The Economic Recovery Innovation Grant
The economy minister, Gordon Lyons announced a new Economic Recovery Innovation Grant (ERIG) on the 10th November 2021. The new grant, developed by Invest NI, has been launched to support local businesses in developing and implementing innovative projects and to …
Health and Social Care Levy
In order to increase funds for the National Health Service a new tax was announced in September 2021 and has plans to be implemented at the beginning of the next tax year. National Insurance contributions will see an increase of …
Northern Ireland High Street Voucher Scheme
Economy Minister, Gordon Lyons Has Said that Northern Ireland’s High Street Voucher Scheme will open on 27th September 2021 for applications. What is it: Every Adult in Northern Ireland, over the age of 18 will be eligible to …
Business Marketing Grants
Mid Ulster District Council have released a new £250K Business Marketing Grant scheme to assist local businesses in their economic recovery. A £300 marketing grant is available to business’ based in Mid Ulster to aid them in their recovery …
The Super Deduction
Super Deduction Tax Relief Back in March as part of the budget, the Chancellor announced two new temporary first year allowances – the ‘super deduction’ and the ‘Special Rate (SR) super deduction allowance’ to help with the economic recovery from …
Rural Business Development Grant Scheme 2021
Local councils are providing grants of £500-£4,999 for small businesses based in a rural areas. These grants aim to promote both the sustainability and development of small businesses as well as helping them in their recovery from the global pandemic. …
Bounce Back Loan
If you received financial support by means of a bounce-back loan, there are now options allowing you to avail of greater flexibility when it comes to repaying this loan. Due to the chancellors Pay as You Grow repayment flexibilities, more …
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 …
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 …
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 …