Furlough extended until March

Nigel Holland BBC Chancellor Rishi Sunak has confirmed that he will extend the furlough scheme until the end of March. Mr Sunak said the scheme will pay up to 80% of a person’s monthly wage. He told the Commons that the government will review the policy in...

Coronavirus Business Interruption Loan Scheme

Nigel Holland Apply for the Coronavirus Business Interruption Loan Scheme The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial support to smaller businesses affected by coronavirus (COVID-19).Published 23 March 2020Last updated 2 November 2020...

Extension of grant for self employed

Nigel Holland The UK Government recognises the continued impact that coronavirus (COVID-19) has had on the self-employed and has taken action to provide support. The Self-Employment Income Support Scheme Grant Extension provides critical support to the self-employed...

£3bn Fraud on the Taxpayer

Nigel Holland ” £3bn fraud may have been carried out through the furlough scheme. This money may have been taken by criminal gangs and employers according to the National Audit Office.This figure does not include other fraud which may have taken place in other...

Tax rises inevitable

Nigel Holland ” The Institute for Fiscal Studies has stated that there has to be tax rises and these tax rises are going to be substantial.We are not at the end of the Government spending yet because the pandemic is still with us.There has been a marked drop in...