What happens if you don’t pay bounce back loan? The first thing to remember if you believe you can’t pay back your bounce-back loan is not to panic. We support directors with expert advice. Depending on whether you took a bounce-back loan for a sole trader or
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GOVERNMENT EXTENDS BAN ON COMMERCIAL EVICTIONS! A commercial lease moratorium was extended by another 9 months yesterday meaning landlords can not evict tenants out of their premises until at least March 2022. A report suggests that almost £6 billion worth of unpaid rent has built up over
Read more →With Government Support Finishing Soon – What’s Your Plan? The end of the support doesn’t mean the end of your business! Various forms of support that have been available throughout the pandemic are soon coming to an end. Business rate relief, the furlough scheme, grants from the
Read more →Here is when you could be made personally liable in a liquidation If you’re a director who has spent their Bounce Back Loan on living costs then watch this video. Many ltd company directors slipped through the net of Government support and were not deemed eligible. This
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