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
Chancellor announces a range of measures to help businesses through the winter
Today the Chancellor introduced a new Job Support Scheme (JSS) to help businesses and employees through to 30th April 2021. In addition to the JSS, the Chancellor announced an extension of the Self Employed Income Support Scheme (SEISS) and funding support for...
Business support for latest COVID restrictions
The Prime Minister today announced a tightening of restrictions in England to curb the number of daily infections as the country continues to battle COVID-19. Key points include: Working from home where possible; Restrictions on opening hours for pubs, bars and...
New grants to support businesses required to close due to local COVID-19 restrictions
The Government has announced new grants to support businesses that are required to close due to COVID-19 in high incidence areas. The grants will be for either £1,500 or £1,000 every three weeks depending on the size of the business. For businesses that occupy...
How to partially sell your business without losing control and why now is the right time to consider it!
Most business owners assume when they sell their business they will lose control and therefore don’t consider it until they are approaching retirement. In reality, there are lots of options to consider and in many cases, it can help ‘lock-in’ your management team...
New grants to help fund recovery for SMEs
The Government has announced £20m in funding to help SMEs in England recover from the effects of the COVID crisis. SMEs can access grants for new technology and other equipment. The grants can also be used for professional, legal, financial and other advice to assist...
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...
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...
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...
Last chance for the Self Employed Income Support Scheme (SEISS)
Self-employed businesses who have not made a claim under the SEISS for March to May can still make a claim but the deadline is Monday 13th July. In order to qualify for a grant under the SEISS: You have been trading in 2018/19 and have submitted your tax return by 23...