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Statutory Sick Pay Rebate Scheme launches 26 May 2020 Small and medium-sized employers, with less than 250 employees, will be now be able to recover up to 2 weeks’ Statutory Sick Pay, per eligible employee, for sickness absence paid due to coronavirus. The key points are; As expected employers will be able to make their […]
Bounce Back loans will be available for applications from 9am on 4 May 2020. Up to date as at 2/5/20; Scheme launch date 4/5/20 Under the Bounce Back Loan Scheme (BBLS), the Government announced that the smallest businesses will be able to borrow between £2,000 and £50,000 – capped at 25% of a business’s turnover. […]
CBILS and Overdrafts All small business owners are watching the Governments reaction to more pressure to relieve the lack of lending under the Coronavirus Business Interruption Loan Scheme. CBILS up to date info on Friday 17/4/20; Coronavirus Business Interruption Loan Scheme (CBILS) helps affected businesses to access bank lending and overdrafts if they need to. […]
