New Grant for Start up’s Affected by the Coronavirus

A grant of £2,500 is now available for newly created welsh businesses that are facing operational and financial challenges as a result of the coronavirus pandemic. The eligibility criteria is as follows: Started trading between 1 April 2019 and 1 March 2020Forecast annual turnover is less than £50,000Not in receipt of support through the Self-Employment … Continue reading New Grant for Start up’s Affected by the Coronavirus

Deadline Set for the Small Business Rates Grant

The governnment have released a deadline for the coronavirus Small Business Rates Grant. If eligible, you will need to apply before 5pm on 30 June 2020 to be considered. There are two grants available: a grant of £25,000 for retail, leisure and hospitality businesses occupying properties with a rateable value of between £12,001 and £51,000.a … Continue reading Deadline Set for the Small Business Rates Grant

Self-Employment Income Support Scheme – Do You Qualify as ‘Adversely Affected’?

In order to be eligible to claim from the Self-Employment Income Support Scheme (SEISS) your business must have been adversely affected by coronavirus. However many clients are asking what qualifies as ‘adversely affected’? HMRC has provided some guidance on the meaning. This includes being unable to work because you are shielding, self-isolating or are on … Continue reading Self-Employment Income Support Scheme – Do You Qualify as ‘Adversely Affected’?

How to Claim a Grant Through the Self-Employment Income Support Scheme

If you’re self-employed or a member of a partnership and have been adversely affected by coronavirus, you may be eligible for the Self Employment Income Support Scheme (SEISS). Before you make a claim you need to know if you qualify for the scheme. You can find out how to check if you are eligible here. … Continue reading How to Claim a Grant Through the Self-Employment Income Support Scheme

Bounce Back Loans for Small Businesses

The Chancellor has announced a 100% government backed loan scheme for small businesses, designed to offer up to £50,000 of fast-track finance for those affected by coronavirus. The bounce back loan scheme will enable businesses to borrow between £2,000 and £50,000 and access the cash within days, and in some cases within 24 hours. Loans … Continue reading Bounce Back Loans for Small Businesses

How to Check If You Are Eligible for the Self Employment Income Support Scheme

If you're self-employed or a member of a partnership and have been adversely affected by coronavirus, you may be eligible for the Self Employment Income Support Scheme (SEISS). HMRC have launched a tool for you to check if you are eligible for the scheme ahead of the launch on Wednesday 13 May 2020. To check … Continue reading How to Check If You Are Eligible for the Self Employment Income Support Scheme

Coronavirus Business Support Finder

Over the past few weeks, the government has announced various support packages for businesses and self-employed people, but it’s still unclear to some what they’re eligible for. The government has now launched a new ‘support finder’ tool. This tool will help you quickly and easily determine what financial support is available to you. The tool … Continue reading Coronavirus Business Support Finder

Business Guide to the Coronavirus – Updated 22/6/20

Due to the fast moving nature of the coronavirus support, we are continually updating our guide to include more information on the common questions being asked. Topics covered include: Business SupportSelf-employment Income Support Scheme Coronavirus Job Retention SchemeBounce Back Loan SchemeCoronavirus Business Interruption Loan SchemeSmall Business Grant FundingCompanies House Filing ExtentionBusiness Rates HolidayCybersecuritySupport for Welsh … Continue reading Business Guide to the Coronavirus – Updated 22/6/20