At Budget 2020 on Wednesday 11 March, the Chancellor announced a ‘Coronavirus Business Interruption Loan Scheme’ (CBILS), and that it would become available ‘over the coming weeks’. This has been brought forward, and we now expect the new scheme to become available in week commencing 23 March 2020. This information is with thanks to the […]
There has been a long running tax case rumbling through the lower courts on the use of a device called an Employee Benefit Trust (EBT) by Glasgow Rangers Plc. HMRC have considered the use of the EBT a scheme to avoid PAYE and NIC. The case has now been considered by the Law Lords in […]
Blackpool Council’s executive is recommending that the existing Blackpool Investment Fund is expanded and renamed the Loan Fund, with £100m of loans to be made available for business growth. The Blackpool Loan Fund will support specific growth projects with the intention of creating more jobs for local people. In recent years, 12 businesses have already […]
