Does your financial recovery plan include repayment of loans etc?
It’s time to have another look at your business recovery plan. This time we are going to focus on repaying loans or liabilities deferred.
Let’s start by looking at the main financial provisions that have been put in place during this crisis. You need to identify which ones require to be repaid, […]
This fifth client bulletin concentrates on financial steps business should take now.
Before highlighting new measures, I would like to provide further update on the most important support measures announced to date:
[A] PREVIOUS ANNOUNCEMENTS
UPDATE FOLLOWING ADDITIONAL GUIDANCE
[1] Coronavirus Job Retention Scheme
The HMRC application platform is NOT ready yet: it is expected to be available by the end of April 2020.
[2] […]
It is important to be aware of the alternative means of finance while your business is in a healthy position. Leave it too late, when there are doubts the funds can be returned to the shareholder, and issues may arise with tax relief for the loss of funds.
If you run a family business, a shareholder will not always consider the […]