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MTD July 2020 Update

Posted by: Amy Patterson

Financial Secretary to the Treasury announced on Tuesday 21st July an update on the future of Making Tax Digital. The government are moving forward with their ambitious programme by extending MTD to: The remaining VAT population from April 2022 Uni... Read More

With the coronavirus having a significant impact of a large proposition of UK businesses, many employees are now reliant on the UK government's furlough scheme, which was officially introduced on the 20th April. Over 8.7million workers have now been... Read More

You may have seen our recent blog all about what we're doing for our clients through these crazy times but we've also been doing a lot behind the scenes with our team. Below are just some of the things we've been up to. Weekly catch upEvery Friday th... Read More

It’s okay, not to be okay. It’s okay to be confused, scared, worried but we’re here to support as many people and businesses as possible throughout these times. We need to remind ourselves that these times are temporary but our service to our clients... Read More

Why is forecasting important?

Posted by: Patrick Leavy

Do you want to grow your business into an entity that will potentially outlive you? If the answer is yes, then this blog is perfect for you! Why plan? People who plan out the future in numbers, tend to have more successful businesses. More money in... Read More

As you will know we LOVE software that makes life easier for businesses – and those that know me personally know I go into nerd mode when talking about the options available for all kinds of processes.So, in these challenging times I have been thinki... Read More

How to apply for a Bounce Back Loan

Posted by: Amy Patterson

The Bounce Back Loan Scheme (BBLS) supports businesses by providing access to a source of alternative finance if you are impacted by the coronavirus outbreak. The BBLS is designed to help you in circumstances where you wouldn’t normally meet our elig... Read More

Bounce Back Loan Scheme

Posted by: Amy Patterson

There are many businesses looking for CBILS funding at the moment. With lenders being inundated against a backdrop of 23 million companies potentially seeking assistance and with only 16,624 applications now approved in 5/6 weeks, this equates to £2.... Read More

How long until your cash runs out?

Posted by: Patrick Leavy

In these testing times you need to know your burn rate; the rate at which you'll burn through your cash. Do you know how many months' worth of overheads you have in the bank? If your business is temporarily closed or sales have been reduced, you nee... Read More

We get it, COVID-19 has knocked us all for six! No-one could have ever prepared us for this current situation but let’s make a positive out of a bad situation.You started your business because you had passion or a goal to reach, don’t give up now. Yo... Read More

A Note from Will Farnell

Posted by: Amy Patterson

During a recent webinar with our clients I shared information on the support available to them, and also discussed some of the areas that support was not currently in place. I made the point that we would continue to lobby to ensure that support reac... Read More

Cash flow tips in COVID-19 crisis

Posted by: Patrick Leavy

1. Keep your accounts up to date. If you have made losses you may be able to carry losses back in time and recover tax paid in previous years.2. FC can help you access funding – short-term loans, CBIL (Coronavirus Business Interruption Loan) sc... Read More