The latest news and updates from Caldwell Penn

Published Tuesday, 28th April 2020

Announced: 100% government guaranteed loans of up to £50k have been made available for small to medium-sized businesses with the first 12 months of interest paid by the government.

ANNOUNCED: THE FUTURE FUND SCHEME

Published Thursday, 23rd April 2020

The government have announced the Future Fund Scheme; setting aside £250m in convertible loans for qualifying unlisted UK companies, primarily high-growth tech start ups. The scheme is set to go live in May 2020!

THE JOB RETENTION SCHEME IS NOW LIVE!

Published Monday, 20th April 2020

The Coronavirus Job Retention Scheme is now live! The scheme will also be extended into June 2020.

SUMMARY OF KEY UPDATES: EXTRA GUIDANCE FOR THE CORONAVIRUS JOB RETENTION SCHEME

Published Monday, 6th April 2020

The government has released extra guidance for the Coronavirus Job Retention Scheme, we’ve summarised the key updates:

OUR LATEST GUIDE: KEY FINANCIAL SUPPORT AVAILABLE TO INDIVIDUALS AND THE SELF-EMPLOYED

Published Wednesday, 1st April 2020

We've summarised the key financial support available to individuals and the self-employed in our latest guide to help you through these uncertain times.

OUR LATEST GUIDE: THE NEXT STEPS TO TAKE TO ENSURE YOU BENEFIT FROM THE JOB RETENTION SCHEME

Published Tuesday, 31st March 2020

We’ve created a step by step guide to help you apply for the government’s Job Retention Scheme. We’ve also disclosed the most up to date information on the scheme as of 31 March 2020.

COMPANIES HOUSE GRANTING A 3 MONTH EXTENSION TO FILE COMPANY ACCOUNTS

Published Thursday, 26th March 2020

From 25 March 2020, businesses will be able to apply for a three-month extension for filing their accounts. This joint initiative between the government and Companies House will mean businesses can prioritise managing the impact of Coronavirus.

OUR LATEST GUIDE: THE JOB RETENTION SCHEME

Published Wednesday, 25th March 2020

Our latest guide on the Job Retention Scheme, with a breakdown of some frequently asked questions. On Friday the Chancellor announced the establishment of the Coronavirus Job Retention Scheme to assist employers in retaining staff during the pandemic.

OUR LATEST GUIDE: CORONAVIRUS BUSINESS INTERRUPTION LOAN SCHEME (CBILS)

Published Tuesday, 24th March 2020

The Coronavirus Business Interruption Loan Scheme (CBILS) was launched on Monday 23 March 2020 to support businesses to access bank lending and overdrafts.See our latest guide for a full breakdown of the key features, eligibility criteria and steps on how to apply:Click here to download: Coronavirus Business Interruption Loan Scheme

GOVERNMENT PRESS BRIEFING 20/03/20 – KEY DEVELOPMENTS

Published Friday, 20th March 2020

Wages cover for businesses hit by virus outlined – read more hereGovernment will pay 80% of wages for employees kept on the payroll but not working, up to £2,500 per monthApplications will need to be made to HMRCAny employer of any size is eligibleAim is to have the scheme implemented

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