The Government has announced a new 100% Government backed loan scheme for small businesses. Small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders, the Chancellor has announced. Rishi Sunak said the new...
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COVID-19 – Expanded Retail Discount Scheme
The government has launched an Expanded Retail Discount Scheme, providing 100% business rates reliefs to certain businesses in 2020/21, regardless of their rateable value. Please note that this applies to England only. Properties that will benefit from the relief will be...
COVID-19 – Job Retention Scheme Update: Can A Director Be Furloughed?
The Chancellor recently announced plans to support the self-employed, an attempt to bring parity with the Coronavirus Job Retention Scheme for the employed. However, these plans did not include those who pay themselves a salary and dividends through their own...
COVID-19 – Support For The Self Employed
Millions of self-employed individuals will receive direct cash grants to help them during the coronavirus outbreak. In the latest step to protect individuals and businesses, the Chancellor Rishi Sunak, has set out plans that will see the self-employed receive up to...
COVID-19 – Grants Payable To Businesses From £10,000 to £25,000
Many businesses with premises will qualify for a one-off cash grant and we summarise below the qualifying criteria: a) Retail, hospitality or leisure businesses with a rateable value of between £15,000 and £51,000 can access an additional cash grant of £25,000. b)...