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Help to Grow Your Business

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Take your business to the next level with the government’s new Help to Grow programme. The programme will help small and medium sized businesses across the UK learn new skills, reach new customers and boost profits.

Click here

You could get:

  • an Executive Development programme that could help you improve business performance and growth potential through Help to Grow: Management
  • free online advice and money off software that could help you save time and cut costs through Help to Grow: Digital

https://helptogrow.campaign.gov.uk/

Government Business Support Launched today in the Budget

Register urgently for the New Gov Scheme

Help To Grow Your Business

Also
Todays Budget Announcements key points ‼

Furlough scheme extended to Sept 2021.

  • Employees Will get 80% wages for hrs not worked
  • Employers to contribute  10% for Aug and 20% Sept 2021

Self employed grant – 4th grant covering feb to April 2021 of 80% of Avg. trading profits

  • 5th grant covering 3 months from May 2021
  • newly self employed people in 2019-20 whose tax returns are submitted by 02.03.2021 eligible for 4th and 5th grant.

Income tax allowance will rise to £12,570 for basic rate payers and £50270 for high rate payers next year before being frozen until April 2026.

£20 a week uplift in universal credit extended for 6 months.

New recovery loan for any size of business from £25k to £10m – govt guarantee 80%

Stamp duty holiday upto £500k continues until end of June. Will be kept at double its standard level of £250k until end of Sept and will return to £125k nil rate band from 01.10.2021

For Hospitality and leisure 100% Business rate holiday till June 2021 and then discounted by two thirds with a lower cap for those who have been able to open for the remaining 9 months.

Vat for Hospitality at 5% reduced rate continues till Sept 2021 after that 12.5% for another 6 months and not going back to 20% until 2022.

Help to buy scheme –  mortgage guarantee to help first time buyers access 95% mortgages.

IHT/ pensions allowance / Cgt allowances / vat exemption threshold no changes – all frozen.

Corporation tax to increased to 25% in 2023 for profits over £250k

19% rate continues for profits under £50k. Tapper relief for profits between £50k – £250k.

Alcohol and fuel.duties also frozen until next year.

New restart grant in April for reopening non essential business from £6000 per premises.

And much more…these are only the highlights, the main key points useful for any business..

Onwards & Upwards!, 🙏
Sukhi Wahiwala
Sikh Entrepreneur Chairman

The post Help to Grow Your Business first appeared on Sikh Entrepreneur.

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