News & Blog
The Furlough Scheme & Support For Employees
The Furlough Scheme Explained The Coronavirus Job Retention Scheme is a temporary scheme open to UK employers for at least three months from 1st March 2020. The scheme supports employers whose business has been affected
CBILS, CLBILS and New Grants
Coronavirus Business Interruption Loan Scheme (CBILS) Last Friday, amendments to the CBILS were announced. All SME’s are now eligible, not just those that could not secure finance through normal means.
COVID Funding Sources
Sorry, this document wasn't for public consumption. Please call our corporate finance partner, Steven Lindsay on 07775 701 567 or email stevenlindsay@kjgllp.com to discuss COVID funding sources.
Speak to a member of our expert team today
Speak to a member of our expert team today
Coronavirus Job Retention Scheme – Questions Answered
On Friday 20th March the government announced an extensive package for employers coping with the commercial difficulties from Coronavirus. Below are some answers to key questions we’ve been asked over
Self-Employment Income Support Scheme
The Self-employment Income Support Scheme (SEISS) supports self-employed individuals including members of partnerships whose income has been impacted by COVID-19. The scheme will provide grants to self-employed individuals/partnerships, worth 80% of
Summary: Various Government Business Support Initiatives
We are keeping up to date on the various government business support initiatives for the coronavirus outbreak. This includes use of the Corporate Finance Network and Xeinadin Groups we are
Should You Cancel Your VAT Direct Debit?
If you wish to defer your next VAT payment then YES, you need to cancel your direct debit with your bank, this will mean setting it back up later but there is
What employers need to know about the coronavirus worker rescue plan
The government’s plan to avoid mass redundancies by offering to cover 80% of workers’ wages was a central part of the unprecedented measures designed to tackle the expected economic damage
R&D Funding During the Coronavirus Outbreak
The government has announced numerous special measures to help businesses to limit the impact of coronavirus. These are welcome, however, a valuable relief has been with us for many years
The Coronavirus Job Retention Scheme and Furloughed Workers
Under Coronavirus Job Retention scheme, the government will pay up to 80% of wages for those employees who would otherwise be made redundant. All UK businesses are eligible to use the
Government Support for Business Update
Following recent announcement from the government, we have summarised below what has been announced so far. Unfortunately, detailed information at the moment is limited, but we will provide updates as
Preparing Your Business for an MBO
A Management Buy Out (MBO) is a common way for the ownership of a business to change hands. For owners, selling to an existing leadership team provides peace of mind
Research & Development Tax Relief: FAQs Answered
Since 2000, UK businesses have been able to claim tax relief on investments they make into research and development. The purpose is to encourage more firms to undertake R&D activity,
IR35 Reforms To Be Delayed For A Year Due To Coronavirus
Steve Barclay, the Chief Treasury Secretary has announced that the IR35 tax reforms are to be pushed back by one year. Speaking at yesterday’s Budget debate, he confirmed that the
Government Support for Business
Sick Pay HMRC is bringing forward legislation to allow small and medium sized businesses and employers to reclaim Statutory Sick Pay (SSP) paid for sickness absence due to COVID-19. Eligibility
What Exit Options Do Business Owners Have?
For entrepreneurs and business owners, an exit strategy is your endgame - your way out of the company you have worked so hard to build up, whether that means the
Why Outsourcing Your Payroll Makes Sound Business Sense
In the normal course of things, as a business grows, so does its roster of employees. And while many hands make light of more work - and therefore more opportunities
Why Trust Without Oversight is a Recipe for Fraud
In summer 2018, the National Fraud Intelligence Bureau issued an alert warning that so-called ‘insider fraud’ was posing a bigger threat to UK businesses than any other fraudulent activity. According
What is a Forensic Accountant and Why Would Your Business Need One?
Fans of long-running TV detective drama CSI will no doubt be familiar with what it is forensic investigators do. In a nutshell, they apply detailed scientific investigative techniques to crime
Why it Makes Sense to Consult a Corporate Finance Specialist Early
Whether you are looking to acquire a business, lead a management buy-out, raise capital for expansion or purchase property, finance is everything. Your plans to a large extent rest on
Debunking the Myths of R&D Tax Credits
From IT to manufacturing, utilities to healthcare, research and development is a vital value-added activity for millions of businesses across dozens of sectors. R&D (Research and Development tax credits), as
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