More news today on the Government Backed loans and this is explained below. Chancellor Strengthens Support On Offer For Business As First Government-Backed Loans Reach Firms In Need HM Treasury has announced the Chancellor Rishi Sunak is taking further action to support firms affected by the coronavirus crisis by bolstering business interruption loans for small businesses and…

There has been a degree of dissatisfaction with the way the government business interruption loan applications have been operating thus far and this has necessitated a revisit by the chancellor culminating with more dialogue and meetings with the Banks which are meant to be the medium through the loans are to be accessible. We have been…

Many people will need to consider Government Benefits because of the Pandemic, some for the first time and  guidance on claiming and amounts will be useful, with this in mind I have included below direct links to  an independent Benefits Calculator. This with the other guidance notes send out earlier in the week (also on our website…

The government plans to introduce emergency changes to overhaul insolvency laws and give “breathing space” to companies hit by the coronavirus crisis, Alok Sharma, the business secretary has announced, in a move to help prevent mass failures. Laws that make it illegal for a business to trade when it is insolvent are set to be…

Following our first article on Frequently asked questions, many more questions have naturally arisen as things are being implemented, so here below are the most recent one and the answers are as per information available as at 31 March 2020 Which employees can we claim for? Furloughed employees must have been on your PAYE payroll on…

This is an area many of you will not have needed to know about but with many individuals falling into UC and the world of State Benefits (as a result of the Pandemic) we thought we can direct you to where you can find the information you require The following information can be found at: http://www.understandinguniversalcredit.gov.uk/new-to-universal-credit/how-much-youll-get/…

#1 Department for International Trade (DIT) has issued guidance for UK Businesses trading internationally. This advice is for UK businesses that export or deliver goods and services abroad and have been impacted by the spread of coronavirus (COVID-19). It includes: DIT support for UK business trading internationally financial support for business trading internationally DIT can support…

Frequently Asked Questions (Based on information available as at 29 March 2020) Under the Coronavirus Job Retention Scheme, all UK employers with a PAYE scheme will be able to access support to continue paying part of their employees’ salary for those that would otherwise have been laid off during this crisis. This applies to employees…

IMPORTANT INFORMATION With things moving very quickly and news from different sources sometimes dis-jointed, I  tried to organise it in some sensible intelligible form which will be helpful to you during these worrying times and at the same time tried to explain items (as far as possible) which are of concern and will effect majority…

IMPORTANT INFORMATION   With things moving very quickly and news from different sources sometimes dis-jointed, I  tried to organise it in some sensible intelligible form which will be helpful to you during these worrying times and at the same time tried to explain items (as far as possible) which are of concern and will effect…

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