Loan information
Nigel Holland "There is a lot of information which has been published by the Government concerning the loans which are being handed out by the State.These loans are not applicable to everyone however the availability of loans to the business community is currently...
Some policies are invalid
Nigel Holland " A number of businesses have taken out insurance policies, which on the face of it, cover the business if the business fails due to events such as the recent pandemic. On closer examination these policies may be not fit for purpose. Some of these...
£3bn more Gov spending announced
Nigel Holland " The Government has announced a further £3bn spending on the NHS as preparation for a second wave.More detail about this spending is needed. It is yet another sizeable chunk of taxpayer money that eventually needs paying back."Nigel Holland BBC article...
Jobless surge by 649,000
Nigel Holland " The number of jobless has surged by 649,000 last month and this is before the furlough scheme has even ended.Some commentators suggest that this increase is not as much as expected but a much larger increase is on the cards shortly."The number of...
£4bn VAT reduction starts Now
Nigel Holland "The reduction in VAT from 20% to 5% for hospitality and accommodation businesses starts today.The saving could amount to on average £160 per year per person according to the Treasury.The saving does not necessarily need to be passed onto the customer...
Gov lifts easement measures to suspend voluntary strike off
Nigel Holland "The government introduced temporary easement measures to suspend voluntary strike off action in response to coronavirus. These measures have now been reversed.This is further indication that the business world is slowly getting back to normal.There will...
VAT reduction for hospitality, accommodation and attractions
Nigel Holland " The reduction in VAT from the normal 20% to 5% is a temporary measure introduced by the Government . It should provide a much needed boost to businesses in the hospitality and accommodation sector. It also includes a reduction in VAT to admission of...
Register your establishment for the Eat Out to Help Out Scheme
Nigel Holland "This is a new scheme which the government is trying out. It should provide a boost to the restaurant trade.It expires on 31 August 2020 and alcohol and service charges are excluded.The scheme is part of the government's Covid-19 mini budget, announced...
More Gov help for Business
Nigel Holland "The government has stepped in again with a massive boost for Business.It is a mini budget for jobs which will cost £2bn. Stamp duty is cut as is VAT.Employers will also gain."Nigel Holland Plans include a new £2bn scheme to create thousands of job...
Calls for scale back of Government spending
Nigel Holland " Government spending has already hit record levels. There are now calls to reign in this spending. Some analysts are saying that it is only storing up problems for the future."Nigel Holland Financial Times...
