Too little too late for many small businesses
Published: Fri, 04/03/20
Hi It has been clear since the Chancellor first announced his Coronavirus Business Interruption Loan Scheme that it wasn’t fit for purpose. Anyone…
Guilford Accounting
It's time to start work on your recovery plan
Published: Fri, 04/03/20
Hi It may seem a little perverse – when some businesses are struggling to access the support announced by Government already – but by now many will…
Why are most bank branches closed?
Published: Thu, 04/02/20
Hi NHS workers, care home workers, supermarket staff and the emergency services all deserve our thanks and huge respect for keeping working to save…
Update on the Coronavirus Business Interruption Loan Scheme
Published: Thu, 04/02/20
Hi Inevitably there has been some confusion over the loan scheme introduced by the Government to help businesses affected by the Coronavirus, so here…
Self-employed Income Support Scheme: what it means
Published: Sun, 03/29/20
Hi On Thursday the government announced the support that would be available to the self-employed and freelancers during the Covid-19 pandemic. It is…
[Sunday supplement]: The support schemes aren't going to work - what government must do next
Published: Sun, 03/29/20
Hi Two weeks after the seriousness of the pandemic has finally dawned on the, remarkably, it seems as if the government is unaware of the fact that…
Small Business Grant Fund...still pending
Published: Fri, 03/27/20
Hi Getting cash to businesses is a priority right now as more close every day – some never to reopen –but the Small Business Grant Fund scheme is just…
The legal position on how to furlough staff
Published: Thu, 03/26/20
Hi The legal position regarding how to furlough staff is ambiguous. Please be careful: The promise of 80% funding with a £2,500 cap to avoid making…
Negotiating time to pay with HMRC
Published: Wed, 03/25/20
Hi HMRC has published details of the specific helpline to contact to negotiate a time to pay agreement if you are likely to have difficulty paying ta…
Grant scheme details released to councils.
Published: Wed, 03/25/20
Hi The official guidance to Councils about how the two grant schemes to support businesses affected by Covid-19 will operate has now been published…