Bounce Back Loan Scheme

Open for applications for 4th May 2020
100% Guaranteed by the Government
All local banks should be approved lenders
Interest free for 12 months
Loans period up to 6 years
Repayment free for 12 months also
Up to £50,000 available, to a maximum of 25% of your business annual turnover
Business must not be an ‘undertaking in difficulty’ prior to COVID-19
Low interest rates after 12 months- 2.5%

Click this link to view our video and feel free to contact us for any support in making your application

National Minimum And Living Wage Rates To Increase

AGL Chartered Accountants would like to remind our clients and local businesses that the National Minimum Wage and National Living Wage are set to increase from 1st April 2018.

Following the increase, the new rates include:

• National Living Wage (25 years old and over) – £7.83 per hour

• National Minimum Wage adult rate (21 to 24 years old) – £7.38 per hour

• National Minimum Wage (18 to 20 years old) – £5.90 per hour

• National Minimum Wage (16 to 17 years old) – £4.20 per hour

If you require any assistance updating your wage rates for the 2018/19 tax year, AGL Chartered Accountants will be happy to assist you.