What is Your Post Lockdown Strategy?

Now is the time to think about how you are going to grow your business, after the lockdown. Set out your goals The current disruption being experienced by businesses across the world is a huge challenge. However, it may also be an opportunity for your firm. Start by...

Government Launches New Bounce Back Loan Scheme for Small Businesses

Chancellor, Rishi Sunak, has announced a new Bounce Back loan scheme, allowing small businesses to apply for a loan of up to £50,000, with the government guaranteeing 100% of the advance. Small businesses can apply for a minimum of £2,000 up to a maximum of £50,000,...

COVID-19: Update on Government Support Schemes

The HMRC application portal opened on 20 April for businesses to submit details of furloughed employees. On the first day the website was very slow, but this seems to have settled down. There have been several issues uploading the data to the portal especially with...

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: •...