As the Coronavirus pandemic unfolds, the message we are hearing over and over is that cash flow is under pressure. The Government has inroduced the Coronavirus Business Interruption Loan Scheme (CBILS) to support businesses at this challenging time.
The guide below explains the requirements of the scheme, and explains the information you need to provide in order to increase the likelihood of a ‘yes’ decision from the bank.
Dixcart accountants can guide you through the process of preparing to apply for the Coronavirus Business Interruption Loan Scheme and our tax advisers can help with relevant matters including negotiating payment terms with HMRC. Please get in touch.