Government launches Business Support Finder tool
Apr 22, 2020
With an increasing array of Coronavirus business support measures available to different types and sizes of business, the Government has launched a new Support Finder tool to help businesses identify what support packages they could be eligible for. The new tool ...
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Government announces Future Fund for fast-growing businesses
Apr 22, 2020
The Government has announced a new scheme to help businesses with the impact of Coronavirus. The Future Fund is aimed at rapidly growing businesses that typically rely on equity investment. These businesses are often pre-revenue or pre-profit and have been unable ...
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Administering the Coronavirus Job Retention Scheme
Apr 22, 2020
We appreciate that you are probably hard at work making the necessary arrangements and sourcing the required information for the Coronavirus Job Retention Scheme (CJRS) at the moment. The portal went live this week and can be accessed by clicking here. Initial ...
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Employers should continue to meet automatic enrolment obligations despite coronavirus disruption, says TPR
Apr 20, 2020
Employers should continue to enrol, re-enrol and contribute towards workers’ pensions whether they are furloughed or not, The Pensions Regulator (TPR) has confirmed. The warning forms part of new guidance designed to help firms affected by Covid-19 meet their automatic enrolment ...
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Coronavirus Job Retention Scheme online portal launches
Apr 20, 2020
The Coronavirus Job Retention Scheme (CJRS) online application portal went live at 8am on Monday 20 April 2020. The CJRS allows employers to retain employees on the PAYE Payroll who are not carrying out work for them by placing them on ...
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COVID-19 – HMRC relax inheritance tax process
Apr 17, 2020
HM Revenue & Customs (HMRC) has announced changes to the inheritance tax (IHT) process to ensure minimal disruption because of the coronavirus pandemic. The changes come as a result of the current lockdown measures and aim to ensure that the IHT ...
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Personal loans, credit cards and overdrafts
Apr 07, 2020
The Financial Conduct Authority (FCA) is fast-tracking new measures that will force banks to freeze loans and credit card payments for up to three months to help those individuals whose finances are affected by the Coronavirus outbreak. The measures should be ...
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Latest amendments to the Coronavirus Job Retention Scheme announced
Apr 07, 2020
The Government has made several amendments to the Coronavirus Job Retention Scheme (CJRS), which was first announced by Chancellor, Rishi Sunak on 20 March, immediately after the Prime Minister ordered the closure of pubs, restaurants and bars. The scheme is intended ...
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The Coronavirus Large Business Interruption Loan Scheme (CLBILS)
Apr 07, 2020
The Government has announced a further scheme to support businesses through the Coronavirus crisis. The Coronavirus Large Business Interruption Loan Scheme (CLBILS) is aimed at large businesses with annual turnovers of between £45 million and £500 million. These businesses cannot access facilities ...
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Revised Coronavirus Business Interruption Loan Scheme (CBILS)
Apr 06, 2020
The Government has announced significant revisions to the Coronavirus Business Interruption Loan Scheme (CBILS) that come into effect from Monday 6 April 2020, opening up the scheme to a wider range of businesses. The Scheme provides UK-based SMEs with turnovers of ...
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