by Add Then Multiply | Mar 29, 2020 | Finance, Growth
Yesterday, Alok Sharma, the Secretary of State for Business, Energy and Industrial Strategy gave the government’s daily briefing to the press. Among other things, he announced that there would be a temporary relaxation to insolvency laws, designed to give company...
by Add Then Multiply | Mar 27, 2020 | Finance, Growth
This is an open letter I’ve just posted to the Chancellor to try and redress the gaping hole that entrepreneurs and self-employed people find themselves in. Dear Chancellor, The actions that you and the government have taken to...
by Add Then Multiply | Mar 27, 2020 | Finance, Growth
At last, HMRC has published guidelines on the operation of the Coronavirus Job Retention Scheme (CJRS). Here they are, translated into plain English. Who qualifies? Any UK organisation that is registered with HMRC for PAYE and had employee(s) on the...
by Add Then Multiply | Mar 26, 2020 | Finance, Growth
Help for the self-employed? Not if you’re doing well. I have to say that I’m very worried by the Chancellor’s announcements this evening. Rishi Sunak opened his presentation saying that the self-employed would get a similar deal to employees who are furloughed...
by Add Then Multiply | Mar 24, 2020 | Finance, Growth
The scheme announced by the Chancellor last Wednesday has now gone live, and there are more than 40 accredited lenders – including all the main high street banks – who offer CBILS. It is strongly recommended that you initially approach your existing...
by Add Then Multiply | Mar 21, 2020 | Finance, Growth
There have been some big announcements this week from the UK Government about support for businesses affected by Covid19. Not all of the details have been made available, but I wanted to write to you setting out what I have interpreted from the announcements...
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