The latest news and updates from Caldwell Penn

Will the Coronavirus Business Interruption Loan Scheme (CBILS) and/or the Bounce Back Loan Scheme (BBLS) impact an R&D claim?

Published Monday, 6th July 2020

Both schemes, like R&D tax relief for SMEs, have been confirmed as Notified State Aid and State Aid rules prevent using more than one for of Notified State Aid on the same project, even if they’re used at different times, and even if you pay the money back.

CORONAVIRUS SICK PAY SCHEME OPENS FOR APPLICATIONS

Published Wednesday, 27th May 2020

Small businesses and employers across the UK who have paid statutory sick pay to staff taking coronavirus-related leave will be able to claim back the money from today.

UK FURLOUGH SCHEME EXTENDED BY FOUR MONTHS

Published Thursday, 14th May 2020

The government's Coronavirus Job Retention Scheme has been extended to October.

ANNOUNCED: CORONAVIRUS BOUNCE BACK LOAN

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.

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