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The end of September sees the beginning of a number of important Covid Funding related deadlines, including but not limited to: Deadline for submitting Eat Out to Help Out Scheme claims. Deadline for applying to the Coronavirus Business Interruption Loan Scheme (CBILS).   Below is a helpful timeline tracking the key deadlines you need to....

Coronavirus: Winter Economic Plan…   Boris Johnson announced new coronavirus restrictions on Tuesday which could last six months. Following this announcement Chancellor Rishi Sunak delivered a statement on Thursday setting out plans to help workers and businesses hit by these new coronavirus restrictions.   If you have any concerns, general queries, or specific questions on....

Coronavirus: Self Employed Income Support Scheme – Round 2…   While the first round of Self Employed Income Support Scheme (SEISS) grants is running to a close in the coming weeks, the scheme has been extended with a second (and final) round of grants scheduled to be made available in August.   This second round....

Coronavirus: Missed VAT deferral deadline reclaims…     One of the measures that has been in place since the first raft of announcements to support businesses during the coronavirus pandemic is the option to defer VAT payments.   For VAT payments falling due in the period between 20 March 2020 to 30 June 2020 businesses....

Coronavirus: Job Retention Scheme – Update..     On 29 May chancellor Rishi Sunak, announced changes to the rules affecting furlough, more formally known as, the Coronavirus Job Retention Scheme (CJRS).      Flexible furloughing   From 1‌‌ July 2020, there is the flexibility to bring previously furloughed employees back to work part-time – with....

Coronavirus: Sick Pay Rebate Scheme Opens 26 May…     One of the longer acronyms emerging from the raft of new legislation to support businesses through the coronavirus pandemic, the CSSPRS, or Coronavirus Statutory Sick Pay Rebate Scheme, will be going live in the next week.   Claims are to be made through the CSSPRS....

Coronavirus: Self Employed Income Support Scheme Update…     HMRC has begun contacting taxpayers who may be eligible for the Self-employment Income Support Scheme (SEISS) this week. The communication received from HMRC includes instructions for when the claim portal opens.   Do not worry if you have not yet received communication from HMRC. Information is....

Coronavirus: Local Business Grants Top-Ups…   On Saturday 2nd May 2020 the government announced that a discretionary fund has been set up to accommodate certain small businesses previously outside the scope of the business grant funds scheme.   The 5% top up to the local business grant funds scheme is aimed at closing the gap....

Coronavirus: Bounce Back Loan Scheme Details…     Further details in relation to the BBLS have now been announced including a list of accredited lenders and instructions on how to apply.     Who is it for? The scheme is intended for businesses that are losing revenue and seeing disruptions in cashflow due to the....

Coronavirus: ‘Bounce Back’ Business Loan Announced…   Rishi Sunak, yesterday updated the range of loans available to businesses because of the impact of Covid-19. The newest type of loan has been named the ‘Bounce Back’ loan with it being described by The Chancellor as a “simple, quick, easy solution for those in need of smaller....