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Extention Of Self-Employed Income Support Scheme

The Self-Employment Income Support Scheme (SEISS) allowed you to claim a first taxable grant. Applications for the first grant closed on 13 July 2020. The second taxable grant is worth 70% of your average monthly trading profits, paid out in a single instalment covering 3 months’ worth of profits, and capped at £6,570 in total. […]

Read more October 16th, 2020

Self-Employed Income Support Scheme Update

The existing self-employed income support scheme (SEISS) grant is to be extended on the same basis as the job support scheme The new Government scheme will last for six months to 30 April 2021. An initial taxable grant will be provided to those who are currently eligible for SEISS and are continuing to actively trade […]

Read more September 25th, 2020

Extra Flexibility On Bounce Back Loans

More than a million businesses who took out a Bounce Back Loan will get more repayment time through a new Pay as You Grow flexible repayment system. This includes extending the length of the loan from six years to ten, which will cut monthly repayments by nearly half. Interest-only periods of up to six months […]

Read more September 25th, 2020

Limited Company And LLP Moratorium

How to apply for breathing space to consider a rescue plan for your company. Using a moratorium to support companies and other types of business in financial difficulty. If your business has been or is really struggling, you can get “formal” breathing space to consider a rescue plan for your company. A moratorium gives struggling […]

Read more July 2nd, 2020

What Affects The Self-Employment Income Support Scheme?

The Self-Employment Income Support Scheme currently allows you to claim a taxable grant worth 80% of your average monthly trading profits, paid out in a single instalment covering 3 months’ worth of profits, and capped at £7,500 in total. If you are self-employed or member of a partnership find out how your circumstances can affect […]

Read more June 15th, 2020

Apply For The Coronavirus Local Authority Discretionary Grants Fund

The Discretionary Grant Fund supports small and micro businesses that are not eligible for other grant schemes opened on the 8 June in England. 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 Fund may be eligible for the […]

Read more June 11th, 2020

Extension Of Self-Employed Support Scheme

Alongside the announcement of changes to the Job Retention Scheme on 29 May 2020, the Chancellor also provided detail of the extension to the Self-Employed Income Support Scheme (SEISS). Self-employed people can continue to apply for the first grant up until 13 July 2020 which is for 80% of their average monthly trading profits. This […]

Read more June 2nd, 2020

Additional £40M For Cutting-Edge Start-Ups

Innovative businesses and start-ups are set to benefit from a £40 million government investment to drive forward new technological advances. The government is doubling investment in the Fast Start Competition with an additional £20 million. The competition aims to fast-track the development of innovations borne out of the coronavirus crisis while supporting the UK’s next […]

Read more May 26th, 2020

Invest to Grow

“Invest to Grow has provided a great opportunity to access investment capital, which has propelled us forward in a way we would not have been able to do organically.” “The Invest to Grow grant funding and support contributed to us achieving our planned growth and strategic objectives and we are now in a position to […]

Read more April 26th, 2017

Funding Circle

As has been widely publicised, many small businesses in need of funds to assist the growth of their business or to make capital purchases have been finding it difficult to obtain funds from their banks. At the same time, many individuals with spare capital have been disappointed at the interest rates available to them on […]

Read more May 9th, 2013