Bounce Back loans sum to over £46 billion

Since the coronavirus (COVID-19) support scheme was launched last May, more than 1.5 million Bounce Back loans have been taken out. According to the Treasury, borrowing by businesses is now over £46 billion. The Coronavirus Recovery Loan Scheme is set to replace the...

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£1.5 billion fund for business rates relief

Business rates relief is to be extended with a £1.5 billion fund targeted at those businesses unable to benefit from the current coronavirus (COVID-19) support. As part of a 15 month-long relief which runs to the end on June this year retail, hospitality and leisure...

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SMEs could claim up to £2000 to help with training

Nigel Holland Small and medium-sized enterprises (SMEs) requiring advice on imports and exports can now apply for a grant of up to £2,000. What you’ll be able to use the grant for You can use the grant for training on: how to complete customs declarationshow to manage...

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Class 2 NIC warning

Nigel Holland " There have been worrying developments regarding the HMRC payment holiday and the deferral which has been offered. Class 2 payments must be made to qualify for certain benefits and although the government's help is appreciated it could have a knock on...

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Tax rates 20/21

Nigel Holland " Here are the tax tables for 2020/21 which have been announced in the recent budget."Nigel Holland Rates and thresholds for employers 2021 to 2022 Use these rates and thresholds when you operate your payroll or provide expenses and benefits to your...

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Budget announced

Nigel Holland "A budget which will continue to support the economy as well as trying to pay back the costs of borrowing in the future.Furlough extended, coronavirus support extended, no change to rates of income tax. Corporation tax to shoot to 25% by 2023."Nigel...

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How to obtain Grant from Council

Many businesses are receiving Grants from the Local Council. Nigel Holland If your income/sales has fallen by more than 40% as a result of Covid 19 apply to your council for a grant We would be able to complete this application immediately. We are very keen to help...

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Government offers firms new grants to survive lockdown

Nigel Holland Businesses in retail, hospitality and leisure will receive new grants to help them keep afloat until spring, Chancellor Rishi Sunak has said. The grants will be worth up to £9,000 per property, the Treasury says. Mr Sunak told the BBC he was "committed...

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Companies House Guidance

Nigel Holland Coronavirus guidance for Companies House customers How we’ve adapted the way we work to maintain our services for the public and protect the welfare of our employees.Published 18 March 2020Last updated 6 November 2020 — see all updatesFrom:Companies...

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