Coronavirus Bounce Back Loan – Top Up

The Bounce Back Loan Scheme (BBLS) enables you to borrow between £2,000 and up to 25% of your turnover. The maximum loan available is £50,000. The scheme is open to applications until 31st January 2021. If you already have a Bounce Back…
CORONAVIRUS JOB RETENTION SCHEME

Extension to furlough: Here's what we know so far

On Saturday night, Prime Minister Boris Johnson announced that the Job Retention Scheme would be extended. The initiative will continue to pay up to 80% of the wages of staff unable to work due to the effects of the coronavirus pandemic. It…
Commercial vehicle

Changes To Commercial Vehicle Rules

The Court of Appeal has made its final ruling on Payne, Garbett and Coca-Cola European Partners Great Britain Ltd v HMRC -  a case that forms the peak of a protracted debate over the difference between cars and vans. The Court has concluded…

Changes to the Job Support Scheme

In a welcome announcement yesterday, Rishi Sunak revealed new changes to the Job Support Scheme (JSS). The changes will re-establish more practical support for businesses adversely affected by COVID-19. Changes to the Job Support Scheme (JSS…

Changes to the Local Restriction Support Grants

In a welcome announcement yesterday, Rishi Sunak revealed new changes to the Local Restriction Support Grants (LRSG). The changes will re-establish more practical support for businesses adversely affected by COVID-19. Cash Grants for businesses…

Changes to the Self Employed Income Support Scheme

In a welcome announcement yesterday, Rishi Sunak revealed new changes to the Self Employed Income Support Scheme (SEISS). The changes will re-establish more practical support for people adversely affected by COVID-19. The Self Employed Income…

Importance Of Fee Protection

Each year, HMRC randomly select a number of tax returns to investigate, to ensure compliance in taxpayers reporting their tax. This has long been the case and is something that every business should be aware of, but this year the chances of…

Kickstart Scheme

As the Government steps up efforts to limit the likelihood of mass unemployment as the result of the coronavirus pandemic, many local authorities have received and distributed funding to small and medium-sized businesses in their regions. A…

Follow Your Dreams – Starting Your Own Business

Over the past few months, many people have gotten a taste of working from home. For some, this will have sparked an interest in working for themselves, and taking their current set up and knowledge and turning it into an enterprise of their…
Recession

Ways To Increase Resilience During A Recession

Eleven years since the end of the last recession, the world is once again facing a global economic downturn, as a result of the COVID-19 outbreak.. The World Bank estimates that global GDP fell by 1.7% in the last recession, and businesses…
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