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On 27 April 2020 the UK's seven largest small business lenders announced they had relaxed their evidence requirements for applications to the Coronavirus Business Interruption Loan Scheme (CBILS). The lenders will use their own information when processing and approving applications, rather than relying on businesses providing forecasts and business plans. In a joint statement ...

The coronavirus pandemic has had an extraordinary impact in the UK and across the World, and with charities playing an integral role in UK society they are not immune from the impact of the outbreak, with many seeing a significant drop in income, whether from fundraising or investments, whilst at the same time seeing an increase in the demand for their services. So what do tru ...

The UK government launched an online platform to help businesses access financial support during the COVID-19 crisis. The Coronavirus Business Support Finder Tool will guide businesses through the range of loans, tax reliefs and cash grants to combat the adverse economic effects of the COVID-19 lockdown. The tool asks business owners to fill out a short online questionnaire. ...

Updated 20th May 2020 The government introduced a temporary new law allowing employees and workers to carry over up to 4 weeks paid holiday over a 2 year period. This law was brought in to support key industries where employees are unable to take their holiday due to COVID-19. This law applies for any holiday an employee does not take because of the Coronavirus, for example i ...

Download this article Updated 13th May 2020 The government has published OUR PLAN TO REBUILD:The UK Government’s COVID-19 recovery strategy, setting out its roadmap to bring the UK out of Covid-19 lockdown. The proposals on work are set out and take effect from today. They state:- “For the foreseeable future, workers should continue to work from home rather than their norma ...

HMRC has updated the process for obtaining a government gateway ID for the Self-employment Income Support Scheme (SEISS). In the week where HMRC starts contacting taxpayers about their eligibility for support under SEISS, it has changed the process by which IDs to access the government gateway are created to avoid delays. Taxpayers who already have a government gateway ID whi ...

The government’s Coronavirus Job Retention Scheme will remain open until the end of October, the Chancellor announced today (Tuesday 12 May 2020). In summary: Coronavirus Job Retention Scheme will continue until the end of October Furloughed workers across the UK will continue to receive 80% of their current salary, up to £2,500 per month New flexibility will be introduce ...

Everybody should make a Will during their lifetime and more importantly review their Wills on a regular basis. In these uncertain times, it is more important than ever that the opportunity is taken to review your circumstances and prepare a Will. A Will puts you in control and enables you to protect the interests of your family and ensure your wishes are carried out after you ...

If you are self-employed or a member of a partnership and have been adversely affected by coronavirus, find out if you can use this scheme to claim a grant. The scheme will allow you to claim a taxable grant of 80% of your average monthly trading profits, paid out in a single instalment covering 3 months, capped at £7,500 in total. This is a temporary scheme, but may be extend ...

Download this article While at present there is no formal end to the government’s restrictions on work or travel, other countries have begun to ease certain restrictions and it is possible that the UK will follow suit in the following weeks. In addition, the current Coronavirus Job Retention Scheme (CJRS) is due to end on 30 June 2020, and so organisations need to start thinki ...