Financial Guidance

Financial Guidance

On this page, you will find all the information you need to make informed decisions and access our expert advice in response to the Government announcements about financial support for your business. 

Contact us today to discuss how TC Group can liaise with banks and other financial institutions on your behalf to secure any loans or grants that are available to you.

Updates

Second Self-Employment Income Support Scheme opens today

Self–employed businesses can apply for the second Self-Employment Income Support Scheme (SEISS) grant from today until 19th October 2020. If your business has been adversely affected by COVID on or after 14th July 2020, have traded since 2018/19 and continue to trade...

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New Self Employed Income Support Scheme – do you qualify?

Self-employed businesses that continue to be adversely affected by Coronavirus may qualify for the new Self Employed Income Support Scheme (SEISS) three-month grant of 70% of average profits capped at £6,570. In order to qualify for the new SEISS, your business needs...

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Summer Statement 2020: Key Announcements

The Chancellor set out new measures in his Summer Statement today aimed at reviving the economy from its COVID slump. At this early stage, the announcements are characteristically light in detail, but we've summarised the key points below: Furlough The Chancellor...

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Income Tax Deferral

If you are due to make a payment on account of Income Tax on 31st July 2020 then you have the option to defer the payment until 31st January 2021. You can defer the payment due on 31st July if you complete a tax return and you are struggling to make the payment due to...

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Lasting Power Of Attorney – Don’t Leave It To Chance

The current climate around COVID-19 has triggered many of our clients to bring their finances and medical care into sharper focus. As a result, we’ve witnessed an increased interest from clients in ensuring they have a Lasting Power Of Attorney (LPA) in place. What is...

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COVID-19 Payroll Services

During this difficult period, managing your businesses payroll has become more challenging. If your internal team are stretched or as a business owner, you are looking for a more cost-effective solution then TC can help. Our payroll team can help navigate the COVID-19...

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Free Pension & Protection Review

As a consequence of COVID-19, TC is receiving lots of requests from clients for assistance in updating elements of their personal affairs that until now have not been given due consideration. One such area where our Private Client Services team have been particularly...

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Furlough Scheme Update & Actions

The Chancellor this afternoon announced changes to the Government’s furlough scheme, extending it in its current form until the end of July, with additional changes being made for August to October. As with previous announcements, today’s was lacking in solid details,...

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