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Industry Updates
Put the cash back into your business!
Discover everything you need to know to acquire funding and loans in 2021! As expected, we have seen the government extend initiatives, pumping more money into the pot.
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Key Points of the 2021 Budget
Chancellor of the Exchequer Rishi Sunak has delivered the 2021 UK Budget, extending several coronavirus support schemes and outlining plans for the country’s post-pandemic recovery.
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Pay As You Grow - How To Extend Your Bounce Back Loan
See how you can extend your repayment time to 10 years for your Bounce Back Loan! Option to pay interest only for 6 months for your Bounce Back Loan. Payment Holiday for 6 months for your Bounce Back Loan. Get in total 18 months payment-free for your Bounce Back Loan
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Brexit VAT Changes! What You Need To Know
VAT changes, EU-UK trade deal, Brexit Transition Period, VAT changes that affect your business, Non-Union MOSS Schemes, MOSS Schemes, SME Brexit Support Fund, Economic Operators Registration and more...
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Closed For Business Lockdown Payment - What you need to know!
A one-off top up grant for retail, hospitality and leisure businesses worth up to £9,000 per property and is in addition to existing grant support. Any business which is legally required to close and which cannot operate effectively remotely, is eligible for the grant.
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Self-Employment Income Support Scheme (SEISS) (updated 25th March 2021) How to claim 4th and 5th payment!
The Self-employment Income Support Scheme will provide grant support to self-employed individuals whose income has been negatively impacted by COVID-19. Individuals will pay Income Tax and National Insurance on any payments received through SEISS
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Coronavirus Job Retention Scheme (CJRS) (updated March 3rd 2021)
Coronavirus Job Retention Scheme (CJRS) (updated March 3rd 2021), Furlough, Flexible Furlough, Employee Rights, 10% towards the hours do not work in July, increasing to 20% in August and September. Maximum £2,500 per month.
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Coronavirus Business Interruption Loan Scheme (CBILS)
Coronavirus Business Interruption Loan Scheme (CBILS), access to terms loans, overdrafts, asset finance and invoice finance from accredited lenders up to £5 million. Under the scheme, lenders will not take any personal guarantees of any form for facilities below £250,000.
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Bounce Back Loan Scheme (BBLS) - 31st March 2021 Deadline!
Bounce Back Loan Scheme, BBLS, loans from £2,000 up to 25% of your business turnover or £50,000 whichever is lower. Deadline 31st March 2021. You are eligible for BBLS if
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£20 Million In New Grants That Can Boost The Recovery Of Your Business
Don’t miss out! The Government is going to introduce £20m of funding to help the recovery of smaller businesses from the COVID-10 pandemic. The grant schemes will be open from Tuesday 15th September 2020 at midday.
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Eat Out to Help Out Scheme
The government recently announced its Eat Out to Help Out scheme, aimed at helping the Hospitality Industry.
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