COVID-19

With the Government announcement on Wednesday 8th December that England will move to plan B, we look into the impacts this will have on small-to-medium-sized businesses across a select range of sectors. This has come as a result of the new Omicron Covid variant, rapidly spreading across the country with experts becoming unsure of the […]

The UK government’s furlough scheme, which has been protecting millions of jobs during the COVID-19 pandemic, officially came to an end today after 18 months. At the beginning of the Coronavirus Job Retention Scheme (CJRS), the UK government paid 80% towards the wages of those who were unable to work, or whose employers could no […]

In a bid to help fund health and social care costs, National Insurance contributions (NICs) and dividend tax rates will rise from April 2022 National Insurance Contribution changes from April 2022 Employees will pay 1.25% more on National Insurance (NI) from April 2022. A recap on who pays NI: All employees on their salaries (those […]

As many of us look forward to a potential end to COVID-19 restrictions, today’s 2021 budget announcement has been anxiously awaited by individuals and businesses alike. In this article, we outline the Government’s key tax and spending plans for the year ahead, providing insight (where possible), on how these announcements are likely to affect you. Coronavirus The Furlough Scheme has been extended until the end […]

Great Yarmouth Borough Council are issuing further grants during the run-up to Easter as lockdown sets to ease, particularly aiming to support those in the hospitality industry as most businesses in the tourism sector remain shut. Additional grants are being rolled out to eligible Great Yarmouth businesses throughout March. These grants come from further funds […]

Boris Johnson has announced a potential lockdown roadmap for England regarding the easing of lockdown restrictions. We know what this means for us as individuals, but what should you be doing if you are a business owner? The lockdown roadmap will allow a slow and steady easing of restrictions, with the hopes of all UK […]

The Supreme Court’s verdict on the Financial Conduct Authority (FCA)‘s business interruption insurance claims has brought long-awaited clarity for small businesses. The ruling confirms that insurers will pay out on most disputed coronavirus business interruption claims, worth an estimated £1.2bn. During the initial UK lockdown which began in March 2020, many small businesses made claims […]

Before Christmas, the Government announced the Additional Restrictions Grant. This is accessible to businesses which have been required to close but which do not have a rateable value, meaning they aren’t eligible for the Local Restrictions Support Grant (LRSG) scheme, yet they continue to be significantly financially impacted by the pandemic. Great Yarmouth Borough Council has announced that […]

In the current global climate that we find ourselves in, there is no time as relevant as now to consider Invoice Finance. Invoice Finance is a straightforward type of funding that improves cashflow within your business. We work with a range of providers to deliver you funds when your customers do not pay in a […]