Taking money out of your limited company A limited company is a separate entity in the eyes of the law, just like an individual person. This means that you cannot simply take money out of a limited company account like it was your own personal bank account. All finances legally belong […]

Bounce Back Loan The Scheme launched on Monday 4 May and we have seen funds released to businesses within 24 hours (depending on the bank). The loan is 100% guaranteed by the government, no credit checks and personal guaranties. With a low interest rate of 2.5% and no repayment due during […]

This is an update from HMRC: Dear customer, We want to help you get ready to make a claim under the Coronavirus Job Retention Scheme. If you’re eligible for the scheme, there are things that you can do now to be ready when the system is up and running later this month. […]

Coronavirus Job Retention Scheme: a cash grant that is designed to allow employers to retain staff who would otherwise be laid off. Employers may claim a grant of up to 80% of the salaries of employees who have been laid off during this crisis. This is subject to a cap of […]

The outbreak of the coronavirus has been and continues to be a source of concern for everyone. I hope that during this time, you and your family has been save, will and continue to be save. COVID-19 is changing many aspects of our daily lives and is certainly a treat to […]