Jul 1, 2023 | Information, Loans, News, Profit and Loss, Vault
Archived Article Notice This article reflects the economic conditions, guidance and interest rates in place at the time of original publication. The Bank of England (BoE) has raised rates 13 times in a row to June this year, with the base rate reaching 5% – a...
Apr 26, 2022 | Information, Loans, News, Vault
The Bank of England (BoE) base rate rose to 0.75% in March in response to Consumer Prices Index (CPI) inflation rising to 5.5% – almost triple the BoE’s target of 2%. Inflation is set to continue rising throughout the year with the Russian invasion of Ukraine...
Mar 28, 2022 | Business Start Ups, Covid-19, FAQ, Loans, Vault
Businesses and self-assessment taxpayers are being reminded they need to include all grants paid as part of the COVID-19 support payments in their tax returns, as some may think these were non-taxable. Have you set money aside to deal with tax on support grants? HMRC...
Mar 8, 2022 | Covid-19, FAQ, Information, Loans, Vault
The bounce back loans, CBILS and CLBILS for larger companies were some of the most generous schemes available to businesses suffering from the impact of lockdowns due to the Covid-19 pandemic, paying out a total of £80 billion to help keep businesses afloat. The...
