Coronavirus Mini Budget – July 2020

Coronavirus mini budget July 2020

The Chancellor Rishi Sunak delivered a mini-budget today as part of the next phase of government support in response to the impact of the Coronavirus on the UK economy. The main aim is to protect, support and create jobs. A summary of the key announcements are detailed below: Job Retention Bonus for employers Employers who … Read more Coronavirus Mini Budget – July 2020

Xero Short Term Cash Flow

Xero Short Term Cashflow

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

Coronavirus Job Retention Scheme

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

Discretionary Grants Fund

THE DISCRETIONARY GRANT FUND IS NOW CLOSED TO NEW APPLICANTS 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 … Read more Discretionary Grants Fund

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