The Bounce Back Loan Scheme Has Closed. Are There Alternatives?
| 09-04-2021What are the alternatives for businesses struggling with covid-related debt now the Bounce Back & Coronavirus Business Interruption Loan Schemes are closed?
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Take a look through the latest in-depth industry news as well as a range of features, insights and advice across a variety of different financial topics. Have a browse through our guides and web pages, so you can get an idea about what options might be possible and most helpful in your situation.
What are the alternatives for businesses struggling with covid-related debt now the Bounce Back & Coronavirus Business Interruption Loan Schemes are closed?
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As a director, you have misused your Bounce Back Loan (BBL) if the loan has been used for reasons not deemed to be for the company’s economic benefit.
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Changes were anticipated to Capital Gains Tax and Business Asset Disposal Relief. However, the budget didn't contain these expected changes.
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All eyes were on the House of Commons on March 3rd, 2021, when Chancellor Rishi Sunak delivered his much-anticipated budget.
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The Coronavirus Job Support Scheme (Furlough) is to be extended until autumn. The current business rate relief and a review have been extended and delayed.
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Chancellor Rishi Sunak recently announced the ‘Pay as You Grow’ (PAYG) initiative, aimed at helping businesses with Bounce Back Loans repay.
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