Lambert Roper & Horsfield Limited Accountants Calderdale, Huddersfield
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Most businesses are very good at providing the products and services that their customers need – but running a business involves much more than that.

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The financial world is a complicated place and there are times when you’ll need some expert help.

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We also provide specialist services to a range of other clients.

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You are here: Home » Latest News » Covid-19 » Preparations Checklist

Preparations Checklist


To help you plan through this pandemic, we have put together a checklist to help you mitigate some of the business impacts:

  • Consult with employees, on matters including:
    • Statutory sick pay
    • Coronavirus Job Retention Scheme
    • Redundancies and layoffs
  • Defer tax payments by establishing Time to Pay agreements with HM Revenue & Customs (HMRC), for:
    • PAYE
    • NIC
    • CIS (Construction Industry Scheme)
    • VAT
    • MGD (Machine Games Duty)
  • Claim business rates reliefs and grants announced by the Government, via your local authority
  • Consider using the Government’s Coronavirus Business Interruption Loan Scheme
  • Consider using the three-month rental moratorium on commercial leases
  • Prepare new or updated bank facilities, including overdrafts and capital holidays
  • Liaise and notify customers, suppliers, contractors and trading partners of your contingency plans
  • Defer capital expenditure
  • Defer finance payments, hire purchase and leasing
  • Accelerate income, where possible
  • Update credit control procedures
  • Reduce stock levels
  • Review insurance policies
  • Review all contractual obligations and advanced orders
  • Review your business’s terms & conditions

More details regarding the Government’s measures outlined above can be found on our COVID-19 Business Support Hub by clicking here.

Here to Help

This checklist, while detailed, is not comprehensive and we recommend that you speak with us to put a clear plan of action in place to address the short and medium-term impact of this crisis on your business.

We are helping a number of businesses with their preparations for Coronavirus and are standing by to assist you. To find out how we can help you and your business, please contact us.

The New LRH Client Portal


We are delighted to announce that the LRH client portal (powered by Onvio, a Thomson Reuters company) is now fully operational… Continue reading →

Get in touch!


Telephone: 01422 360788

Email: mail@lrh.co.uk