Employers have been warned that businesses abusing the furlough scheme will face action from fraud investigators.
COVID-19
We are here to support you during the ongoing coronavirus pandemic.
Please read the articles below for our latest updates.
Getting prepared for the financial challenges after lockdown
It is vitally important as we come out of the year-long lockdown and hopefully into a brighter future, that businesses are fighting fit and ready to take on new challenges…
Four in 10 exporters report international trading difficulties, study reveals
Almost four in 10 exporters say sales have dropped in the wake of the coronavirus pandemic, a major study has revealed.
Coronavirus Restart Grant
Businesses in the non-essential retail, hospitality, leisure, personal care and accommodation sectors can now access one-off cash grants of up to £18,000 from their local council. The Restart Grant scheme…
The Coronavirus Business Interruption Loan Scheme is closing soon – Apply today!
The Coronavirus Business Interruption Loan Scheme (CBILS) is due to end on 31 March 2021, after which no further applications for the scheme can be made. CBILS allows businesses to…
Repaying COVID-19 Government-Backed Loans
Businesses that have used the Coronavirus Business Interruption and Bounce Back Loan schemes may soon see their 12-month payment-free period end soon. Businesses that took out a loan when they…
Newly self-employed asked to complete pre-verification checks before applying for fourth SEISS grant
Newly self-employed taxpayers may be required to undergo pre-verification checks before they can access the fourth self-employment income support (SEISS) grant, it has been revealed. HM Revenue & Customs (HMRC)…
Preparing for the upcoming changes to furlough
The Coronavirus Job Retention Scheme (CJRS), more commonly referred to as furlough, will now be extended until the end of September this year following confirmation in the recent Chancellor’s Budget.…
Take advantage of the super-deduction from 1 April 2021
At the start of April, the Government will introduce the new super-deduction and special rate first-year allowance to help businesses invest in qualifying plant and machinery, as the nation looks…
Budget 2021: what you need to know about the Recovery Loan Scheme
The Recovery Loan Scheme will help businesses restart and recover from the Covid-19 pandemic, the Government has announced.
