Category Archives: Business Support

Spring Budget 2021 – Government backed loan schemes

10th March 2021 Posted by -

The deadline for applications for all the government-backed loan schemes including the Bounce Back Loan scheme, Coronavirus Business Interruption

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Capital or debt?

16th March 2021 Posted by -

What is the difference between capital and debt, and why is the distinction important? One important distinction is that capital represents the

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Claiming Self-Employed Income Support Scheme grants

1st March 2021 Posted by -

Under the third Self-Employed Income Support Scheme (SEISS) grant, claimants received up to 80% of average trading profits for November and December

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What is overtrading?

2nd March 2021 Posted by -

A reminder that traders who buy and sell goods - wholesalers or retailers - need to be wary of the financial consequences if, as expected, pent up

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Financial outcomes for your business

17th February 2021 Posted by -

There are three possible financial outcomes for your business, each with their own challenges: Make a profit Breakeven, or Make a loss Making a

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How much do your customers owe you?

17th February 2021 Posted by -

Many business owners are buoyed by turnover; if it’s sold it’s as good as money in the bank, but is it? What are your credit terms? How many days do

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Bounce Back Loans scheme changes

16th February 2021 Posted by -

The Bounce Back Loans scheme was launched in May 2020 to provide financial support to businesses across the UK that were losing revenue and disrupted

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Self-Employment Income Support Scheme

11th February 2021 Posted by -

Claims for the third Self-Employed Income Support Scheme (SEISS) grant closed on 29 January 2021. Under this grant, the self-employed received up to

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