What does the UK Budget announcements mean for you and your business?

Rishi Sunak has set out the UK Government’s plans for recovery. The Chancellor has promised to do “whatever it takes” to help the UK’s pandemic-damaged economy. HB Accountants are here to help you #BeInformed and our budget summary gives to you overview of the key announcements arising for the Chancellor’s speech.

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What does the ‘Roadmap to Recovery’ announced by Boris Johnson mean for my business?

The Prime Minister has announced the Government’s roadmap to reopening the economy entitled Covid-19 Response – Spring 2021. A copy of the full guidance is here

It introduced a 4 stage plan for reopening the economy starting on Monday 8th March with the reopening of schools and colleges. Then subsequent stages will follow at 5 week intervals provided the following four conditions are met at each stage before proceeding to the next one:

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Grants available for SMEs impacted by Covid pandemic

Great news for SMEs that need some financial help after the recent (and ongoing) business disruption caused by the pandemic. Grants, launching today, are available for between £1,000 – £5,000 to be used to access new technology and other equipment, as well as professional, legal, or financial advice to help get back on track.

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