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
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
Most self-assessment taxpayers make one tax payment in January and a second in July each year. These are known as "payments on account". As part of the governments plan to help you through the coronavirus pandemic, they have extended the deadline for your second payment from 31 July 2020 to 31 January 2021. You don't … Continue reading Do I Need to Make My July Tax Payment?
This post was originally published on 15 May 2020 and updated on 27 November 2020 for freshness, accuracy and comprehensiveness. If you’re self-employed or a member of a partnership and have been affected by Coronavirus, you may be eligible for the Self Employment Income Support Scheme (SEISS). Before you make a claim, you need to … Continue reading How to Claim a Grant Through the Self-Employment Income Support Scheme
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