Vale & West Chartered Accountants Blog

Category Archives:Grants and Deferrals

Student loans: what is changing for graduates in April

Currently, the threshold for undergraduate loan repayments stands at £27,295 per year and will remain at this level from April 2022. As for post-graduate loans, the earning threshold will also remain the same, which is £21,000 per year. Read More

Final furlough figures published before end of scheme

As the furlough scheme comes to an end, the latest figures have revealed that almost 12 million workers in England, Wales, Northern Ireland and Scotland have been supported by the Coronavirus Job Retention Scheme (CJRS) since its launch last year. Read More

Record numbers return to work ahead of closure of furlough scheme

The number of people returning to work from furlough has reached its highest level since the start of the pandemic in March, the latest figures have revealed.

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New guidance for partnerships claiming fifth SEISS grant

HM Revenue & Customs (HMRC) has clarified its guidance for members of partnerships claiming the fifth Self Employment Income Support Scheme (SEISS) grant.

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Government launches £750 million Live Events Reinsurance Scheme in wake of coronavirus pandemic

A Government-backed insurance scheme will support the events and hospitality sector recover in the wake of the coronavirus pandemic, it has been revealed.

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Coronavirus loan schemes relieved cash flow concerns for “millions” of British businesses, latest figures reveal

Businesses borrowed almost £80 billion in emergency loans and finance facilities throughout the coronavirus pandemic, a major study has revealed.

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Federation of Small Businesses calls for more help for SMEs as financial support winds down

The Federation of Small Businesses (FSB) calls on the Government to offer more economic support to small and medium enterprises (SMEs) as coronavirus-related limits continue and fewer financial packages are being handed out.  Read More

New figures highlight success of coronavirus support schemes

Some 2.8 million people took advantage of the Self-Employment Income Support Scheme (SEISS) in the last year, the latest figures have revealed.

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Government Start Up Loans attributed to rapid rise in new companies

The number of new businesses registered at Companies House grew significantly during the final six months of 2020, the latest statistics have revealed. Read More

Small businesses handed £7.8 billion through local authority grant schemes, figures reveal

More than £7.8 billion in grant funding has been delivered to small businesses through local authority grant schemes, it has been revealed. Read More

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