Can you Overpay a Bounce Back Loan?

For the first 12 months of your Bounce Back Loan, you are not required to make any repayments. However, if you are in a better financial position than you were before you got the loan, you may be looking to pay your loan back faster by overpaying or repaying the money during the initial repayment holiday. Will I get charged …

Read more

Should I Use a Bounce Back Loan to Pay Tax Bills?

BBLs were introduced to help ease the financial burden in the Covid-19 pandemic. These could be used to clear tax liabilities or help businesses to keep trading throughout the difficult times of covid. Before considering using your BBL to clear outstanding tax liabilities, contact HMRC and discuss the Time To Pay Arrangement (TTP). TTPs are designed to restructure your arrears, …

Read more

Is a Bounce Back Loan a Business Expense?

A Bounce Back Loan is essentially a loan that accumulates interest based on the original loan amount. These loans were introduced during the pandemic to relieve businesses of financial difficulties and help them operate throughout Covid times. What are business expenses classed as? Business expenses are costs experienced by a business in order to generate revenue. Expenses include things such …

Read more

How to run brilliant virtual meetings

How to run brilliant virtual meetings

By now, the novelty factor of virtual meetings – including meeting someone’s dog/cat, checking out each other’s back-drops and laughing at virtual meeting nightmares on social media – is wearing thin. This means that there’s nowhere to hide and making sure your virtual meets are a melting pot of useful discussion, creative thinking and productive progress is vital. We’ve all …

Read more

How UK Law Reinforces The Gender Pay Gap & A ‘Motherhood Penalty’

The gender-pay gap is never far out of the news cycle these days and no wonder, we are still slowly coming to understand its deeper manifestations and pervasiveness throughout the culture. Late last year, the University of Bristol released the results of a long-term study that involved over 3,500 couples. It revealed that fewer than a third of women return …

Read more

>