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Grant Thornton appoints new regional and pensions leads

Grant Thornton appoints new regional and pensions leads

Baker Tilly partners with HubSync to automate tax workflows

Baker Tilly partners with HubSync to automate tax workflows

Financial services workers consider resignations over office mandates

Financial services workers consider resignations over office mandates

Topic Hub

Bounce Back Loans

Bounce Back Loans (BBLs) were introduced by the UK government to support SMEs during the Covid-19 pandemic, offering fast, government-backed funding. They became a critical topic for accountants and advisory firms advising clients on finance, compliance, and repayment strategies.

Accountancy Today provides coverage on Bounce Back Loans by reporting on government guidance, changes to repayment schemes, loan defaults, and fraud investigations. Articles often explore how accountancy professionals are assisting businesses in managing their BBL obligations.

Bounce Back Loans

Bounce Back Loans (BBLs) were introduced by the UK government to support SMEs during the Covid-19 pandemic, offering fast, government-backed funding. They became a critical topic for accountants and advisory firms advising clients on finance, compliance, and repayment strategies.

Accountancy Today provides coverage on Bounce Back Loans by reporting on government guidance, changes to repayment schemes, loan defaults, and fraud investigations. Articles often explore how accountancy professionals are assisting businesses in managing their BBL obligations.

UHY Hacker Young appoints new associate director

UHY Hacker Young has announced that Barrie Kenyon has joined the practice as an associate director.

Insolvency Service given new powers to tackle ‘unfit’ directors 

The Insolvency Service will be given new powers to investigate directors of companies that…

BBLS defaults could cost treasury £27.9bn

Defaults on the Bounce Back Loans Scheme (BBLS) will reportedly cost the treasury up to £28bn.

ONS predicts 40% BBL & CBIL default rate

The Office for National Statistics (ONS) has predicted that there will be a default rate of…

Why Government loans haven’t been a vaccine for SMEs and how accountants can help find an alternative

The Government-backed Covid-19 business loans are hitting the headlines again. The…

Firms given extra six months to repay Bounce Back Loans

Businesses that took out government-backed Bounce Back Loans to get through Covid-19 will…

Parliamentary Committee criticises Bounce Back Loan Scheme 

Parliament’s Public Accounts Committee has published a “withering” report into the Bounce…

Will Covid and Brexit result in a drastic increase in claims against accountants?

“Unprecedented times” is the phrase which is widely used to describe 2020 owing to the…

11 cases of coronavirus fraud reported to Action Fraud

Investigations into suspected fraud targeting the Government’s coronavirus emergency loan…

Taxpayers face losses of £26m due to BBLS fraud

Taxpayers are facing losses of up to £26m on coronavirus Bounce Back Loans (BBL) as a result…
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