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

Five things that might be missing from your Will

Most of our advice to date has focused on how to support your business during COVID-19 but following our email last week about Wills our private client team has been working closely with our clients and their family members to ensure their personal affairs are also in...

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HMRC delays second phase for Making Tax Digital (MTD) scheme

As UK businesses deal with the pressures of COVID-19, more stringent rules around digital links for HMRC’s Making Tax Digital (MTD) scheme will no longer be introduced as planned this year. Instead, the requirement will come into effect from April 2021 onwards, giving...

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Changes to the Furlough Scheme – Action Required

The Chancellor, Rishi Sunak, today announced changes to the Government’s furlough scheme. Most importantly, all previous versions of the Guidance (including guidance released today at 7pm) stated that it was sufficient to notify your staff in writing of the fact that...

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Wills and Estate Planning – Free Consultation

As a consequence of COVID-19, we are receiving lots of requests from clients about reviewing or updating their Wills (or the Wills of their family members). As a reminder, our private client team offer a complete end-to-end service covering all aspects of estate...

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From Cash Preservation to Cash Flow Forecasting

Hopefully, by now you are at an advanced stage with the Government measures that are already available to you. Existing options include: Business Interruption Loan Scheme (BILS); CJRS & Furloughing Staff; Rent assistance; Tax deferrals. Whilst the measures are...

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What to Expect from the Next Chancellor Statement

BILS Overhauled Anticipated Following on from yesterday’s email there have been multiple reports today that the Chancellor is expected to overhaul the Coronavirus Business Interruption Loan Scheme (BILS). We wouldn’t ordinarily comment on speculation but we know that...

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Government puts pressure on Banks to help Businesses

After a quiet few days for business announcements from the government, today the Business Secretary, Alok Sharma, addressed the nation, to give some much-needed optimism for businesses that are still struggling due to the limitations in the government’s support...

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