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Covid-19 and other news

  • Coronavirus update – Recovery Loan Scheme and proposed Business Rates relief fund – 08/04/2021

    Recovery Loan SchemeAs notified in our Update of 4th  March, and further explained in our Budget Summary, the Recovery Loan Scheme has now opened.   For further details, and list of accredited lenders,   Click HereProposed Business Rates Relief Fund-Businesses in the retail, hospitality and leisure sectors have had 100% rates relief as part of...Read More

  • Coronavirus update – Paying Deferred VAT and Restart Grants – 22/03/2021

    1.) Paying VAT deferred due to Coronavirus Further details have now been released as to how businesses can join the VAT deferral new payment scheme announced last month.If you deferred VAT payments due between 20 March 2020 and 30 June 2020 and still have payments to make, you can: pay the deferred VAT in full,...Read More

  • Support Available to Businesses

    A Handy Guide to Help You On 3rd March Rishi Sunak introduced a number of new measures of support for SMEs as part of his budget.  He also extended some of the existing schemes as well as announcing some new initiatives designed to support the survival, growth and development of businesses. From the extension of...Read More

  • Coronavirus Update – Budget 2021 – 04/03/2021

    Yesterday, the Chancellor presented his 2021 Budget which, to the relief of many, announced continuing  Coronavirus business support. This includes: -The extension of CJRS ( furlough) to September 2021. -Further grants under the Self-Employment Income Support Scheme ( SEISS) for the 3 months to April and 5 months to September 2021. Newly self-employed since April 2019...Read More

  • Coronavirus Update – Improved cashflow support – 18/02/2021

    The Government provides support schemes to assist businesses with their cashflow. The terms of two of the schemes have now been enhanced. VAT deferred between 20th March and 30th June 2020-Businesses who had VAT payments due between 20th March and 30th June 2020 were able to defer payment until 31st March 2021. -A VAT deferral new...Read More

  • Coronavirus Update – Business Support 25/01/2021

    In our Update of 6th January 2021, we alerted you to the on-off grant payments announced that day  - now known as Closed Business Lockdown Payment ( CBLP). At the time it was described as a  grant for closed businesses in the retail, leisure and hospitality sectors. In the most recent Government guidance, that criteria...Read More

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