NEXT EVENT

FRIDAY 10th JULY 2020

10AM via ZOOM

With

Robin Cole | Blanchards Bailey

Firstly, we want to let you know that all of the team at Ward Goodman are fully operational and working from home, implementing our Social Distancing policy as much as possible.

They can all be contacted via the usual e-mail addresses and telephone numbers, and our main switchboard numbers are also being answered remotely during what would be our normal office hours.

With information coming out from the government on a daily basis with schemes and funding aimed at supporting businesses and individuals through the current economic instability caused by the outbreak of COVID-19, we are going to use this page to summarise what is currently available to our clients and all businesses.

Wherever possible we will add links to the source of the information we are providing.  Our team will add their own knowledge and advice where appropriate and hopefully we can provide a useful source of information to help you make the right decisions within your business or organisation.

Ian Rodd | Managing Director

As a business owner you will know that cash is the lifeblood of any business, without it a business will cease to operate.  In the coming months it will be critical to manage these cashflows and have detailed plans in place.

You can do the same thing for your own personal finances. If you have a mortgage or loan then you could contact your lender to arrange a payment holiday and reduce unnecessary expenditure to prolong your own personal cash.

During last week and particularly on 20^th March the Chancellor has announced a radical package of help for businesses which are detailed below.

Roger Duckworth | Head of Business Services

The uncertainty that this crisis has put on many individuals is unprecedented.

It is vital that not only are you doing the right thing for your own health, but you are also reviewing your own personal finances.

The Chancellor has announced a number measures aimed at assisting individuals with managing their finances in the coming months, but everyone’s circumstances will be slightly different.

If you want to talk through your own circumstances, our team are here to support. 

Gareth Simon | Head of Private Clients & Financial Services

The first thing to think about is your cash position – Cash will be critical and more often than not squeezed over the next few weeks and months.

Look at your current cash position.  Forecast your worst case scenario incomings and known outgoings over the next thirteen weeks and prioritise your expenditure. 

There is existing help from HMRC  in respect of time to pay agreements for VAT, PAYE and Corporation Tax if these are applicable and these costs are the ones you should be looking at deferring or spreading out in the first instance.

Jen Richardson | Head of Charities