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Help to Grow – the new support scheme from the government

The government is offering a new scheme called “Help to Grow” for SMEs. ⁠

The programme will help small and medium sized businesses across the UK learn new skills, reach new customers and boost profits.⁠

You could get:⁠

– an Executive Development programme that could help you improve business performance and growth potential ⁠
– free online advice and money off software that could help you save time and cut costs through Help to Grow: Digital⁠

The initiative is open to businesses with 5 to 249 employees who have been trading for more than 1 year. It consists of two strands outlined below:⁠

1. Help to Grow: Digital⁠

  • Use technology to boost productivity and profits⁠
  • Access impartial advice through an online platform⁠
  • A discount of 50% on approved software worth up to £5,000 for each eligible business⁠
  • The software provided will help businesses build customer relationships and manage their accounts and finances digitally⁠
  • The business must be registered at Companies House, ie a company or LLP⁠

2. Help to Grow: Management⁠

  • Improve business performance, leadership skills, and growth potential⁠
  • Receive 50 hours of ‘MBA’ style management training from leading business schools across 12 weeks⁠
  • One-to-one support from a business mentor⁠
  • The main modules will cover financial management, innovation, and digital adoption⁠
  • The programme is 90% subsidised by the government and will cost £750 to participants⁠
  • The participant should be a decision maker or member of the senior management team⁠


If you are interested, take a look at the website: https://helptogrow.campaign.gov.uk/⁠

AllianceCA – Your finance partner⁠

Self Employment Income Support Scheme Extended!

Great news for if you are self employed. ⁠SEISS support scheme has been extended. Self employed support extended

The Self-Employment Income Support Scheme has been extended by a further, and final, three months at a reduced rate of 70% of average monthly trading profits.⁠ ⁠

The scheme initially ran for three months to cover profits lost by the self-employed during March to May 2020.⁠ ⁠ Under the second and final round, intended to cover June, July and August, claims are to be reduced to the lower of £6,570 and 70% of average monthly profits.⁠

⁠ You do not need to have made a claim for the first period to be able to make a claim for the second grant, but as with the first, your business must have been adversely affected by Coronavirus.⁠

Full details can be found by clicking here

AllianceCA makes sure all our clients get useful and practical tax advice that they can act on. ⁠ ⁠

Come and have a word. ⁠ ⁠

#AllianceCA #tax #SEISS #greatadvice #thankyouNHS

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