by admin | May 12, 2020 | Business Support |
If your suppliers offer you goods or services on credit, this will have a beneficial impact on your cashflow. You will have had the benefit of using the goods or services supplied, and the funds to pay for them, initially, stay in your bank account. This benefit can...
by admin | May 6, 2020 | Business Support |
The present lock-down has had a varied effect on UK businesses. Obviously, firms that operate in hospitality, tourism and retail – where in the main, the no-contact directive means businesses can no longer operate – have more or less stopped trading....
by admin | May 6, 2020 | Business Support |
Up to the lock-down, most business owners were fully engaged in running their businesses and chasing new sales opportunities. The opportunity to take time out to consider longer-term issues: expanding your business, planning for a business exit or retirement, were...
by admin | May 6, 2020 | Business Support |
The Scottish Government has announced a new £100 million package of additional grant support for small and medium sized businesses (SMEs) and newly self-employed people. The money is allocated to three separate funds. The funds opened for applications on 30...
by admin | May 6, 2020 | Business Support |
The Coronavirus Job Retention Scheme allows employers to claim cash grants of up to 80% of wages (capped at £2,500) for furloughed workers. In the most recent update to HRMC’s guidance there is a clarification relevant to directors that are paid...
by admin | May 6, 2020 | Business Support |
The Bounce Back Loans scheme first announced by the Chancellor, Rishi Sunak, in late April was launched on 4 May 2020. The new scheme allows small businesses to borrow between £2,000 and £50,000 and access the cash in most cases within 24 hours of...
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