Category Archives: Family Businesses

COVID-19: National Audit Office warns up to 60 per cent of Bounce Back Loans may not be paid back

The Government’s spending watchdog, the National Audit Office (NAO), has warned that up to 60 per cent of businesses may not pay back the 100 per cent Government-backed Bounce Back Loans Scheme (BBLS) because of fraudulent applications and minimal credit checks. Continue reading

Government set to announce extension of Coronavirus Business Interruption Loan Scheme

The Chancellor, Rishi Sunak, is expected to announce the extension of the Government’s Coronavirus Business Interruption Loan Scheme (CBILS) until the end of November. Continue reading

Government launches £2 billion Kickstart employment scheme to create hundreds of thousands of new jobs

The Government has launched the landmark £2 billion Kickstart employment scheme, which is set to create hundreds of thousands of new jobs for young people. Continue reading

Businesses urged to claim discounts under Eat Out to Help Out scheme ahead of September deadline

Businesses who registered with the Eat Out to Help Out scheme have been urged to claim back the 50 per cent government-funded discount applied to bills ahead of the September deadline. Continue reading

HMRC confirms unused Employment Allowance can be used to reduce other tax costs

Employers who delay their Employment Allowance claim and have unused Employment Allowance available at the end of the tax year “can use this to reduce other tax costs”, it has been confirmed. Continue reading