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Filtered By Category: Property & Construction

May 8 2020

£100m emergency loan fund for SME house builders

Categories: COVID-19Property & Construction

The Scottish Government has unveiled a £100 million emergency loan fund to support house builders affected by the COVID-19 pandemic. Small and medium-sized business with liquidity issues due to the temporary closure of the house building sector can apply for a short-term loan of between £50k and £1m spread over a two year term at a fixed 2% more

Apr 29 2020

Improving cashflow for the construction sector – VAT

Categories: COVID-19Property & ConstructionTaxation

During the COVID-19 pandemic, the inability to work on site is having a massive cashflow implication for all businesses in the construction sector. As discussed in our previous article, Research & Development (R&D) tax credits can increase cash inflow however there are also various VAT relief options. The Governments VAT deferral scheme supports those affected by the COVID-19 pandemic by more

Apr 3 2020

The impact of COVID-19 on the construction sector

Categories: COVID-19Property & Construction

As the COVID-19 pandemic continues its firm grip of the UK, leaving all but essential construction works on hold until the crisis is over, businesses are now trying to assess the damage this will cause with the majority of sites forced to close and what support is available. The postponement of the reforms to the more

Feb 21 2020

Can you better fund your business?

Categories: Property & Construction

‘Cash is king’ is an age-old saying that has always and will always be true – especially for small and medium-sized enterprises (SMEs). SMEs in the construction sector can often find it difficult to secure funding as traditional lenders are unwilling to take on such a risk with upfront labour and material costs often needed more