For anyone based in Northern Ireland who began Self Employment during the 2019/20 Tax Year and has suffered a 40% reduction in profits, as a result of the Coronavirus Pandemic, a support grant remains available, however the closing date for applications is 6.00pm on 7th January 2021, so if you think you may be eligible…
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Newly Self-Employed Support Scheme (Northern Ireland)
The Minister for the Economy has launched the Newly Self-Employed Support Scheme, designed to provide support to newly self-employed individuals (sole traders and those in partnerships) who have been adversely impacted by COVID-19. Full details, together with a link to apply for the scheme can be found here https://www.nibusinessinfo.co.uk/content/newly-self-employed-support-scheme
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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…
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Useful ‘Active Practice’ Articles
Every month we publish two 'Active Practice' Articles on topical issues that we believe our clients may find interesting, they can be accessed from the free resources Tab on our website, alternatively you can access PDFs of them here Active Practice Updates These Updates cover all aspects of tax and other areas useful to small…
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