OVERVIEW Finally, here’s a link to a downloadable infographic travel advice poster; it may be useful to print and display in your workplace: Travel Advice Poster We will issue further advice and guidance Bulletins as the Covid-19 situation develops. Sir Henry Boyle0830 hrs 13th May 2020
OVERVIEW The revised Self-Employment Income Support Scheme (SEISS) If you’re self-employed or a member of a partnership and have been adversely affected by Coronavirus the Treasury has issued some updated guidance and regulations on the Self-Employment Income Support Scheme (SEISS), which makes their existing support more generous. In this Bulletin you can find out if …
COVID-19 BRIEFING FOR SME’S ISSUED AT 1200 hrs on 5th MAY 2020 Read More »
OVERVIEW This Bulletin gives additional information about the new Government Bounce Back Loan Scheme (BBLS) and its relationship to the Coronavirus Business Interruption Loan Scheme (CBILS) BBLS and CBILS Last week we sent advance information on the new BBLS, which has officially launched today (Monday 4th May). The BBLS fast-tracks funding to SME’s with loans …
COVID-19 BRIEFING FOR SME’S ISSUED AT 1430 hrs on 4th MAY 2020 Read More »
OVERVIEW This bulletin covers: The new Government Bounce Back Loan Scheme (BBLS) and its relationship to the Coronavirus Business Interruption Loan Scheme (CBILS) Many small and micro businesses have had difficulty in accessing the CBILS support, often because lenders were unwilling to take on their 20% risk value (the Government agreed to cover 80% of …
COVID-19 BRIEFING FOR SME’S ISSUED AT 1815 hrs on 28th APRIL 2020 Read More »
OVERVIEW This Bulletin covers: Government Support Finder Portal With a number of Government support schemes now operational, it is a good time to check that you have applied for all the help to which you are entitled, both personally and for your organisation. With the large volume of information circulated in the past few weeks …
COVID-19 BRIEFING FOR SME’S ISSUED AT 0930 hrs on 24th APRIL 2020 Read More »
OVERVIEW As we enter Week 5 of the ‘lockdown’ it is helpful to share some updates and reminders of the various national and local schemes that are in place, or in preparation, to help businesses and individuals Coronavirus Business Interruption Loan Scheme (CBILS) Many companies have now registered for this scheme and the approved banks …
COVID-19 BRIEFING FOR SME’S ISSUED AT 1200 hrs on 20th APRIL 2020 Read More »
CBILS We are pleased to tell you that the Treasury has confirmed that Directors’ personal guarantees are no longer required for business loans under this scheme. It is likely that approved lenders (40 accredited lenders ) will ask for some information about an applicant’s personal financial situation. This is because it’s important that business owners …
COVID-19 BRIEFING FOR SME’S ISSUED AT 1300 hrs on 9th APRIL 2020 Read More »
OVERVIEW Following extensive criticism from small businesses and representative groups about the difficulty in accessing the Government’s Coronavirus Business Interruption Loan Scheme the Chancellor of the Exchequer has announced new measures to make it easier. We are also expecting further announcements about existing loans and credit cards next week. THE CORONAVIRUS BUSINESS INTERRUPTION LOAN SCHEME …
COVID-19 BRIEFING FOR SME’S ISSUED AT 1200 hrs on 3rd APRIL 2020 Read More »
OVERVIEW The Chancellor of the Exchequer has announced a package of measures to help the Self-Employed and Freelancers who are not PAYE employees. Added together these groups make up around 5 million people in a total UK workforce of about 28 million. The Chancellor says that his package will assist about 95% of the 5 …
COVID-19 BRIEFING FOR SME’S ISSUED AT 1900 hrs 26th MARCH 2020 Read More »
OVERVIEW The Coronavirus Bill 2020 has become an Act of Parliament and therefore is now part of UK law. It delivers a huge range of powers that the Government can exercise to help keep us safe during the current Covid-19 emergency. Although Parliament has risen early to protect not only MP’s and Peers but also …
COVID-19 BRIEFING FOR SME’S ISSUED AT 1800 hrs 25th MARCH 2020 Read More »