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Coronavirus - What The Government Are Doing

Each day, the Government are making further announcements as to how they are helping the country with this unprecedented situation. We are also reviewing this on a daily basis and will continue to update our website with articles in order to assist our clients. 

The Government has announced various support packages, some of which we have mentioned in previous articles, however, the key factors are:-

·        Mortgage holidays for those in financial difficulties. It’s uncertain whether this will affect your credit rating.

·        Additional loans, as we mentioned in a previous article.

·        The extension of business rates relief for all firms in the hospitality sector.

·        Funding grants for small businesses. There is some uncertainty about how to apply for these grants, and the British Chambers of Commerce has said that they need to work through the fine print.

There are various other areas that the Government is looking at, however, we will only report on these once they are factual.

Please ensure that you regularly check back on our website as articles will continue to be uploaded.

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MPH Accountants

We offer a friendly and professional service to our clients. Our client base is wide and varied ranging from small one-man bands to large limited companies, and our business principle is the same in that each client, no matter what size, has their own individual requirements.

Whitstable - 01227 277 667
Thanet - 01843 230 256
Purslea - 01547 578 222
Email: admin@mphaccountants.co.uk