What is Self Employment Income Support Scheme? Self-Employment Income Support Scheme is for the self-employed or member of a partnership who has been affected negatively by the coronavirus (COVID-19). Under this scheme, you can claim a taxable grant of 80% of your monthly trading profits which is paid out in a single installment covering 3 […]
Coronavirus Business Interruption Loan Scheme (CBILS) is set to end on 31st January 2021 after helping to eliminate financial difficulties of small and medium sized businesses due to the coronavirus pandemic. Under the scheme, up to £5 million can be accessed by businesses affected by COVID-19 and the government will be paying interest and fees for […]
Kickstart Scheme, Traineeships, and Apprenticeships to create Hundreds of Thousands of 6-month Work Placements!
What is a Kickstart Scheme? A kickstart scheme has been outlined as a £2 billion fund which aims to create hundreds of thousands of 6-month work placements for people aged between 16-24. The scheme is specifically aimed at individuals on Universal Credit at risk of long-term unemployment. Furthermore, the funding available for each job will […]
Coronavirus Business Interruption Loan Scheme set to provide finance to businesses affected by the coronavirus
What is Coronavirus Business Interruption Loan Scheme? The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial assistance to companies affected by the coronavirus. Under this scheme, loans and other kinds of finance up to £5 million can be accessed by small and medium sized businesses. The government pays interest and any fees for the first 12 […]