Category Archives: Goverment Grants

Bounce Back Loan Scheme (BBLS) January 21 Update

Bounce Back Loan Scheme (BBLS) January 21 Update

We have now entered into the 3rd Lockdown and the Government has acknowledged the impact by announcing new Financial Aid via different schemes.  The nature of this support to businesses is implemented in many different ways. Bounce Back Loan Scheme (BBLS) Many business owners are familiar with Bounce Back Loan since early 2020.  This scheme […]

Government Financial Support For Self-Employed Jan 2021

Government Financial Support For Self-Employed Jan 2021

We have now entered into the 3rd Lockdown and the Government has acknowledged the impact by announcing new Financial Aid via different schemes.  The nature of this support to businesses is implemented in many different ways. 1        Self Employment and Universal Credit This financial support package helps with living costs.  You can get it if […]

Government Financial Support One-Off Grant For Retail, Leisure And Hospitality Businesses

Government Financial Support One-Off Grant For Retail, Leisure And Hospitality Businesses

We have now entered into the 3rd Lockdown and the Government has acknowledged the impact by announcing new Financial Aid via different schemes.  The nature of this support to businesses is implemented in many different ways. 1. Additional Restrictions Grant (ARG) This is a council-led grant to support closed businesses that don’t directly pay business […]

Government Grants & Scheme – November 2020

Government Grants & Scheme – November 2020

A – Job Support Scheme – JSS replaces Furlough Since March 2020, there are several financial aid measures declared by the UK Government.  On 22 October 2020, UK Chancellor has announced a revised financial aid package for businesses.  Here is a quick simplified summary. On 31 October 2020, the current “Furlough” scheme ends and a […]

Self-Employment Income Support Scheme (SEISS) Sept 2020

Self-Employment Income Support Scheme (SEISS) Sept 2020

The government has announced the Second stage of the Self-Employed Income Support Scheme since 17 August 2020. Key points: In the first round, the Government grant was 80% of the average of three months of trading profits, up to a maximum of £7,500 (average £2,500 per month). The second grant is up to 70% of […]