Can I save money by leasing a car through my company?
Is it cheaper to lease a car through a limited company? It’s a question we’re often asked, but the answer isn’t quite so straightforward.
Finance
Why is it important to assess your accounts during COVID-19?
It’s not just the past, but the future you have to consider. Owners and directors of small and medium-sized businesses have come under threat by the COVID-19 pandemic, with many companies having to change the way their business may operate.
COVID-19: UK businesses owed more than £133 billion since lockdown began
UK businesses are owed more than £133 billion since the lockdown measures began in March, with the average business waiting on £148,917 for work that was completed before the lockdown.
Businesses access £35 billion through COVID-19 support schemes
The Government has now delivered almost £35 billion in corporate finance to businesses affected by COVID-19, it has been revealed. The figures, published by the British Business Bank (BBB), highlight the importance of the business support schemes three months after shops and workplaces were forced to close their doors. According to the statistics, around 750,000 …
Businesses access £35 billion through COVID-19 support schemes Read More »
Trade Credit Reinsurance scheme to support 630,000 UK businesses
More than 630,000 UK businesses have been given the confidence to trade during Covid-19 after the Government announced guarantees of up to £10 billion to Trade Credit Insurance schemes. Trade Credit Insurance enables businesses to trade safe in the knowledge that they will be protected if a customer defaults or delays on payment. According to …
Trade Credit Reinsurance scheme to support 630,000 UK businesses Read More »
One-third of SMEs ‘may never re-open’ after COVID-19, study reveals
One-third of small businesses believe they will never reopen as a result of COVID-19 disruption, according to the latest research.
Self-assessment tax payment on account deferral scheme open to ALL taxpayers, says HMRC
Updated guidance has revealed that the self-assessment payment on account deferral scheme will now apply to all taxpayers, not just the self-employed. This includes property income and individuals with investments.
The Coronavirus Business Interruption Loan Scheme (CBILS) and how to apply
first published March 27 2020. Revised update April 6 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 up to £45 million …
The Coronavirus Business Interruption Loan Scheme (CBILS) and how to apply Read More »
Coronavirus rescue support for businesses
Businesses throughout the UK have been hard-hit by the Coronavirus pandemic. The UK government has brought in timely rescue measures and is working as fast as possible in mobilising them so that they can feed in to businesses that desperately need them.
Enterprise Finance Guarantee scheme – eligibility restrictions for small businesses
The Enterprise Finance Guarantee (EFG) supports small businesses by providing finance to smaller businesses that cannot obtain finance from their lender because of insufficient security. The British Business Bank has now announced that a number of eligibility restrictions are in place because of the European Union’s (EU) state aid rules.
