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News

03 Apr 2020

Majority of UK firms have less than three months' cash reserves

A significant number of UK firms face the prospect of running out of cash within three months, according to a survey carried out by the British Chambers of Commerce (BCC).

03 Apr 2020

Major UK banks will pay no dividends or bonuses this year

The seven largest banks in the UK have agreed to the proposal put forward by the Prudential Regulation Authority (PRA) that they suspend dividends and bonuses until the end of 2020.

02 Apr 2020

Government publishes details on coronavirus grant schemes for small businesses

The government has published details on the COVID-19 support schemes for small businesses and retailers.

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Rate 1979/80 1980/81
Single Persons Allowance £1165 £1375
Married Man's £1815 £2145
Child's allowance (per child) £365 £365
Age related 65-74 £1540 £1820
Higher rate - income over £31,865 £32,010
Age related 75 and over
Married Couples
Age related 65-74 £2455 £2895
Age related 75 and over

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Chalmers HB Limited, Registered in England, Registered number 4233537, Registered Office: 20 Chamberlain Street Wells Somerset BA5 2PF. Chalmers HB Audit Limited, Registered in England, Registered number 9739736, Registered Office: 20 Chamberlain Street, Wells, Somerset BA5 2PF.