ZigZag Accountants – Round Up

Zigzag

The Government made more announcements yesterday. ZigZag Accountants have provided the following round up:

1. SEISS 

  • Same eligibility as before
  • Available for Nov at 80%, then Dec & Jan at 40%, giving an average claim of 55% for the 3 months
  • Application by self-employed themselves (as before)
  • Portal expected to be open towards end of November
  1. Government Loans extended to 31/1/21
  • Applications for bounce back loans, CBILS, CLBILS and Future Fund now allowed until 31st January
  • Bounce Backs can now be topped up, if businesses didn’t originally take their max of 25% turnover or £50k (whichever is the lower).  Apply to the same lender as their first loan.

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