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...

Self-Employment Income Support Scheme: Submitting Claims

The Self-Employment Income Support Scheme portal is now open for claims. To be eligible you need: • To have traded in the tax year 2018 to 2019 • To have submitted your Self Assessment tax return on or before 23 April 2020 for that year • To have traded in the tax...

COVID-19 Self-Employed Income Support Scheme

The Government’s Self-Employment Income Support Scheme is expected to be available for claims from as early as Wednesday 13th May. In order to submit a claim: 1. You must have a Government Gateway account and ID 2. You must do this yourself, you cannot ask an...

COVID 19: Microbusiness Bounce Back Loans

The Microbusiness Bounce Back loan is the latest Business Support measure and was announced by the Chancellor this Monday 27th April. A microbusiness is defined as a business with fewer than ten people and the scheme offers the following support: • A 12 month interest...

Coronavirus Business Interruption Loan Scheme: Key Details

The Coronavirus Business Interruption Loan has been in the news for many reasons but despite that, the benefits offered and criteria to access are not always clear. We thought it would be useful to provide a summary. Key Criteria There are three key criteria that your...

Self-Employed Income Support Scheme

Our previous blog post provided some bullets with key takeaways from the Chancellor’s announcement on the Government’s support package for the self-employed. A week in, and many queries later, we thought it would be useful to share some more details on the scheme. The...