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Supreme Court backs SMEs in Business Interruption Insurance dispute
There is some potential good news for SMEs awaiting pay-outs under Business Interruption Insurance policies. Almost 400,000 businesses’ claims had been disputed by their insurers, which stated that the Coronavirus pandemic was not covered in the policies. On...
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Time to refinance your CBILS and BBLS?
Last year the Government launched two loan packages to help businesses that were experiencing difficulty due to the Coronavirus pandemic – The Bounce Back Loan Scheme (BBLS) and The Coronavirus Business Interruption Lending Scheme (CBILS)....
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Important changes to the Coronavirus Job Retention Scheme (CJRS)
On 29 May 2020, The Chancellor outlined further details on the extension of CJRS, including improved flexibility to bring furloughed employees back part time in July, and a new taper requiring employers to contribute to...
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Do your research! How your R&D spend could bring cash into your business
The COVID-19 pandemic continues to negatively affect businesses and many of you will be burning through cash reserves to keep your company afloat. Whilst there is help available in the form of extra borrowing, there...
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The Bounce Back Loan Scheme – the answer to our prayers?
Today is the day. After last week’s announcement from the Chancellor of the Exchequer, we will see the launch of the ‘Bounce Back Loan Scheme’. It looks like a good product, but apart from the...
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How healthy is your business?
Pro-actions has a well-developed view of the key elements of running a business based on our long experience of helping clients.
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