Today's summer statement is a call to get us out more during July and August and shows how concerned the government is about the economy. 

The headline is the 50% discount up to £10 per head 'eat out to help out' scheme to use against food and soft drinks from Monday to Wednesday during August, which indeed it will. 

Two and half months after his first announcement on government help for businesses, on Friday the Chancellor amended and extended the self employed (SEISS) and employee (CJRS) grant schemes to reflect the anticipated gradual exit from the Coronavirus lockdown.

How small businesses can strike back and win the Coronavirus war...

Today is the day the most useful loan initiative for SMEs goes live, the Bounce Back Loan Scheme (BBLS). Coincidence? Parallel universe? It probably feels like it!

Why are they so good?

The Chancellor today announced probably his final major finance coronavirus package.

The self employed find themselves in a new world requiring state support when they need very little in normal times. However, many remain excluded and will need to turn to other measures previously announced. 

What Is The Grant Based On?

Your grant will be based on 80% of the average of your profits showing in your income tax returns for the 2019, 2018 and 2017 income tax years.