Coronavirus Job Retention Scheme: Stage 2.0

It’s been a long three months since the word ‘furlough’ first entered everyday vocabulary and as the UK slowly emerges from lockdown, the Coronavirus Job Retention scheme, or CJRS, also begins to taper. The last date to register an employee for the CJRS has now...

The Future Fund: Key Details and Eligibility Criteria

Wednesday saw the launch of The Future Fund, the Government’s latest initiative to help businesses navigate the current crisis. The Government has partnered with The British Bank on The Future Fund Convertible Loan Notes (its full name) and the application portal...

COVID 19 : The Future Fund Support Scheme

Businesses that rely on equity investment and haven’t been covered under the Government’s previous support schemes could be eligible for the Future Fund. The Future Fund provides loans ranging from £125,000 to £5 million, on the proviso that this amount is at least...

Self-Employment Income Support Scheme: Submitting Claims

The Self-Employment Income Support Scheme portal is now open for claims. To be eligible you need: • To have traded in the tax year 2018 to 2019 • To have submitted your Self Assessment tax return on or before 23 April 2020 for that year • To have traded in the tax...

COVID-19 Self-Employed Income Support Scheme

The Government’s Self-Employment Income Support Scheme is expected to be available for claims from as early as Wednesday 13th May. In order to submit a claim: 1. You must have a Government Gateway account and ID 2. You must do this yourself, you cannot ask an...

COVID 19: Microbusiness Bounce Back Loans

The Microbusiness Bounce Back loan is the latest Business Support measure and was announced by the Chancellor this Monday 27th April. A microbusiness is defined as a business with fewer than ten people and the scheme offers the following support: • A 12 month interest...