Covid-19 Support

ICAEW Practice Radar Webinar

Last week Tom took part in the ICAEW Practice Radar Webinar – discussing practical advice from a business recovery perspective. A recording of the webinar can be found here. 

Coronavirus Job Retention Scheme – Updated 20 April

Rishi Sunak announced on 17th April that the Coronavirus Job Retention Scheme (CJRS) would now be open until the end of June – providing businesses with the certainty they need. What is it? If you cannot maintain your current workforce because your operations have been severely affected by coronavirus (COVID-19), you can furlough employees and ...

The Coronavirus Business Interruption Loan Scheme

What is it? The Coronavirus Business Interruption Loan Scheme supports small and medium-sized businesses, with an annual turnover of up to £45m, to access loans, overdrafts, invoice finance and asset finance of up to £5 million for up to six years. The scheme will be delivered through commercial lenders, backed by the Government-owned British Business ...

COVID-19 SHARING OUR EXPERIENCES.

Tom will be holding a series of regular podcasts with members of the business community to share their experiences as we all work through these challenging times. Tom spoke with Sheetal Shah from DSK LLP and Steve Broom from Metro Bank at the end of March , focusing on the Coronavirus Business Interruption Loan Scheme ...

BABR News

BABR is still open for business.  We are all working remotely, and thankfully it wasn’t too difficult as our files are electronic and our IT guys were amazing at getting everyone up and running from home.  We are, of course, working through a few niggles in process but we will get there.  We anticipate a ...

Government Coronavirus Business Support

The Chancellor has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-19. This includes a package of measures to support businesses including: a Coronavirus Job Retention Scheme deferring VAT and Income Tax payments a Statutory Sick Pay relief package ...

Entrepreneurs’ Relief

Entrepreneur’s Relief, which can reduce the rate of Capital Gains Tax from 20% to just 10% for small businesses when they close or sell up could soon be restricted or abolished in the March Budget. As it currently stands, the relief applies a reduced Capital Gains Tax rate of 10% to the first £10m of qualifying ...

How to help your clients affected by IR35 changes

Due to the changes that are due to come into effect in April 2020 many limited company contractors may choose to close down their limited companies and look into alternative ways of operating. What is IR35, and when do the changes come into effect? The IR35 regulations were first introduced in 2000 and were designed ...

President of the ICAEW Croydon Society

In the summer of 2019 Tom took on the role of President of the ICAEW Croydon Society and has been enjoying getting to grips with the new role. He is looking forward to continuing some great work with the local business community and ICAEW members in order to support and develop the Croydon District Area. ...

All consultations are confidential, free of charge and without obligation

Paul Bailey and Tommaso Ahmad are licensed insolvency practitioners in the UK and are regulated by the Institute of Chartered Accountants in England & Wales. We are also members of R3 - The Association of Business Recovery Professionals.

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+44 (0)20 8662 6070

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