COVID-19 strategic support for mid-to-large
enterprises through finance, accounting and
payroll solutions

The coronavirus pandemic and the subsequent lockdowns are disrupting businesses across the UK, having an outsized impact on recruitment, airlines, manufacturing, real estate, leisure & hospitality, and education sectors, just to name but a few.
Businesses are struggling with hastily implemented remote working arrangement, suffering from reduced output, and battling cash flow interruptions. The UK government has announced a slew of measures to support businesses, including actions that make it easier to access finance.
QX stands with UK businesses in this difficult time, with strategic finance, accounting and payroll support that will enable your organisation navigate these challenging times.

Payroll – permanent and temporary

Paying your permanents and temporary staff correctly and on time is crucial in these difficult times. QX continues to provide payroll processing support to its clients. Our trained payroll professionals specializing in UK payroll and pay & bill can provide you with the support or advice you require to run your payroll smoothly. We can help you with:
Timesheet Processing
IR35 deemed payroll
Weekly/monthly payroll
Statutory deductions
Customised payroll reports
RTI submission and statutory compliance

If you are facing staffing related issues and want any support on a long-term or short-term basis, please do not hesitate to get in touch with us.
Julian Barford
Finance Manager, Your World Recruitment Group
Watch Testimonial

Get Covid-19 Support   

Delivering 6.5 million cost savings through successful payroll and accounts outsourcing relationship

Covid-19 payroll support for UK businesses

Finance & accounting functions support

We understand that many businesses are facing staffing issues owing to staff unable to work from home, or on leave to take care of their family or themselves. If you are missing any key resources in your finance & accounting team and need a helping hand, you can consider accessing our large pool of talented UK accountants and credit control specialists. We can help you with the right resources for:
Credit control
Accounts payable
Management accounts
General accounting
And more…

Steve Wild
Finance Director of Victoria Hall Management Limited
Watch Testimonial

Get Covid-19 Support   

Delivering 50% cost reduction, improved operational control and optimised management reporting activities

Finance & Accounting Services

Coronavirus Business Interruption Loan Scheme (CBILS)

Coronavirus Business Interruption Loan Scheme (CBILS) and Coronavirus Large Business Interruption Loans (CLBILS) provide financial support to businesses across the UK that are losing revenue, and seeing their cash flow disrupted, as a result of the COVID-19 outbreak. The government has extended the scheme to cover larger businesses and Personal Guarantees are no longer required for loans less than £250,000.
This loan can provide a lifeline to UK recruitment agencies facing cash flow issues; however, preparing and submitting documents for the viability test to prove ability to service the loan is a challenging ask. While the final outcome will depend on the condition of your business and the criteria laid down by the lender, QX can help you create an effective application for loans up to £250,000. Our key services include:
Filling-up loan application form
Choosing flexible repayment structures
Cashflow forecasts preparation
Management Accounts preparation
Compile documents/records supporting your loan application

Get Covid-19 Support   

10 things you need to know

Coronavirus Job Retention Scheme (Furlough)

The Job Retention Scheme allows eligible businesses to access a grant that covers 80% of furloughed employees usual monthly wage costs, up to £2,500 a month. While it is a temporary scheme in place for 4 months starting from 1 March 2020, it may be extended if necessary.
Preparing the applications may place additional administrative burden on already depleted teams. QX can provide you with the support prepare and apply for the Job Retention Scheme:
Determine your eligibility
Prepare and submit documentation for claims
Submit claims on your behalf

10 things you need to know

For more information and expert advice, please get in touch with us