Covid-19 Business Support Hub

We are here to support you during the ongoing coronavirus pandemic.
Please read the articles below for our latest updates.

Summary of Government FundingKey Dates

“Prepare” for Bounce Back Loan repayments, ICAEW warns

Businesses who borrowed cash under the Bounce Back Loan Scheme (BBLS) should “prepare” for repayments from this year, a major regulator has said.

The Institute of Chartered Accountants in England and Wales (ICAEW) said borrowers impacted by Covid-19 should consider their options – such as the Pay As You Grow (PAYG) scheme – if repayments are unaffordable.

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Furlough scheme guidance updated

HM Revenue & Customs (HMRC) has published a series of updates to its guidance on the Coronavirus Job Retention Scheme (CJRS), more commonly known as the ‘furlough scheme’. The updates cover the changes to the scheme as it is extended from 1 May 2021 to 30 September 2021. The guidance Read more…

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