Funding Options Blog
Home of our blog articles on topics that will inform and educate entrepreneurs on topics such as lending, green finance, tax and financial matters.
Has the 31 January penalty deadline for taxes been extended?
The “immense pressure” the coronavirus pandemic has put many individuals under has prompted HM Revenue and Customs (HMRC) to provide self-assessment taxpayers with an extra month to file their online tax returns without receiving a penalty.
27 Jan 2021
Government offers grants to survive post covid
One-off grants worth up to £9,000 will be available for businesses in retail, hospitality and leisure to help them stay afloat until spring 2021, the Chancellor has announced.
5 Jan 2021
Can I apply for a second CBILS loan?
On December 17th 2020 Chancellor Rishi Sunak announced that the Coronavirus Business Interruption Loan Scheme (CBILS) is being extended to the end of March 2021. Previously, the deadline was set to the end of January.
4 Jan 2021
Coronavirus emergency loan schemes extended
Chancellor Rishi Sunak plans to extend the government-guaranteed emergency loan schemes and furlough scheme to provide further financial help to UK businesses impacted by the pandemic.
18 Dec 2020
Flexibility and funding for businesses in winter economy plan
On 24 September 2020 the Chancellor Rishi Sunak announced a further set of targeted measures to protect jobs and help businesses remain financially feasible as we head into the winter months.
24 Nov 2020
British Business Bank extends CBILS deadline — apply by 30 September
The government-backed British Business Bank (BBB) has provided accredited lenders with extra time to grant state-backed loans to adversely affected SMEs and larger firms through the Coronavirus Business Interruption Loan Scheme (CBILS) and the Coronavirus Large Business Interruption Loan Scheme (CLBILS).
24 Nov 2020
Some undertakings in difficulty to benefit from the CBILS
More small businesses are set to benefit from the Coronavirus Business Interruption Loan Scheme (CBILS) after UK Government and industry lobbying led to recent changes to state aid rules.
15 Dec 2020
Chancellor Rishi Sunak reveals £30bn plan to save UK jobs
On July 8th, Chancellor Rishi Sunak announced a series of new measures worth £30bn in a bid to prevent mass unemployment as the economy is hit by the coronavirus pandemic.
15 Dec 2020
Sunak expands £500m Future Fund for startups
The UK government is expanding the £500m Future Fund for UK firms that have been adversely affected by the coronavirus pandemic, allowing businesses that have moved their HQs abroad to access the scheme.
15 Dec 2020
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