There are a number of Government support measures to help businesses through the coronavirus pandemic, as well as various business tax obligations being deferred. However, it can be difficult to keep track of all of the dates, deadlines and requirements, with many being amended, delayed or deferred over the past few months.
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Welsh dairy support scheme is now open for applications
Applications for the new Welsh dairy support scheme are now open, which aims to support farmers through the COVID-19 pandemic.
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COVID-19: Government’s Bounce Back Loan Scheme distributes £23 billion in finance
The Government’s Bounce Back Loans Scheme has provided more than £23 billion in finance to more than 780,000 businesses, according to the latest research.
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Businesses access £35 billion through COVID-19 support schemes
The Government has now delivered almost £35 billion in corporate finance to businesses affected by COVID-19, it has been revealed.
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New Corporate Insolvency and Governance Bill to extend accounting deadlines
The new Corporate Insolvency and Governance Bill will help maximise your business’ chance of survival throughout the coronavirus pandemic, it has been suggested.
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Maximum Government-backed loan amount for larger businesses increased to £200 million
The Government has announced an increase in the maximum amount that larger businesses can borrow under the Coronavirus Large Business Interruption Loan Scheme (CLBILS) from £50 million to £200 million. CLBILS loans are offered on normal commercial terms, but are backed by a Government guarantee worth 80 per cent of the amount borrowed. They can…
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