Changes to the Coronavirus Job Retention Scheme

June 01, 2020 | by Sian Kelly | No comments

On Friday 29th May, the Chancellor, Rishi Sunak, announced more details about the extension to the Coronavirus Job Retention Scheme (CJRS).

Here is a summary of the three major updates you need to know about:

1.  As of August, you must contribute to furloughed employees’ wage costs. The level of contribution will increase each month until the scheme closes in October.

2.  The current furlough scheme will close to new entrants on the 30th of June. If you want to put any new employees on furlough, you must do so by the 10th of June.

3.  A new flexible furlough scheme will launch from the 1st of July. You can bring furloughed employees back on part-time hours and claim for the time your employees are not at work, to a set limit.

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How to teach your children the importance of money management

May 28, 2020 | by Sian Kelly | No comments

At Inform, we’re always looking to find the positives in the face of uncertainty and adversity.

Having to homeschool our children has certainly uncovered a newfound respect for our educators - it’s tough!

And whilst it’s not on the school curriculum, what better opportunity than now to educate your children on the importance of money management.

So we’ve come up with some great and simple ways you can start teaching your children about the importance of proper financial management.

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Small business loan support: Bounce Back Loan Scheme, and CBILS through Funding Options

May 04, 2020 | by Sian Kelly | No comments

Over the last week, the government has announced some new initiatives in an aim to provide additional loan support small businesses and those most affected by the crisis.

Funding Circle, one of the UK's leading alternative lenders has also recently announced that is has been approved as a CBILS accredited lender.

Here we explain the new government loan schemes, and how CBILS works through Funding Options. 

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Four key cashflow issues that could cripple your business (and how to avoid them)...

October 29, 2019 | by Sian Kelly | No comments
 

At the risk of repeating ourselves, cashflow is king for every small business.

You can have the best business idea in the world, but without sufficient incomings to meet your expenditure, you’ll never have the money available to make your business grow.

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How to prepare a quarterly cashflow forecast (and why it’s essential for EVERY business)

June 10, 2019 | by Sian Kelly | No comments

Whether your business is flush with cash or struggling to make ends meet, a 13-week cashflow forecast is just about the most important financial tool at your disposal.

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Brexit Latest: Time to plan for uncertainty...

January 21, 2019 | by Sian Kelly | No comments

As the March 29th deadline looms, Britains withdrawal from the EU appears to get messier by the day. We wanted to try and provide some clarity on the current goings on in Parliament - and what it all means for your business.

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