Small businesses in England are able to benefit from a new tranche of government grants designed to help them recover from the impact of coronavirus through professional advice - including guidance from accountants. The scheme will dispense grants of between £1,000 - £5,000 to small and medium-sized businesses from an overall fund of £20m to help them access professional services advi...

The Coronavirus Business Interruption Loan Scheme (CBILS) is currently set to close for applications at the end of September 2020. Whilst formal Government announcements are still to materialise, it is our understanding that the Scheme will close for applications this month – and that Banks are working upon the understanding that they will need to have their credit function approve th...

Claims for the first Self-employment Income Support (SEISS) grant must be made by Monday 13 July.   Deadline for Self Employment Income Support Claim Businesses which have been adversely affected by Covid-19 and are eligible to make a claim under the first SEISS grant must do so by 13 July 2020. This deadline will be rigidly enforced, and after that date you will only ...

The Government last week announced a further Grant Fund Scheme, to be known as The Local Authority Discretionary Grant Fund. This scheme will help support small and micro businesses that are not eligible for other grant schemes Apply for the coronavirus Local Authority Discretionary Grants Fund   What is The Discretionary Grant Fund? Small and micro businesses w...

On Friday 29th May, the Government set out further clarification of how the Job Retention Scheme is to be amended in the coming months, in order to support businesses returning staff back to work. The update features improved flexibility to bring furloughed employees back part time from July, and a new taper requiring employers to contribute modestly to furloughed salaries from August...