The long awaited help for the self-employed goes live on 13 May, although some taxpayers will not be able to claim until 14 May or later! You can, however, prepare now, by checking your eligibility and setting up a Government Gateway. Eligibility If you are self -employed or a partner in a trading business, then you will qualify for this…
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Webinar Recording – Bounce Back Loan Scheme or Coronavirus Business Interruption Loan Scheme, which is best for your Business?
McCleary & Company Ltd. did a webinar on on 7 May 2020, a recording can be accessed from the following link CBILS Or Bounce Back Loan: Webinar Recording You may notice that I have inadvertently recorded the presenter view, sorry about that, I hope it doesn't take away from your enjoyment! I have also uploaded a pdf of…
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‘Bounce Back Loans’ of between £2,000 to £50,000 to become available to small businesses from 4 May
Summary The chancellor has announced a new loan scheme for small and medium businesses, aimed at those businesses who have so far struggled to access credit. The loans are designed to be accessed quickly and without the need for forecasts. Eligibility UK based Business Negatively affected by coronavirus Was not an ‘undertaking in difficulty’ on 31 December 2019. …
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Coronavirus Job Retention Scheme Update 18 April 2020
There have been several announcements made in the last week, these are detailed below, along with links to the more detailed government guidance. CJRS Extended The scheme was originally announced to run until the 31 May, however, the end date has now been extended at least until the end of June. Claims can be…
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