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Could Your Finances Be Recession Proof?

As the IMF announce the economy will shrink by 3%, how do households and indeed companies stay afloat and continue to thrive?
Simas have complied six quick and easy to implement ways to future proof your finances.

recession proof

Lenders Announce A Mortgage Payment Holiday

For many people, the mortgage payment holiday has provided a much needed lifeline.
If you have not yet taken a mortgage payment holiday, it’s definitely worth finding out more, and seeing if it is something of benefit.

buy to let

How To Re-open After The COVID-19 Lockdown

Although the government has not confirmed when a post-coronavirus return to the office might happen, but companies have started strategising.
Being ‘Covid Secure’ has become the new buzz word – but what does it actually mean?

covid lockdown

Fraud trends from Covid-19

The UK Financial Intelligence Unit has published a guidance note on COVID-19 that sets out their recent observations about the rises in fraud.
They have also set out new Glossary Codes in relation to any COVID-19 suspicions, fraudulent use of Government Priority Schemes and fraudulent use of the HMRC Self-Assessment Tax Refunds system.

Fraud and phishing

The Bounce Back Loan Scheme for Small businesses

The UK’s biggest banks have said they will ease their lending conditions via the bounce back loan scheme to make it easier for small businesses to access cash through the coronavirus business loan schemes. Chancellor Rishi Sunak offered 100 per cent guarantees to the smallest businesses.

Bounce back loan

Coronavirus Job Retention Scheme

The Coronavirus Job Retention Scheme is a temporary scheme open to all UK employers starting from 1 March 2020. It is there to support employers whose operations have been severely affected by coronavirus (COVID-19). Employers can claim for 80% of furloughed employees.

Coronavirus Job Retention Scheme

Coronavirus Business Interruption Loan Scheme

The Coronavirus Business Interruption Loan Scheme scheme helps small and medium-sized businesses affected by coronavirus (COVID-19) to access finance of […]

The problem

Deferring VAT and Income Tax

On 20 March 2020, the UK Chancellor of the Exchequer announced a package of COVID-19 measures. The measures on tax include […]

covid 19 income tax

Coronavirus – What help is available to UK business?

of we Many UK businesses are currently very worried about the impact the Coronavirus (COVID-19) will have on the economy […]

The problem

Top Tips for Creating a Successful Online Retail Business (Part 1)

Your retail business has just gone online. You are full of excitement and enthusiasm. But how do you make sure you attract buyers and retain loyal customers? Read our 7 tips for creating a successful online retail business.

online retail