The Coronavirus Business Interruption Loan Scheme provides financial support to smaller businesses (SMEs) across the UK that are losing revenue, and seeing their cashflow disrupted, as a result of the COVID-19 outbreak.The scheme is a part of a wider package of...
With everyone feeling the effects of coronavirus at the moment, what’s changing in the world of tax as 2020/21 begins seems somewhat churlish.Given the Government is splashing the cash to deal with COVID-19, it looks certain that huge tax changes will be...
What schemes are available to support you and your business? The Chancellor has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-19. These include: The...
With the biggest question on everyone’s mind being Furlough, we wanted to provide some insight into what it means and how Employers can make it official? To reiterate, Furlough leave is the Government’s scheme to repay 80% of your employees’ wages up to a gross salary...
If you operate your business as a Limited Company where you’re the only Director, owner, and employee, you’re probably wondering what financial support is available to help you deal with the financial impact of COVID-19. Over the last week, the Government have...
New guidance was released from the Government overnight regarding the Job Retention Scheme and Furlough workers. The additional details, clarified below, will need to be considered when planning for the months ahead. Employers can claim for 80% of furloughed...
