The Chancellor extended the support

The Chancellor extended the support available once again there yesterday which further reinforces the fact that the battle against COVID-19 is still far from being over and based on his extended timescales it would be reasonable to expect at least some form of disruption into April/May and most likely for at least the first 6 months of next year though there are plenty of positives signs.  

The three key announcements yesterday were:

  1. the extension of furlough payments to 30 April 2021
  2. businesses will now have until 31 March 2021 to access the Government-backed loan schemes
  3. the budget announcement will be on 3 March 2021 whereby further support packages are expected to be announced including there being mention of new loan schemes that will replace the current Government-backed loan schemes

For the full release and to read more please click here.

Ian Prior - Director of Caretech Systems Ltd

"We have used Tennick Accountants now for a few years and what a breath of fresh air. Regularly discussing more than tax and accounts and recently they convinced me to join one of their 12 week workshops that in one session alone has saved me thousands of pounds already."

Ian Prior – Director of Caretech Systems Ltd
 

Speak to the team about your goals and vision. We'll tell you how we can help you make them a reality.

Are you looking to work with a strategic accounting partner to help shape your business’s future? We’d love to hear from you