A view on business in 2021
What is also very clear is that entrepreneurs will not wait for the pandemic to end before taking action. Indeed entrepreneurs generally face periods of huge uncertainty with increased enthusiasm for the way ahead. We have seen this manifest itsel...
5 reasons why you need regular management reporting
By having regular discussions around the numbers, top advisers (and we can introduce you to one if you don’t know already), can assist with not only setting out a plan, but holding you to account to ensure you are making the best financial decisio...
Furlough scheme updated – Nov 2020
Under the extended scheme, the benefits will return to the same levels as August. The Job Support Scheme, which was scheduled to come in on Sunday 1st November, has been postponed until the furlough scheme ends.
The Job Support Scheme (JSS) starts 1st November
The JSS starts on the 1 November 2020 and runs for 6 months, until 30 April 2021. The government will review the terms of the scheme in January. Employers will be able to claim in arrears from 8 December 2020, with payments made after the claim ha...
Wellbeing tips for business owners
Be proud and remind yourself how great you are Running your own business is no mean feat, remember that! You should be proud.
It’s time to create a new culture in pursuit of cash excellence
At the start of the COVID-19 crisis, many businesses reacted quickly to stave of the imminent crisis and keep their […]
Winter Economy Plan – Pay as You Grow
Today, 24th September, Chancellor Rishi Sunak announced a new job scheme starting 1 November 2020 to replace the current Job retention (“furlough”) scheme which ends 31 October 2020.
Beware the dangers of recovery
It’s often said, and rightly so, that the most dangerous time for businesses is not going into recession but on the way out. During a recession cash balances and balance sheet reserves often shrink and the return to growth, which usually requires ...
How to apply for a ‘Restart and Recovery’ grant
we’ve created a couple of examples below of what support a client of ours could take advantage of and how best to describe it in the application. In this instance, we’ve referenced advice specific to cashflow to help future proof your business and...
The Government’s Restart and Recovery Grant scheme starts next week
From next Tuesday, 14th September, the Government’s Restart and Recovery SME Grants are open for application and you can apply for up to £3k for your business. The Government has made £20m of funding available to boost small businesses recovery fr...
Flexible furlough scheme update for September 2020
The latest statistics show over 9.6 million employees have been on Furlough since March and currently there are 1.2 million Furloughed in August. This amounts to over £34.7billion in grants from the Coronavirus Job Retention scheme which ends in O...
HMRC has published additional information on the job retention bonus
Employers will be able to claim a one-off payment of £1,000 for every employee they have previously received a grant for under the Coronavirus Job Retention Scheme (CJRS), and who remains continuously employed through to the end of January 2021.