Blog

On 17 November 2022, the government undertook the third fiscal statement in as many  months, against a backdrop of inflation and economic recession. The Chancellor laid out three core priorities of stability, growth and public services. The government  sought a balanced path to support the economy and return to growth, partially through public spending restraint and partially… Read more

As the saying goes, a week is a long time in politics. However, recent events have been unprecedented. At the Mini Budget a new Prime Minister and Chancellor launched a new agenda, ‘The Growth Plan’. Three weeks later, after huge turmoil, a reversal of most of the elements of that plan and a new statement… Read more

Hunter Gee Holroyd have produced a Tax Card which summarises many of the rates and allowances fundamental to your business and personal lives. It’s a great point of reference throughout the coming tax year and contains lots of information on personal, business, employment, property and capital taxes, including any changes. Our guide contains information on… Read more

Against a backdrop of rising inflation, Chancellor Rishi Sunak presented his first Spring Statement on Wednesday 23 March 2022. In his Spring Statement, the Chancellor announced a cut in fuel duty for petrol and diesel as he sought to ease the impact of rising prices for households and businesses. The Chancellor will lift the starting… Read more

The Recovery Loan Scheme is running until 30th June 2022. You might be thinking why is this important or could this be relevant to my business? Well, the government continues to support SMEs as they rebuild out of the pandemic. At present, should your business be approved for a Recovery Loan, lenders will not require… Read more

UK findings of the ACCA UK and Corporate Finance Network (The CFN) SME Recovery Tracker: Research reveals continued financial pressure on SMEs and a spike in reports of worsening mental health. More than 1 in 4 (26%) of UK SMEs will struggle to meet rising payroll costs in April due to the incoming health and… Read more

Chancellor Rishi Sunak has set out a £1bn fund to help businesses hit by the rise in Covid cases, including the leisure and hospitality sector. What does this mean? Restaurants, bars, cinemas and theatres can apply for a grant of up to £6,000 for each of their premises. The Treasury is setting aside £683m for… Read more

The Chancellor Rishi Sunak presented his third Budget on 27 October 2021. In his speech he set out the plans to “build back better” with ambitions to level up and reduce regional inequality. Main Budget proposals Tax measures include: a new temporary business rates relief in England for eligible retail, hospitality and leisure properties for… Read more

The Recovery Loan Scheme is a government loan scheme that allows qualifying businesses to borrow up to £10 million – either as term loans, overdrafts, invoice finance or asset finance. It replaced the now closed Coronavirus Business Interruption Loan Scheme (CBILS) and Bounce Back Loan Scheme (BBLS). Recovery Loan Scheme with Capitalise Many businesses are eager to get… Read more

The furlough scheme ended on 30th September 2021. Most of the workforce is now back on the payroll, however, there is still an estimated 1.6-2 million people who are still on furlough or flexible furlough according to the Office for National Statistics. The current level of government support has also been gradually reduced from 80%… Read more