Monthly Archives: November 2020

Are you eligible for Universal Credit?

What to do if you are placed in a financial position where you do not have sufficient income to meet your monthly outgoings and you are unable to find work to plug the gap. The main government assistance for those who find themselves in this position is to register for Universal Credits. The following notes…
Read more

COVID 19 Update

Important Updates 06 January 2021 https://mcclearyaccountants.com/uncategorised/deadline-reminder-newly-self-employed-support-scheme/ 09 November 2020 https://mcclearyaccountants.com/coronavirus/extension-of-coronavirus-business-loan-schemes/ https://mcclearyaccountants.com/coronavirus/government-extends-furlough-to-march-and-increases-self-employed-support-scheme/ 08 July 2020 https://mcclearyaccountants.com/coronavirus/summer-statement-8-july-2020/ Update 16 June 2020 https://mcclearyaccountants.com/business-planning/changes-to-the-coronavirus-job-retention-scheme/ Update 1 June 2020 https://mcclearyaccountants.com/business-planning/changes-to-self-employed-and-furlough-schemes/ Update 26 May 2020 https://mcclearyaccountants.com/business-planning/coronavirus-ni-micro-business-hardship-fund/ Update 1 May 2020 https://mcclearyaccountants.com/business-planning/self-employed-income-support-scheme-seiss-goes-live-on-13-may-action-required/ Update 11 May 2020 https://mcclearyaccountants.com/events/webinar-recording-bounce-back-loan-scheme-or-coronavirus-business-interruption-loan-scheme-which-is-best-for-your-business/ Update 28 April https://mcclearyaccountants.com/financialplanning/bounce-back-loans-of-between-2000-to-50000-to-become-available-to-small-businesses-from-4-may/ Update 20 April Coronavirus: NI £25,000 Grant for Retail, Hospitality, Leisure…
Read more

Extension of Coronavirus Business Loan Schemes

The Coronavirus Large Business Interruption Loan Scheme The Coronavirus Large Business Interruption Loan Scheme (CLBILS) provides financial support to larger businesses affected by coronavirus (COVID-19). The scheme helps medium and large sized businesses to access loans and other kinds of finance up to £200 million. The government guarantees 80% of the finance to the lender…
Read more

Government extends Furlough to March and increases self-employed support scheme

As the lockdown has now started for England and continues elsewhere, the Government has changed its mind again about business supports and decided to extend the Coronavirus Job Retention Scheme (CJRS) and the Self-Employment Income Support Scheme (SEISS) across all regions of the UK. The Chancellor has announced that CJRS will be extended until the…
Read more