COVID-19 Financial Support Update- Part 2

COVID-19 Financial Support Update- Part 2

There have been no major initiatives announced in the last couple of weeks, but there have been developments with the existing Coronavirus Financial Support Packages. Job Retention Scheme (“JRS”) – Furlough Grants A lot of businesses will be starting to think about...
COVID-19 Financial Support Update- Part 2

COVID-19 Financial Support Update

There have been a number of developments in financial support packages, including a completely new initiative for small business grants, announced over the weekend, and they are detailed below, along with some practical issues around the claims for Job Retention...
COVID-19 Financial Support Update- Part 2

Newly announced Bounce Back Loans (BBLS)

After all of the bad press received by the Coronavirus Business Interruption Loan Scheme (familiarly known as CBILS) as a result of the low numbers of loans advanced by the banks compared to applications, the announcement of a new improved version by Mr Sunak...
COVID-19 Financial Support Update- Part 2

Self-Employed Income Support Scheme Update

There has been a lot of concentration on the Job Retention Scheme recently, but there has also been an update to the guidance for the self-employed. Self-Employed Income Support Scheme The guidance at...
COVID-19 Financial Support Update- Part 2

Job Retention Scheme Update and more

Further guidance was issued yesterday and today on the scheme. We have today been provided with full details of how claims will be made, starting from next Monday, 20 April.  We confirm that the information that will be required for claims is the same as that which...