hire new apprenticeships to £3k. This will apply to employers who apply between 1st Apr and 3oth Sept. Interestingly extra funding will be released from July 2021 to enable apprentices to work across different employers. 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hours in the day. Trust us to take care of the accounts, bookkeeping and tax, so you have the freedom to do what you do best. https://images.squarespace-cdn.com/content/v1/5efc4bcd201cfd62a7cb3889/1634129242740-2OTLE9YH0F4IPD2X9TGZ/AL3A2489+%281%29.jpg Home - Business support A bright future Focusing on the future is challenging. But with our practical and personalised advice, you can create the profitable, resilient and sustainable business you want all as painlessly as possible. https://images.squarespace-cdn.com/content/v1/5efc4bcd201cfd62a7cb3889/1634129341011-J1GBF0C08UR5NVKZ684X/Coheads-59+%281%29.jpg Home - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5efc4bcd201cfd62a7cb3889/1634129389144-5HFJPI9D1G3XMXMMYFS6/C03-382+%281%29+%281%29.jpg Home - Community A beautiful community We love South London and are proud to support our local community and its businesses. https://co-accounting.co.uk/south-london/about daily 0.75 2026-03-16 https://images.squarespace-cdn.com/content/v1/5efc4bcd201cfd62a7cb3889/1632218224521-MB6AB0QSFM84FCI4U03D/Damion%2B%25281%2529.jpg About Us https://images.squarespace-cdn.com/content/v1/5efc4bcd201cfd62a7cb3889/1632218156762-2JQO9VGGGE0IKT8J7SMV/Joanna.jpg About Us https://images.squarespace-cdn.com/content/v1/5efc4bcd201cfd62a7cb3889/36e2f360-d91f-49c5-9439-1667e4f10ee3/Sam.jpg About Us https://images.squarespace-cdn.com/content/v1/5efc4bcd201cfd62a7cb3889/343b3f24-a15e-4e44-ada9-129f7c144c22/Head+Shot+.png About Us https://images.squarespace-cdn.com/content/v1/5efc4bcd201cfd62a7cb3889/c0a6342e-85c3-45f7-a60b-ca0a284b27a9/Head+Shot++%281%29.png About Us https://images.squarespace-cdn.com/content/v1/5efc4bcd201cfd62a7cb3889/f6917eb7-ed99-413a-893a-9aedd1cdebe8/untitled-5899.jpg About Us https://images.squarespace-cdn.com/content/v1/5efc4bcd201cfd62a7cb3889/1598027358455-O9VDFDQI3U4I9QDWHFJM/xero.png About Us - Co- is a Gold Partner for Xero and Certified Advisors. Xero is at the forefront of a revolutionary new generation of software that semi-automates bookkeeping. Typically this automation saves between 40 and 60% of time required to complete bookkeeping. https://images.squarespace-cdn.com/content/v1/5efc4bcd201cfd62a7cb3889/1598027457203-RLR3FT0808E44RSFKXGV/aat.jpg About Us https://co-accounting.co.uk/south-london/contact daily 0.75 2025-11-24 https://co-accounting.co.uk/business-support daily 0.75 2024-12-11 https://images.squarespace-cdn.com/content/v1/5efc4bcd201cfd62a7cb3889/1fd3224e-eb3c-4986-8396-9d767cda9ebb/untitled-17.jpg Business Support https://images.squarespace-cdn.com/content/v1/5efc4bcd201cfd62a7cb3889/63e6ee12-5bf6-4bdf-8b0e-a02e08137cc1/Img-cog.png Business Support https://co-accounting.co.uk/south-london/community daily 0.75 2025-06-18 https://images.squarespace-cdn.com/content/v1/5efc4bcd201cfd62a7cb3889/1600697169969-HGXSL9YDEP3Y0ZWYFQLO/C03-365.jpg Community - Supporting Our Community Business can make a positive difference to the community and we know that one sure way to support South London is to help our clients thrive. 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Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5efc4bcd201cfd62a7cb3889/1630674286336-6LZB89JEURE5I1EK92PQ/Darren+testimonial+%281%29.png Our Clients - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5efc4bcd201cfd62a7cb3889/1629721323928-NXYTUAE588BQKPM433DU/CoopersBH-14.jpg Our Clients - Food & Hospitality https://images.squarespace-cdn.com/content/v1/5efc4bcd201cfd62a7cb3889/1629721521195-HD3DGMZ3RUY2IR7HXLJ9/C03-601.jpg Our Clients https://images.squarespace-cdn.com/content/v1/5efc4bcd201cfd62a7cb3889/1630674454032-2NEJOB3ZUVS3242VF4QG/Melissa%2Btestimonial.jpg Our Clients - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5efc4bcd201cfd62a7cb3889/1630674854832-55IGKWN5U9ORF3LF0URY/Ben+testimonial.jpg Our Clients - 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