Introduction of amnesty period for incorrectly claimed COVID-19 Government Support
The recent COVID-19 situation has been a very challenging time and Government support, most specifically the introduction of the Coronavirus Job Retention Scheme and the Self-Employed Income Support Scheme payments have been valuable for many affected companies and individuals. HMRC have become aware, however, that a number of businesses have made claims to receive support […]
Coronavirus (COVID-19) Business Interruption Loan Scheme Guidance
Further to our Government Support guide the British Business Bank have now issued their guidance as to eligibility criteria for businesses wishing to access the Coronavirus Business Interruption Loan Scheme (CBILS) as follows: The British Business Bank qualifying criteria for the loan scheme mean businesses must: • Be UK based, with turnover of no more […]