FINANCIAL SERVICES | MILESTONES

Final Details of Coronavirus Large Business Interruption Loan Scheme Unveiled

Posted: 21 April 2020

This scheme helps large businesses affected by coronavirus (COVID-19) to access loans of up to £25 million.

Claim a Grant Through COVID-19 Self-Employment Income Support Scheme

Posted: 14 April 2020

Use this scheme if you're self-employed or a member of a partnership in the UK and have lost income due to coronavirus.

Government Announces a New Scheme for Larger Companies

Posted: 3 April 2020

The Chancellor Rishi Sunak has taken further action today to support firms affected by the coronavirus crisis by bolstering business interruption loans for small businesses and announcing a new scheme for larger companies.

National Minimum and Living Wage Increases Come into Effect

Posted: 1 April 2020

The 2020 National Living Wage comes into effect today (Wednesday 1 April), a 6.2% increase on the previous rate.

Employers to Claim for Temporary Leave Wage Costs for 3 Months

Posted: 26 March 2020

Find out if you’re eligible and how much you can claim to cover wages for employees on temporary leave (“furlough”) due to coronavirus (COVID-19).

Companies Given 3-Month Extension Period to File Accounts During COVID-19

Posted: 25 March 2020

Businesses will be given an additional 3 months to file accounts with Companies House to help companies avoid penalties as they deal with the impact of COVID-19.

Coronavirus Business Interruption Loan Scheme (CBILS) Is Now Available Through Participating Lenders

Posted: 23 March 2020

The scheme will help smaller businesses withstand disruptions caused by the coronavirus outbreak.

31 Million Taxpayers to Get April Tax Cut

Posted: 21 March 2020

31 million people to benefit from a tax cut, as National Insurance contributions thresholds to rise to £9,500 per year.

15% of GDP

Posted: 17 March 2020

The UK government's rescue package to businesses worth £330bn amounts to 15% of gross domestic product (GDP).

COVID-19: Support for Businesses

Posted: 17 March 2020

Chancellor of the Exchequer Rishi Sunak has set out a package of temporary, timely and targeted measures to support public services, people and businesses through the period of disruption caused by the coronavirus.