UK banks have been preparing themselves for the wave of small and medium-sized enterprises (SMEs) topping up with the Bounce Back Loan Scheme (BBLS) once the Chancellor reopens the coronavirus-related scheme on 9 November.
Innovative tech start-ups benefit from essential insights from specialist accountant
Tech start-ups participating in Digital Capital’s latest Augmentor programme have gained useful advice on financial modelling and forecasts from the head of Davis Grants’ renowned Tech Specialist Team. The accountancy firm, which is based in East London, is well-regarded for its expertise and has previously been shortlisted for several awards on the strength of its […]
Accountants welcome expansion of furlough and self-employment schemes, but say Government must reconsider loss of Job Retention Bonus
The Chancellor’s decision to expand the furlough and self-employment schemes has been welcomed by London-based accountancy firm Davis Grant but it has said the withdrawal of the £1,000 per employee Job Retention Bonus must be reconsidered. Chancellor, Rishi Sunak, announced in a statement to Parliament that the furlough scheme would be extended to the end […]
Recruitment figures up but “still below pre-Covid levels”, says BCC study
More firms attempted to recruit staff in the past three months compared to Q2 2020, but overall recruitment figures still fall below pre-Covid levels, a major study has revealed.
HMRC urges businesses to act ahead of end of transition period to “avoid disruption”
HM Revenue & Customs (HMRC) has written to over 250,000 VAT-registered businesses urging them to “act now” ahead of the end of the Brexit transition period.
Government extends furlough scheme and provides a boost to SEISS
As businesses deal with the impact of yet another national lockdown in England, the Chancellor has taken further steps to protect jobs, businesses and the self-employed by announcing additional changes to the Government’s financial support measures. Speaking in Parliament, Rishi Sunak announced further changes to the Coronavirus Job Retention Scheme (CJRS) and the Self-Employment Income […]