The focus of today's webinar was around planning your cashflow, government COVID support and what grants are available to businesses. Please see the details below...
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The government has updated its webpage on Financial support for businesses during coronavirus (COVID-19) -
https://www.gov.uk/government/collections/financial-support-for-businesses-during-coronavirus-covid-19The Recovery Loan Scheme has opened this week and the BBL and CBILS loans have closed -
https://www.gov.uk/government/news/recovery-loan-scheme-launches-todayCash flow and business planning in these uncertain times may appear difficult but there are some practical steps you can take to minimise potential disruption to your business - Listen to the recording for tips and ideas!
Claims for furlough days in March 2021 must be made by 14 April 2021.
A New grant scheme launched last week: The Restart Grant scheme supports businesses in the non-essential retail, hospitality, leisure, personal care and accommodation sectors with a one-off grant, to reopen safely as COVID-19 restrictions are lifted. See:
https://www.gov.uk/guidance/check-if-youre-eligible-for-a-coronavirus-restart-grant Chichester District Council are launching an 'Enabling Grant Scheme', which will be open for applications on Monday 12 April 2021. Please make sure that you have read the guidance notes carefully before applying as the criteria has changed and the way the applications are processed is different from previous years. See the full guidance notes here:
https://www.chichester.gov.uk/enablinggrantscheme The next phase of Making Tax Digital was due to be brought in from April 2020 but due to the pandemic this was pushed back to 1 April 2021. For periods starting on or after 1 April 2021 businesses trading at or above the VAT registration threshold will now also be required to have ‘digital links’ in all their record keeping. See the full blog here:
https://LBLink.uk/MTD_DL If you have any questions or would like to discuss any topics further, then please get in touch. You can call us on 01243 782 423, or email
LetsTalk@lewisbrownlee.co.uk. Alternatively, head to our website to see our other resources and news updates - www.lewisbrownlee.co.uk