Bounce Back Loans – Pay As You Grow Flexible Repayment System

More than a million businesses who took out a Bounce Back Loan will get more repayment time through a new Pay as You Grow flexible repayment system. This includes extending the length of the loan from six years to ten, which will cut monthly repayments by nearly half....

NHS Test and Trace Service In the Workplace

The NHS Test and Trace service: • provides testing for anyone who has symptoms of coronavirus to find out if they have the virus; • gets in touch with anyone who has had a positive test result to help them share information about any close recent contacts they have...

New Job Support Scheme Announced

Today Chancellor Rishi Sunak announced a new Job Support Scheme starting 1 November 2020 to replace the current Job Retention (“furlough”) Scheme which ends 31 October 2020. All small and medium-sized businesses are eligible, larger businesses must show their turnover...

Getting On Top of Self-Assessment

Why 2019/20 is the year to get it done early. With everything that’s happened so far this year, it might be easy to forget your obligations to file a Tax Return for 2019/20 by midnight on 31 January 2021. The Coronavirus pandemic and subsequent economic crisis has...

Business Recovery Grants Update

In July, the Minister for Regional Growth and Local Government announced £20 million new government grants to help smaller and medium sized businesses recover from the effects of the coronavirus pandemic. Thousands of smaller businesses in England could benefit from...

Why Cash Flow Forecasting is Vital Post Lockdown

Now that businesses are starting to re-open, long-term cash flow forecasting is crucial to your business going forward to ensure you thrive and can weather any storm – cash flow is a powerful decision tool and is what will see you through the new ‘normal’. In today’s...