Launched today (6 April), the Recovery Loan Scheme (RLS) ‘provides financial support to businesses across the UK as they recover and grow following the coronavirus pandemic’. Information on the RLS can be found at British Business Bank webpage. Some key…
We have now had two Budgets delivered by Rishi Sunak and it is possible to start to get an impression of what he is about as Chancellor. In advance of the Budget I had contemplated there might be a fiscal…
As pandemic-related spending has already reached £280bn the Chancellor, Rishi Sunak, has announced further funding and boosts to the economy and jobs. The Coronivirus Job Retention Scheme which has protected 11 million jobs will be extended until September 30, well…
As somebody who specialises in tax for individuals you will forgive me for perhaps hoping for some excitement from this Budget. I appreciate it is all relative. What we had for individuals was the opposite, in fact it reduced some…
The Chancellor spent the Budget talking about the plans for “Protecting the jobs and livelihoods of the British People - fixing the public finances and building the future economy!” A number of measures have been introduced across direct and indirect taxes,…
As announced in today’s Budget we have a 'new loan scheme to support access to finance for UK business as they grow and recover from the disruption of the COVID-19 pandemic'; named The Recovery Loan Scheme. The government guarantees 80%…
With the great news of the road map to freedom and reopening of hospitality now announced, we all hope that some trade can start from the 12 April, followed by the further opening of many hotels and restaurants from 17…
Businesses who deferred VAT payments due to HMRC between 20 March 2020 and 30 June 2020 can opt into the new scheme between 23 February 2021 and 21 June 2021 or from March 2021 for businesses that operate the annual…
Grant schemes looking for projects to move the UK towards zero carbon are like buses at the moment – hot on the heels of announcement of the latest round of the Energy Entrepreneurs’ Fund (EEF) comes news of a round…
We had a tip off that an announcement was due on today (8 Feb) with details of the “Pay as you Grow” (PAYG) scheme for Bounce Back Loans, but it would appear that the Chancellor could not wait and a…
