Business rates relief extended

Two significant elements of the Government measures to ease the financial impact of the Coronavirus crisis have been business rates reliefs and grants to certain ‘at risk’ businesses. These include: grants for businesses in the hospitality, leisure and retail sectors a grant for businesses that pay no or little business rates and, A 100 per cent business rates relief for businesses working in certain sectors. Read more…

Coronavirus Business Interruption Loan Scheme (CBILS)

Small to medium-sized businesses in the UK are now able to apply for finance via the Coronavirus Business Interruption Loan Scheme (CBILS) to help them deal with the operating costs of their business and to assist with maintaining cash flow. To help you apply for a loan, we have answered some common queries below: Am I eligible?  The scheme is available to businesses with turnovers Read more…

Preparations Checklist

To help you plan through this pandemic, we have put together a checklist to help you mitigate some of the business impacts:  Consulting with employees on matters including: Statutory sick pay Coronavirus Job Retention Scheme Redundancies and layoffs Defer tax payments by establishing Time to Pay agreements with HM Revenue & Customs (HMRC), for: PAYE NIC CIS (Construction Industry Scheme) VAT MGD (Machine Games Duty)  Read more…