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The Coronavirus Business Interruption Loan Scheme (CBILS) – Update

The Coronavirus Business Interruption Loan Scheme (CBILS) – Update

Saturday, April 18, 2020 | Covid-19 (CoronaVirus)

CBILS is a scheme introduced by the UK Government to provide finance to small and medium sized businesses which have been impacted by Covid-19. The scheme covers different finance products (term loans, overdrafts, invoice finance and asset finance) and are covered by...
The Coronavirus Business Interruption Loan Scheme (CBILS) – Update

Coronavirus Job Retention Scheme – HMRC publish a Step by Step Guide

Saturday, April 18, 2020 | Covid-19 (CoronaVirus)

The Government’s Coronavirus Job Retention Scheme (CJRS) goes live at 8am on Monday 20th April 2020. HMRC have published important new guidance to help businesses make their claims, including: What information you need to make a claim How to apply using an agent How...
The Coronavirus Business Interruption Loan Scheme (CBILS) – Update

Delaying import duty/VAT payments as a result of COVID-19

Wednesday, April 15, 2020 | Covid-19 (CoronaVirus)

Many businesses that import goods into the UK from outside the EU operate deferment accounts, which allow payment of import VAT and duty to be delayed for 15 days after the month in which the goods are brought into the country. See Gov.uk – How to set up a...
The Coronavirus Business Interruption Loan Scheme (CBILS) – Update

The department for International Trade (DIT) offers support to exporters and investors

Wednesday, April 15, 2020 | Covid-19 (CoronaVirus)

The Department for International Trade has outlined support available to 160,000 exporters and UK businesses are now eligible to secure export insurance cover to major international markets. See:...
The Coronavirus Business Interruption Loan Scheme (CBILS) – Update

Coronavirus Job Retention Scheme – claim service to be launched on 20th April 2020

Wednesday, April 15, 2020 | Covid-19 (CoronaVirus)

HMRC have today written to employers up and down the UK advising of: A change to the dates from which an employee would be eligible for the scheme (19th March rather than 28th February as previously announced) and also The new online claim service that will go live on...
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