Self Employment Income Support Scheme Grant Update

As confirmed in the spring budget the 4th SEISS grant will be opening in April 2021. The fourth grant is calculated at 80% of 3 months’ average trading profits and will be capped at £7,500. Eligibility: To be eligible for …

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New Government Backed Recovery Loan Scheme opens for applications

In the spring Budget the chancellor Rishi Sunak announced that the Government intended to introduce a new £75bn Recovery Loan Scheme (RLS) providing financial support for businesses affected by the pandemic. This new Recovery Loan scheme formally opened for applications …

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Micro Food Business Investment Scheme

Grants of up to £50,000 will be available for micro food and drink manufacturers to expand The Department of Agriculture, Environment and Rural Affairs (DAERA) have announced that a £1 million capital grant scheme will open in March 2021. This …

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COVID-19 Micro-business E-commerce Grant (MBEG)

It has been announced that a £3million fund will be allocated to helping NI businesses expand and grow in the online market.  Invest NI have designed and will operate a scheme for any business wanting to grow and develop their …

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SME Brexit Support Fund

A grant of £2,000 is available to small and medium sized businesses to help cover the costs of training staff on importing and exporting. Eligible Staff Training Expenditure: completing custom declarations using customs software updating knowledge on VAT, excise and …

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COVID-19 Productive Investment Capital Grant

This grant aims to help businesses by improving their productivity. By providing goods and services more efficiently and effectively, businesses should expect an increase in sales, which in turn will mean higher profits. PICG is open to any businesses operating …

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Limited Company Director’s Support Scheme

  The Minister for the Economy has announced details of the Limited Company Director’s Support Scheme (LCDSS), designed to provide financial support to company directors who have personally been adversely impacted by COVID-19.       Support Available: ThE LCDSS …

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Get Ready for Brexit Tool

Regardless of whether there is a deal or no deal agreed, there will be changes for NI businesses from 1 January 2021.   So what will happen on 1 January? Physical checks will not take place at the border between …

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Important VAT Changes

There are a number of changes which will be coming into force in relation to how you submit your VAT return in the coming months. If you pay by Direct Debit HMRC will be contacting you to supply or confirm …

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Newly Self-Employed Support Scheme

A scheme to provide support to newly self-employed individuals who have been negatively impacted by COVID-19 is now open. This scheme is administered by Invest Northern Ireland on behalf of the Department for the Economy and it closes for any …

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