Coronavirus: Practical advice for businesses

The spread of Coronavirus continues to dominate the news, with major implications for businesses and individuals across Sussex, the UK and the World. The current UK and global economic conditions has resulted in businesses having to trade under extremely challenging and unprecedented conditions and for this reason, Sussex and Gatwick-based chartered accountants, tax and business advisers, MHA Carpenter Box have now set up a dedicated hub on its website.

The purpose of the hub is to provide practical advice and guidance for businesses and individuals in one place, rather than searching a multitude of sites for various information. Information will be updated with guidance from the Government as and when it becomes available and will also include resources and guides to help businesses during these uncertain times.

The hub also provides information on the business support packages announced by the Government, which include supporting SMEs with payroll costs; creating temporary loan schemes; business rates holidays; the provision of small business grants and delayed tax payments.

Alan Edwards, Managing Partner at MHA Carpenter Box commented:

“Under the current extremely challenging economic conditions, we would urge businesses who foresee a requirement for additional support or finance to act promptly, even as a precautionary measure.”