As with the job support scheme, the Government has also extended the Self Employed Income Support Scheme. The extension will see the addition of two further grants available which should help provide critical support to the self-employed. Each grant will be available for three month periods covering November 2020 to January 2021 and February 2021 to April 2021.
In a bid to help those businesses that have been forced to close owing to local restrictions, the Government has again extended the Job Support Scheme (JSS) which is due to commence on 1 November 2020.
UK manufacturing is an innovative sector, making advances in manufacturing processes and products in response to the ever evolving and increasing market demands. However, there are still many manufacturing and engineering businesses not benefitting from the possibility to significantly boost profit margins through R&D Tax Credits.
With much of the North West now officially under Tier 3 restrictions, check whether you are eligible for the Local Restrictions Support Grant (LRSG) which supports businesses that have been required to close due to temporary COVID-19 local lockdown restrictions imposed by the government.
The UK has left the EU and with the transition period coming to an end on 1st January 2021, it’s more important than ever, that businesses focus on planning for the impact that Brexit will have on their future.
In their latest publication, restructuring advisory partners, Allan Kelly and Ian Corfield, of FRP Advisory, explore how CVAs can offer a route to rehabilitating companies while optimising value and outcomes for stakeholders.
Ministers have announced new grants for businesses affected by local lockdowns. Businesses in England that are required to shut because of local interventions will now be able to claim up to £1,500 per property every three weeks.
The government has announced £20m of funding as part of their drive to boost the recovery of the economy and provide small and medium sized enterprises (SMEs) help to adapt their businesses following the Coronavirus pandemic.
The Kickstart Scheme is a £2 billion fund to incentivise the creation of hundreds of thousands of quality 6-month work placements for young people aged 16-24, who are claiming Universal Credit. Businesses of any size looking to recruit young people can apply.
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