Graeme Seavor
Xero has added two significant updates to it’s cloud accounting software which will certainly assist businesses determine their financial position at a glance and understand their short term cash flow. Both updates are currently in pilot however are available to UK Xero subscribers in the Business menu of the cloud accounting software. The two new … Read more Xero Short Term Cash Flow
The government’s Coronavirus Job Retention Scheme (CJRS) will remain open until the end of October 2020. Flexible Furlough Scheme The Coronavirus Job Retention Scheme is changing and becoming more flexible. From 1 July 2020 employers will be able to bring back employees that have previously been furloughed for any amount of time while still being … Read more Coronavirus Job Retention Scheme
The Discretionary Grant Fund supports small and micro businesses that are not eligible for other grant schemes. Please note the scheme closes for applications at 5:00pm on 15 June 2020. Small and micro businesses with fixed property costs that are not eligible for the Small Business Grant Fund or the Retail, Hospitality and Leisure Grant … Read more Discretionary Grants Fund
There are two government backed loan schemes which have been provided to assist businesses through the cash flow challenges of the Coronavirus pandemic. These are the Bounce Back Loan (BBL) and the Coronavirus Business Interruption Loan Scheme (CBILS). A summary of the schemes are detailed below:
If you are self-employed or a member of a partnership and have been adversely affected by coronavirus you may qualify for two grants under the Self-Employment Income Support Scheme (SEISS). The first grant is claimable now and you must your claim before 13 July 2020 to claim the grant. The second grant will be claimable … Read more Coronavirus Self-Employment Income Support Scheme
The Chartered Institute of Taxation
The Association of Taxation Technicians