On 3rd March Rishi Sunak introduced a number of new measures of support for SMEs as part of his budget. He also extended some of the existing schemes as well as announcing some new initiatives designed to support the survival, growth and development of businesses.
From the extension of furlough to a continuance of business rate relief for retail, hospitality and leisure, right through to grants, a new VAT deferral scheme plus much more.
The UK200Group, of which we are proud members of, have put together a handy summary of the key things that may be relevant to a SME business from a cash flow and growth perspective.
The short summary guide which includes links to further details on each initiative is available here:
Always At Your Side
Given the ongoing effects of the pandemic on business and the many changes that have been introduced, please contact Sam Lyon if you are looking for guidance and advice that is specific to your business and circumstances. Sam can be contacted on 01228 585716.