VAT Domestic Reverse Charge for the Construction Sector

Next week will see the introduction of the new, VAT domestic reverse charge for those working in the building and construction industries. It is being introduced to help combat fraud within the construction sector, but what are the other ‘need to knows’? We’ve put...

SEISS Applications: Round Two

The second and final round of the Self-Employed Income Support Scheme, or SEISS as it is more commonly known, opened for applications on 17th August. If you have yet to apply, applications can be made up until the end of October and if you are debating whether to...

COVID 19: The End of Furlough

Government support for businesses during the recent lockdown was unprecedented and has allowed many small businesses to stay afloat during a particularly challenging period. But with the various schemes now entering the wind down phase, and with the main ‘furlough’...

Coronavirus Job Retention Scheme: Stage 2.0

It’s been a long three months since the word ‘furlough’ first entered everyday vocabulary and as the UK slowly emerges from lockdown, the Coronavirus Job Retention scheme, or CJRS, also begins to taper. The last date to register an employee for the CJRS has now...

The Future Fund: Key Details and Eligibility Criteria

Wednesday saw the launch of The Future Fund, the Government’s latest initiative to help businesses navigate the current crisis. The Government has partnered with The British Bank on The Future Fund Convertible Loan Notes (its full name) and the application portal...

COVID 19 : The Future Fund Support Scheme

Businesses that rely on equity investment and haven’t been covered under the Government’s previous support schemes could be eligible for the Future Fund. The Future Fund provides loans ranging from £125,000 to £5 million, on the proviso that this amount is at least...