More recent posts
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Thinking of selling your business, or de-risking? ….delayed changes to Capital Gains Tax could be a chink of light
Prior to the Chancellor’s recent announcement that he was cancelling his Autumn Statement, it was widely believed capital gains tax (CGT) rates were to be increased to recover…
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Small businesses offered “bounce back” loans
HM Treasury (HMT) has announced details of a new 100% Government-backed loan scheme for small businesses. Under the scheme, businesses will be able to borrow between £2,000 and…
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Business Interruption Loan Scheme – Amended
The Government has announced amendments to the Coronavirus Business Interruption Loan Scheme (CBILS) after claims that banks were forcing companies to provide personal guarantees, and is adding an…
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COVID-19 – a simple summary of the help available to you
We have a great deal of experience in assisting clients in securing funding, and are currently working hard to help businesses to access the various Government schemes. Please…
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Practical considerations for clients interested in the Coronavirus Business Interruption Loan Scheme
As promised by the Government, further detail was provided on the Coronavirus Business Interruption Loan Scheme (CBILS) this week, and in what was an unprecedented timeframe, the scheme…
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Further measures introduced by the Chancellor to support people, jobs and business
In a bid to ease the strain on economy, the Chancellor has followed through on his promise ‘to do whatever it takes’ to support the economy in a…
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COVID-19 Government Financial Support
We at Magma are here to support your business In what is proving to be a constantly evolving situation with COVID-19, we at Magma are staying informed on…
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The Chancellor’s COVID-19 response
Yesterday, the Chancellor announced further support for businesses and individuals which could prove invaluable to those suffering from the economic impact of the global Coronavirus pandemic. Sunak’s…
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Do you want to be a business owner? An MBO could be the answer
If you are one of the 60% of adults in the UK who has ambitions of being a business owner, a management buy-out (MBO) could represent an attractive…