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Funding and Grants Available to help Covid-19 Affected Businesses
Since March when the government announced the initial National Lockdown there have been a raft of support initiatives launched, and many now closed, to support the economy. As furlough winds down over the next few months we thought it might be useful to highlight some of the support still available which you may not have…
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BLOG: Budget could feature treble-tax hike – with wealthy taking the hit
As reports circulate that Chancellor Rishi Sunak is planning a three-pronged tax raid on the wealthy in the upcoming Budget, Burgis & Bullock’s Head of Tax Anne Rose reviews the possible changes. We know that Sunak is a young, ambitious Chancellor and were it not for Covid would have already set out his economic agenda…
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Temperance diversifies after lockdown to continue support for local artists
A Leamington café and bar which has become a hub for the creative arts will be able to continue its support for artists after diversifying post-lockdown. Temperance, based in heart of the town on Bath Street, was set up in May 2018 and temporarily shut in March when Covid-19 forced the blanket closure of cafes,…
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How to work out break even for your business
If you’re confident there’s a genuine demand for your potential product or service (and at the price you want), the next step is to work out how much you need to sell each month to make a profit. Will your business venture be worth it? It’s unlikely your business will be profitable from day one.…
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BLOG: Capital Gains Tax review in progress, but don’t act prematurely!
By Rosy Hughes, Head of Private Client Tax Over the coming months and years the Government will be looking at every turn to claw back the cost of extra spending during the Coronavirus pandemic – and it looks like Capital Gains Tax (CGT) will be among the first targets. Chancellor Rishi Sunak announced last month…
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How your business can thrive even in a recession
The pains caused by a recession can be excruciating, which is why most of us dread the thought of it. A recession can mean massive layoffs, jobs becoming harder to find, and wages frozen, which means consumers hunker down and spend less– often worsening the economic slowdown unknowingly. For most businesses, especially small businesses, recessions…
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Questions to ask as your small business recovers from COVID-19
As small business owners look to operations after COVID-19, there are some important business questions to ask. These questions will help you determine what adaptations you want to keep, whether your business model is working, and if there are additional changes you want to make to keep your company operational through future economic downturns. It’s…
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Prepare a business plan for COVID-19 recovery
You probably didn’t factor a global pandemic and national lockdown into your business plan! So now is definitely a good time to revisit your business plan for the next year. We know that writing a plan can feel like a big effort so we have created a template to make it easier. Please get in…
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BLOG: Are you still serving your customers in ‘the new normal’?
By Sean Farnell, Partner As a business owner it could be easy to focus solely on your employees and ensuring your company is adequately financed as your business recovers from the effects of the Covid-19 pandemic. While that is understandable as a position, now is as important a time of ever to fully understand the…