Article Government unveils £200 million package to help innovative businesses bounce back

Source: Gov UK Almost £200 million boost to help businesses across the UK drive forward cutting-edge new tech and recover from the impacts of coronavirus government investment to support innovations ranging from AI systems managing city traffic flows to the latest reusable packaging materials research and development (R&D) intensive businesses urged to apply for funding to […]

Article Tax support schemes A a number of tax support measures are also available to SMEs. HMRC has announced support for self-employed people and businesses that are having difficulty paying tax bills due to COVID-19. A dedicated phone helpline is providing practical help for any business or self-employed person that has concerns.  HMRC will be able to consider […]

Article Coronavirus (COVID-19): financial support for education, early years and children’s social care This guidance is applicable to 31 May 2020 and will be reviewed before 1 June 2020. The government has put in place a number of funding and financial measures to support organisations – both public and private – during the coronavirus (COVID-19) outbreak. These are intended to be temporary, timely and targeted, to support […]

Article Innovative businesses and start-ups are set to benefit from a £40 million government investment to drive forward new technological advances

Innovative businesses and start-ups are set to benefit from a £40 million government investment to drive forward new technological advances. Business Secretary Alok Sharma today (20 May 2020) announced the government is doubling investment in the Fast Start Competition with an additional £20 million. The competition aims to fast-track the development of innovations borne out […]

FAQ How can I find out more about the government’s scheme for the self-employed (SEISS)?

The Self-employment Income Support Scheme (SEISS) supports self-employed individuals (including members of partnerships) whose income has been negatively impacted by COVID-19. The scheme provides a grant to self-employed individuals or partnerships, worth 80% of their profits up to a cap of £2,500 per month. Those eligible under the Self-Employment Income Support Scheme (SEISS), will be […]

Article Commentary from Moore Kingston Smith on code of practice for commercial property relationships during the Coronavirus pandemic

Our content partners, Moore Kingston Smith, have released analysis on the new code of practice for commercial tenants. The impact of Coronavirus has been huge on both landlords and tenants due to the majority of commercial tenants’ inability to meet their rental deadline, which has been seriously diminished by the lockdown with forced closure of […]

Article Cash flow managment

Solving for liquidity, profitability and enterprise value in uncertain times (Accenture, May 1, 2020) Preparing a short-term cash flow forecast (EY, 13 April 2020) Lisa Ashe, Partner, Transaction Advisory Services, sets out how a short term cash flow forecast differs from a budget or business plan and offers practical preparation tips in this introduction to […]

Article Insolvency

Coronavirus guidance for Companies House customers, employees and suppliers Upload a document service updated with the latest release to allow a selection of insolvency forms. The Insolvency Service newsletter: Summer 2020 The Companies etc. (Filing Requirements) (Temporary Modifications) Regulations 2020 Check how the measures introduced by the Corporate Insolvency and Governance Act and The Companies […]