A second grant under the SEISS scheme has has been announced and applications will open through the HMRC portal on 14th August 2020. Some of the key features of this new grant are:
Read moreCorona Virus
Since April employers have been able to claim up to 80% of their costs for furloughed staff under the Coronavirus Job Retention Schemes (“CJRS”). Last month the chancellor has announced the gradual winding down of the furlough scheme. Starting in July major changes will come into effect:
Read moreCoronavirus loans: Don’t give up yet – here come the new Bounce-Back Loans
Mike Braun April 30, 2020Coronavirus loans: Don’t give up yet – here come the new Bounce-Back Loans
One of the government’s flagship support measures was to provide guaranteed loans to small businesses. The less than snappily named Corona Business Interruption Loans Scheme, or CBILS, would provide small business with essential cash to see them through the financial crisis. Four weeks later only a tiny fraction of the funds have been offered to businesses.
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