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Burgis & Bullock offers FREE forecasting and planning service for business recovery after Covid-19
Burgis & Bullock is helping businesses plan for life after Covid-19 with free forecasting and planning. The firm is offering the service to assist local businesses in ensuring their finances and operations are prepared for recovery. The free forecasting and planning briefings are being delivered online and have been a hit so far, with around…
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BLOG: Self-employed support online claim service set to open, Rosy Hughes
The online claim service for the self-employed will open next week on May 13 – providing much needed support for self-employed individuals across the UK. It comes nearly six weeks after Chancellor Rishi Sunak announced the support package. Originally, payments weren’t going to be made until June, but this is now being brought forward, and…
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Thousands of businesses could be missing out on Bounce Back Loan funding
Thousands of small businesses could be missing out on up to £50,000 worth of funding that they aren’t aware they are eligible for. The government’s new Bounce Back Loan scheme opened on May 4 with UK banks receiving more than 100,000 applications on the first day, and many businesses receiving funds in 24 hours.…
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BLOG: Bounce Back Loan Scheme a welcome addition, Sean Farnell
Chancellor Rishi Sunak has announced another new loan scheme aimed at supporting SMEs – and the news that the scheme will open on Monday, May 4 has been well received. The ‘Bounce Back Loan Scheme’ will hopefully be a quick solution for businesses that have been unable, or unwilling to, access the existing Coronavirus Business…
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Restrictions on Future Fund could lead to limited take up
A leading accountant has welcomed the new Future Fund but believes that restrictions could lead to limited take up from businesses. The government announced the new scheme to support early stage and start-up businesses which have been adversely impacted by Covid-19 – and are unable to secure finance under the existing Coronavirus Business Interruption Loan…
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Blog: Covid-19 business support update three, Sean Farnell
It has been a month since Chancellor Rishi Sunak stepped up to the podium at Downing Street to announce an ‘unprecedented’ package of support for businesses across the UK. The major step on March 20 was the Job Retention Scheme and we’re now expecting, and hoping, that the portal for the scheme will be going…
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BLOG: Covid-19 business support update two, Sean Farnell
We have been working closely with a great number of clients over the course of the two weeks to answer the numerous questions around the support they can access and are entitled to during the Covid-19 pandemic. There has been considerable uncertainty, fuelled by the distinct lack of the detailed information which goes alongside the initial government announcements. Everybody…
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BLOG: Simon Chapman on changes to UK insolvency laws
Business Secretary Alok Sharma has announced that there will be temporary changes introduced into the UK’s insolvency laws – another measure introduced to support companies hit by the COVID-19 pandemic. We are still waiting for further detailed guidance to be issued so we can understand the specific measures being put forward, but on first…
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BLOG: Reaction to self-employed support announcement, Rosy Hughes
Reaction to Covid-19 self-employed provision – Rosy Hughes, Head of Private Client Tax On Thursday evening Chancellor Rishi Sunak stepped up to the podium again for another announcement – this time tasked with providing support to the self-employed. The provision of financial support for the self-employed population is without a doubt a complex issue, but…