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Recent news from Cottons you may have missed

Important information for Directors of limited companies

Important information for Directors of limited companies

On Thursday the Chancellor laid out further details on support for businesses and individuals affected by the COVID-19 pandemic. This most recent guidance only applies to the self-employed (i.e. sole traders and partners of partnerships). It is important to note: It does not apply to directors of their own limited companies. The only comment we ...
Furlough and the Job Retention Scheme

Furlough and the Job Retention Scheme

The Government has announced its plans for financial assistance to help employers retain employees for an extended period of time, although offering no work, and avoid lay-offs. It is called the Job Retention Scheme and, while little information has been published as to how it will work, we have set out below what we do ...
Coronavirus Business Interruption Loan Scheme (CBILS) – OPEN FOR APPLICATIONS

Coronavirus Business Interruption Loan Scheme (CBILS) – OPEN FOR APPLICATIONS

We can confirm that the Coronavirus Business Interruption Loan Scheme (CBILS) opens for applications today and supports a wide range of business finance products, including term loans, overdrafts, invoice finance and asset finance facilities and can provide facilities of up to £5m for smaller businesses across the UK who are experiencing lost or deferred revenues, ...
How Xero and Fluidly can support your business during the COVID-19 outbreak

How Xero and Fluidly can support your business during the COVID-19 outbreak

The coronavirus outbreak has everyone worried, from employees and small business owners all the way through to multi-national corporations. Whilst larger businesses have finance departments and IT systems in place to guide them through, small businesses may be worried about how they will cope with the pressure. Here is our guide to how Xero can ...

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