HMRC has started to contact eligible individuals who may qualify for the Self Employment Income Support Scheme (SEISS) and has announced that the claims service will open on Wednesday 13 May.
The Bounce Back Loan Scheme (BBLS) has launched today (Monday 4 May) and is a new scheme for businesses in the UK that are losing revenue, and seeing their cashflow disrupted, as a result of the COVID-19 outbreak.
We’ve heard many stories of businesses diversifying so that they can continue trading during the coronavirus pandemic. Luckily, diversification isn’t a new concept for Jules Fallon.
HB&O’s Corporate Finance Director, Greg Philp, looks at how you can apply to access finance under The Coronavirus Business Interruption Loan Scheme (CBILS)
One-fifth of small & medium-sized entities (SMEs) could go bust in the next 4 weeks, despite the range of measures introduced by the government.
There are several existing schemes operated by HMRC that businesses may be able to take advantage of to help improve their cash flow during this difficult period.
Rishi Sunak announced the Self Employment Income Support Scheme to provide financial support to those who are self-employed during the coronavirus pandemic.
The Coronavirus Job Retention Scheme (CJRS) allows employers to access a grant to cover most of the wages of their workforce who remain on the payroll but are temporarily not working due to the coronavirus outbreak.
CBILS is a scheme for businesses across the UK that are experiencing lost revenue due to the coronavirus, causing cash flow issues within their business.
Cashflow, communication and diversification: support to help you stay afloat during the impact of the coronavirus
There’s no doubt that every business owner is concerned about their cashflow and keeping their head above water over the next few months. We’ve put together some guidance for businesses showing how they can make small changes to try to ease the pressure.