MOVING FORWARD
With non essentials shops and many schools opening from Monday 15th June, there is a hope that things will start improving for the economy and mental health, as people start slowly integrating back into society.
Personally, I feel with the R rate still close to 1 in many parts of the UK that we need to remain cautious.
We, at Moore Accountancy will continue working remotely until we feel it is safe to bring our workforce together again.
We have made it our duty to provide information and guidance on Government supports such as Business loans, VAT deferral, Business rates relief, the Furlough and Self-employed schemes; and we will continue to do so until we can emerge from the Pandemic and get back to some kind of normal.
Now is the time to start thinking about the future and what our businesses will look like after lockdown ends. We should be thinking about our strategy and planning:
• Working safely
• Using technology for back office functions
• Marketing our services or products in new ways
• Examining new markets
• Getting new skills
• And thinking differently.
Talk to us about helping you with your planning, and how we can signpost you.
If you have missed any of our previous newsletters, then our website has a backlog of them here.
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P11D FORMS STILL DUE BY 6 JULY
Despite the coronavirus lockdown HMRC have announced that they will still expect P11d forms reporting expenses and benefits to be submitted by the normal 6 July deadline.
Remember that reimbursed expenses no longer need to be reported where they are incurred wholly, exclusively and necessarily in the performance of the employee's duties. Dispensations from reporting are no longer required.
Note also that trivial benefits of no more than £50 provided to employees need not be reported.
You should have received an email from Lucy, if we run payroll for you; which needs responding to if you have not already done so.
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DIGITAL SKILLS FOR SMALL BUSINESS
Digital Boost UK has launched a free, volunteer driven platform that will help small businesses and charities develop essential digital skills, which in turn should help generate more customers and revenue streams through online channels.
Sign up here if you wish to find out more - https://www.digitalboost.org.uk/
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WILL COVID-19 ACCELERATE REMOTE WORKING?
The lockdown has forced businesses to adopt remote working - will employees want to continue post covid-19?
Over the past 10 years, working remotely has increased significantly, with contributors such as technology related advancements, cultural changes to work-life integration and family commitments.
Lockdown has forced firms to rethink the way they do business, with new approaches to business continuity, cyber security and, of course, remote working.
Regardless of what happens next, it is unlikely that working practices will return to the way they were. Commuting from home to a central office where you have face-to-face interactions with colleagues could become a thing of the past.
Firms that do not have flexible or work-from-home policies will struggle to retain employees and attract the best people. Now that those working in industries such as technology, finance or service-based roles that can be performed online have shown that they can perform their role from home, they are less likely to see the need to go to the office. If businesses ask millennials and generation-Z workers to return to the office, they are likely to be asked “Why?”
The most successful businesses will be those who encourage their people to develop their communication skills, focus on collaboration and roll out the technology that enables their people to perform their job online. However, not everyone will be able to work from home, all the time and some people may prefer to work in the office.
In addition, those working in front line public services, retail, healthcare and the hospitality industry will still have to go to their place of work.
That said, cities are likely to be much quieter places going forward and businesses will have to adapt in order to provide their services to an increasingly remote working population. I think it is likely that Covid-19 will accelerate remote working practices and businesses will need to become comfortable with that.
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DUET DISPLAY APP
One of our clients recommended this to me earlier in the year - use an iPad or Android tablet as a second display when working from home.
The team are used to working with two screens. and many of us are missing the efficiency of a dual screen computer setup. Duet Display is an app that converts an iPad or Android tablet to a second screen, and works with both Apple and Windows computers.
It can work cross-platform, so you can use a Windows PC or Mac as the host and Apple or Android mobile devices as the secondary display. You can even turn a Chromebook into a secondary display, since Chrome OS can run Android apps. Installing Duet Display is straightforward. You start by downloading the app (£9.99 on the Apple App Store or from duetdisplay.com).
Once you have downloaded and installed the relevant drivers on your Mac or Windows desktop or laptop, you simply plug your iPad or tablet into the computer’s USB port.
Hopefully Duet Display will offer you a simple, effective way to add a second screen to your computer – it is perfect for remote working!
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