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Extension of Coronavirus Job Retention Scheme (CJRS)/Furlough Scheme

Extension of Coronavirus Job Retention Scheme (CJRS)/Furlough Scheme

by Wijay Kanagasundaram | Nov 10, 2020 | Covid19, Government announcements, Uncategorized

On 5 November 2020 the Chancellor, Rishi Sunak, announced changes to the package of support measures being introduced as a consequence of a second national lockdown for England. In the original package, the Coronavirus Job Retention Scheme (CJRS) also known as...
Chancellor increases financial support for businesses and workers

Chancellor increases financial support for businesses and workers

by Wijay Kanagasundaram | Oct 23, 2020 | Accounting and bookkeeping, Covid19, Government announcements

The government yesterday announced it will significantly increase the generosity and reach of its winter support schemes to ensure livelihoods and jobs across the UK continue to be protected in the difficult months to come, supporting jobs and helping to contain the virus.

£20M SME COVID RECOVERY GRANT TO GO LIVE

£20M SME COVID RECOVERY GRANT TO GO LIVE

by Wijay Kanagasundaram | Sep 9, 2020 | Accounting and bookkeeping, Covid19, Government announcements

£20 million new funding will be available to help businesses across England get back on track.

Summer statement update: Stamp duty holiday, VAT reduced and other key announcements

Summer statement update: Stamp duty holiday, VAT reduced and other key announcements

by Wijay Kanagasundaram | Jul 8, 2020 | Accounting and bookkeeping, Covid19, Government announcements

Chancellor Rishi Sunak delivered the summer statement (economic update) to the House of Commons earlier today. Below are the key announcements: Stamp Duty Holiday The Chancellor has announced a stamp duty holiday where home buyers will not pay stamp duty up to...
COVID19: Bounce Back Loan Scheme

COVID19: Bounce Back Loan Scheme

by Wijay Kanagasundaram | May 13, 2020 | Accounting and bookkeeping, Covid19, Government announcements, Running a business

The Bounce Back Loan (BBL) Scheme is a new scheme introduced by the government to help smaller businesses impacted by coronavirus (COVID-19). The scheme was launched on 4th of May. It aims to assist those businesses to borrow between £2,000 up to 25% of a business’...
Covid 19 Business help and Guidance

Covid 19 Business help and Guidance

by Wijay Kanagasundaram | May 12, 2020 | Accounting and bookkeeping, Budget, Covid19, HMRC, IR35

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