30 March

COVID-19 – Business Support – The Government Announces Changes To The Insolvency Rules

The government temporarily relax wrongful trading laws to allow Directors to take tough decisions without fear of personal liability.

27 March

COVID-19 – Business Support – How To Make A Claim Through The Coronavirus Job Retention Scheme

COVID-19 – Business Support – How To Make A Claim Through The Coronavirus Job Retention Scheme

HMRC have published their detailed guidance on the eligibility and process for making a claim through the Coronavirus Job Retention Scheme which we have summarised.

26 March

COVID-19 – Business Support – More Support For The Self-Employed

The government has announced additional support for the self-employed, including partnerships, under the Self-Employed Income Support Scheme.

25 March

COVID-19 – Business Support – Three Month Extension for Annual Accounts Filing

Companies House offer a three-month filing extension to businesses impacted by COVID-19.

24 March

COVID-19 – Business Support – Support For The Self-Employed

The pressure is growing for more support for the self-employed during the COVID-19 crisis.

23 March
23 March

COVID-19 – Business Support – Coronavirus Business Interruption Loan Scheme Is Now Live

The Coronavirus Business Interruption Loan Scheme is now live. The key features are: Up to a £5m facility: The maximum value of a facility provided under the scheme will be £5m, available on repayment terms of up to six years. 80% guarantee: The scheme provides the lender with a government-backed, partial guarantee of 80% against […]

22 March

COVID-19 – Business Support – The Landscape From The Last Week – Too Many Fall Through The Cracks

As the government race to build a support structure for businesses and individuals left in crisis from the impact of COVID-19, much has been achieved in a very short time. However, at the moment, too many fall through the cracks.

21 March

COVID-19 – Daily Briefing – New Measures to Support Businesses

Yesterday, The Chancellor announced new measure to support businesses through the challenging times ahead and we now have more details on how these will work in practice. The Coronavirus Job Retention Scheme Under this scheme, which is open to all UK businesses, HMRC will reimburse 80% of furloughed workers wage costs, up to a cap […]

20 March

COVID-19 – Business Support – Emergency Briefing – Action Needed

The Coronavirus Business Interruption Loan Scheme We have been party to communications from Lloyds Bank on their general lending criteria in these times and how they anticipate Business Interruption Loan Scheme is going to work. In our opinion, it isn’t.  This is simply not the right solution for the problem.  Our fear is if this […]