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
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...
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...
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...
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...
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,...
Couples Inheritance Tax Thresholds
Just as you would regularly review your financial affairs, it is advisable to regularly give your Will a health check to make sure it still works for you and takes advantage of all available tax allowances. Our private client team has been working closely with our...
Financial Support Reminders
The Government has today launched two much-anticipated schemes directed at small businesses and the self-employed in response to the Coronavirus crisis. Bounce Back Loans As of 9 am today, small businesses can gain access to a new fast-track finance option, known as...
Reminder – Bounce Back Loans Available From Monday
As there were no significant business announcement's today from the Government for us to advise on, we want to take this opportunity to remind you that from 9am this coming Monday, small to medium-sized businesses can gain access to a new fast-track finance option...
Claims your business can make to aid cash flow
Businesses that were previously profitable but are now potentially loss-making can apply for what is known as a 'provisional loss carry-back claim' from HMRC. What is a provisional loss carry-back claim? A provisional loss carry-back claim is a little known submission...