Month: June 2021

Federation of Small Businesses calls for more help for SMEs as financial support winds down

The Federation of Small Businesses (FSB) calls on the Government to offer more economic support to small and medium enterprises (SMEs) as coronavirus-related limits continue and fewer financial packages are being handed out. 

Businesses can still access the Recovery Loan Scheme

Businesses affected by Coronavirus can still access the Recovery Loan Scheme (RLS) launched in April, despite the closure of applications for other Government loan schemes, including the Coronavirus Business Interruption Loan Scheme (CBILS). The RLS opened for application on 6 April 2021, following the closure of several other Government loan schemes on 31 March 2021.…

Fifth round of the Self-Employment Income Support Scheme to launch in late July

The fifth round of the Government’s Self-Employment Income Support Scheme (SEISS) will launch in late July, HM Revenue & Customs (HMRC) has confirmed. This round of the SEISS will differ from previous rounds as it will be paid at two different rates, which depend on the reduction in turnover a self-employed individual experienced in the…