COVID-19: Business Survival Guide

The government has stepped in to provide support to certain areas of the economy but even with this becoming available in the coming weeks, some of us will need advice on how to survive the lock down. Here are our thoughts. 1. Apply for all government supports if you...

Personal Tax Changes for 2020/21

What you need to know for the tax year. The Government left it to the very last minute to announce its tax plans for 2020/21. Fortunately, Chancellor Rishi Sunak had a few surprises up his sleeve in last month’s Spring Budget. Three of the main taxes in the UK –...

Updated: Coronavirus Business Interruption Loan Scheme (CBILS)

HM Treasury has announced that Chancellor Rishi Sunak is taking further action to support firms affected by the coronavirus crisis by bolstering business interruption loans for small businesses and announcing a new scheme for larger companies. The Chancellor states: •...

COVID-19: Access to Emergency Funding for Businesses

As the UK goes into lockdown, business owners across the UK are experiencing cash flow issues due to the COVID-19 pandemic. At Horsfield & Smith we are here to help and support you through this difficult time – we can assist you with: • putting together your...

COVID-19: Government Support for Businesses

On Friday 20 March 2020 the Chancellor set out a package of measures to support public services, people and businesses through the period of disruption caused by COVID-19. The package of measures to support businesses includes: • Coronavirus Job Retention Scheme •...