COVID-19 funding schemes
The Tax and HR experts of our Fee Protection Partners, Croner Taxwise, have crafted a handy factsheet on the government’s COVID-19 funding schemes. The interactive PDF shows each grant, incentive and programme currently available to UK businesses, with corresponding links to the government’s website where you can access the funding. Plus, there is info on […]
£4.6 billion in new lockdown grants to support businesses and protect jobs
£4.6 billion in new lockdown grants to support businesses and protect jobs Businesses in the retail, hospitality and leisure sectors are to receive a one-off grant worth up to £9,000, the Chancellor has announced. Click here to read more
UPDATE: Furlough Scheme extended to 31st March 2021
UPDATE: Furlough Scheme extended to 31st March 2021 You’ve probably seen that the Chancellor of the Exchequer has extended the Job Retention Scheme until March 2021. For many employers, the extra funding will come as a big relief. But with the rules on furlough changing rapidly, you may need more information on how the extension […]
FURLOUGH SCHEME EXTENDED AND FURTHER ECONOMIC SUPPORT ANNOUNCED
FURLOUGH SCHEME EXTENDED AND FURTHER ECONOMIC SUPPORT ANNOUNCED At the time of posting this update the Government have not yet published their guidance notes, below is a brief summary of the main points of the announcement made on 31st October 2020. Job Retention Scheme The Coronavirus Job Retention Scheme has been extended for a month […]
Changes to the Coronavirus Job Retention Scheme.
Changes to the Coronavirus Job Retention Scheme. This guidance page was updated on 12 June to include details on how the scheme will change from 1 July. Full details can be found by following this link: https://www.gov.uk/government/publications/changes-to-the-coronavirus-job-retention-scheme/changes-to-the-coronavirus-job-retention-scheme The first time you will be able to make claims for days in July will be 1 July, […]
Bounce Back Loans applications now open
Coronavirus bounce back loans The new Bounce Back Loans scheme is now open for applications. The scheme allows small and medium-sized businesses to borrow between £2,000 and £50,000 and access the cash within days. The government guarantees 100% of the loan and there won’t be any fees or interest to pay for the first 12 […]
Small Businesses Boosted by Coronavirus Bounce Back Loans
New 100% government backed loan scheme for small businesses available from 4 May 2020 Small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders. Loans will be interest and repayment free for the first 12 months. Businesses can apply online through a short and simple form […]