Super-Deduction Scheme 19 April 2021 With the launch of the new ‘Super-Deduction’ scheme we sought the advice and thoughts of Ruth Chettle ACA from Canary Accounting Limited. Ruth has a background in all aspects of audit, accounting, and taxation and qualified as a Chartered Accountant in December 2010. She [...]
Recovery loan scheme (RLS) launches today 06 April 2021 The Recovery Loan Scheme (RLS) launches today. The Recovery Loan Scheme (RLS) will run from 6th April 2021 until 31st December 2021 (subject to reviews), aimed at providing support to UK businesses as they look to recover from the coronavirus [...]
Recovery Loan Scheme Launching 6th April 2021 04 March 2021 On 31st March 2021, the Bounce Back Loan Scheme (BBLS) and Coronavirus Business Interruption Loan Scheme (CBILS) will come to an end. On 3rd March 2021, the Government announced that these schemes will be replaced by a new Recovery [...]
CBILS Government Backed Loan Scheme Extension until 31st January 2021 02 Nov 2020 Rishi Sunak has today announced that the UK Government have now further extended their government back loan schemes until 31st January 2021. The Chancellor also announced that firms can now top-up existing Bounce Back Loans if [...]
Key dates for your business - COVID-19 recovery 23 October 2020 The Funding Store have helped many SMEs throughout the COVID-19 Pandemic. We pride ourselves on being able to provide the right information so that you can make an informed decision on what is best for you and your [...]
Coronavirus Business Interruption Loan Scheme (CBILS) extended to 30 November 2020 24 September 2020 The Chancellor of the Exchequer has today announced that the coronavirus business interruption loan scheme (CBILS) has been extended up until the 30th November 2020. This will ensure further support is in place for those [...]
Only 6 weeks remaining to apply for CBILS backed funding 19 August 2020 What is CBILS? The Coronavirus Business Interruption Loans Scheme (CBILS) was launched on 23rd March 2020, as part of a wider package of government support for UK businesses and employees, to assist UK SMEs that are [...]
Changes to the Coronavirus Business Interruption Loan Scheme (CBILS) 29 July 2020 As of the 30th July 2020, many accredited lenders may now be able to offer funding to businesses that have previously been ineligible to access the coronavirus business interruption loan scheme. Changes to CBILS undertaking in difficulty [...]
How will businesses cope when the furlough scheme ends in October? 27 July 2020 Early in the pandemic, the UK Government introduced initiatives to support UK businesses and their cash flow to help cushion the negative impact they would suffer. What is the furlough scheme? One of the most [...]
Thousands of UK SMEs are unable to apply for a Bounce Back Loan (BBLS) 22 July 2020 Do you have a business account with a digital bank? Have you struggled to access and apply for the Government backed Bounce Back Loan Scheme or Coronavirus Business Interruption Loan Scheme? Thousands [...]
