Foxley Kingham

Foxley Kingham Medical

FoxKash

Coronavirus Job Retention Scheme Update

HMRC have issued updated guidance on how to calculate the 80% of furloughed employees wages to claim through the Coronavirus Job Retention Scheme, including a step by step guide.

Cash flow forecast tool

Use our cash flow forecast tool to support your applications for business support

Scheme expanded – (“CBILS”) Coronavirus Business Interruption Loan Scheme

CBILS features and eligibility criteria has been significantly expanded with effect from 6th April. These changes mean even more smaller businesses across the UK can access the funding they need. This includes access for smaller businesses who have been previously met the requirements but not been eligible for CBILS.

Self-Employed Income Support Scheme

The Chancellor, Rishi Sunak confirmed that the self-employed could be eligible for a taxable grant worth 80% of their average monthly profits of the past three years, up to £2,500 per month, broadly aligning the scheme with the Job Retention Scheme for the employed.

HMRC Time To Pay Scheme

In last week’s Budget, the Chancellor announced that any business which is in financial distress as a result of coronavirus (COVID-19) can seek assistance with payment of its tax liabilities by using the Time To Pay scheme (TTP).

Coronavirus Support for Business

With the headlines dominated by COVID-19 the government have announced a package of measures to support businesses