CLOUD ACCOUNTING.
Learn how to manage your money, be smart with your choices and take control of your finances instead of them controlling you.
CLOUD APP STACK
Learn how to manage your money, be smart with your choices and take control of your finances instead of them controlling you.
Outgrown Xero? We’ve got you covered! We’ve partnered with Iplicit which is designed for companies who have outgrown Xero.
YOUR CLOUD CHAMPIONS
Suda looks after our dedicated team of cloud specialists in-house who are just waiting for you to pick their brains.
Suda joined Raffingers in August 1999 and became a Partner in 2008.
Prior to working with Raffingers, Suda trained with a large firm in the City of London. Suda manages a busy portfolio of clients, including owner managed businesses and UK subsidiaries providing audit, accountancy and business advisory services.
Suda has a hands-on approach to all his business start-ups, guiding them through their tricky growth phases. He also helps in not just giving accounting and taxation advice, which is essential, but also provides advice on setting up systems and sourcing finance, if required.
Claire started at Raffingers as a Cloud Manager in April 2019. She graduated from university with a first degree in Accountancy and Finance and now helps Recruitment business owners implement technology into their businesses in order to help them stay on top of their numbers and streamline their processes.
Danielle is our Cloud Manager, and is currently studying AAT Level 4. Danielle started her career at a larger practice and was there for 5 years where her role involved everything from VAT Returns, Tax Returns, Y/E Accounts to Service Charge Accounts. Danielle now specialises in helping to transform property businesses through the power of Xero, and will help ensure that your property business is up to date with third-party apps designed for property businesses.
OLD HABITS DIE HARD
However times are changing and businesses need to change with them.
In the last few years, there have been rapid advances in cloud services, artificial intelligence, data management, IT services, and more that can make an impact on your business. There are now so many business solutions available that it can be overwhelming and difficult to decide on the ‘right’ solution for your needs. You want to make choices that let you focus on your core business, not on the technology that helps operate it. Through taking a new approach to financial management, you can spend more time on doing what you do best.
Our Cloud Accounting Service also ensures you are fully compliant with Making Tax Digital (MTD). MTD is an HMRC initiative that will mean you will need to keep digital financial records and submit these to HMRC. MTD is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their affairs.
INTRODUCING XERO
Helping you to automate everyday business tasks, get up-to-date financials and run your business - from wherever you are.
Using Xero as your core accounting system gives you more flexibility over your accounts, a deeper understanding of your data and a huge opportunity to automate your finances. The world of finance is changing, and the beauty of this software is the flexibility it gives you to run your business from work, home, or on the go. You can be confident that you have an up-to-date picture of how your business is doing, no matter where you are. By using an industry-leading Cloud Accounting system you get instant access to the information you really need, putting you in complete control of your numbers and your business.
WHY CHOOSE US?
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TRAINING
We deliver an Eight Week Enablement Programme to all of our new clients. This means our specialist cloud team will be with you every step of the way during the set-up process, helping you to get started with your cloud service, providing full training and ensuring you are using it as efficiently as possible.
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EXPERTISE
Before we even send you a quote we will establish your core requirements to ensure the service that you receive will benefit your business. Going forward you will then be allocated a dedicated account manager who will work with you, helping you to run your business effortlessly. Not only that, our cloud team are always up-to-date with the latest add-ons that can support you, such as Futrli, Receipt Bank, Chaser, iZettle and Vend, helping you to streamline your business through automation and, most importantly, save time.
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VALUE
Cloud Accounting makes being compliant a whole lot easier whilst maximising your efficiency, which means you get more for your money, including:
- Real time management figures
- Forecasts
- KPI tracking
- Automated business processes
OUR CORE SERVICES.
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Cloud Healthcheck.
We will carry out a review of the current cloud system you have in place, in order to determine if the data is kept tidy and if there is any room for improvement with regards to efficiencies and cost savings.
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System Design & Implementation.
You will receive a custom design and implementation of a brand new system that helps streamline all areas of your business.
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App Training.
Whether you have digital solutions or apps you currently use but don't quite have the hang of, or we recommend you something new, we can provide you with full training so that you feel confident with the software you are using.
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Systems Review.
We will conduct a full systems review of your current operational processes, financial data system, and business organisational structure, and provide recommendations on improvements and changes.
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App Implementation.
Implementing suggested or recommended apps in-line with your current system.
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1-1 Consultations.
We can provide you with 1-1 consultations to discuss a systems review, answer any questions, or simply provide advice and support on your internal operations. This can be one-off or on-going.
5 BENEFITS OF CLOUD ACCOUNTING
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Get a clear overview of your financial position, whenever you need it.
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Get paid faster with mobile invoicing and automatic reminders.
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Multi-user access makes it easy to collaborate with your team online.
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Save time on paperwork with automatic bank transaction imports.
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Combine payroll with your accounting software.
6 STEPS TO SUCCESS
1. Understand Your Data
Who is your best sales-person?
How is your cash flow performing?
Is your revenue pattern sustainable?
Monitor your key figures through access to up-to-date reports, giving you advanced real-time insights. Also, access instant forecasts and create ‘what if’ scenarios, allowing you to test business strategies and steer your business in the right direction.
2. Value For Money
We endeavour to inform you of the most common tax deductible expenses, ensuring that you are not paying more than you have to. With Cloud Accounting giving current and reliable information, we can complete your year-end accounts and VAT returns more cost effectively than ever before.
3. Architect Your Cash Flow
Reconciling your bank account on a regular basis is critical for ensuring your year-end accounts are correct. Therefore, we will ensure your account is reconciled on a monthly basis. This will also allow you to see your current cash position at any one time, enabling you to maintain and develop a stable and profitable business.
4. Your Time Back
Having all your accounting, bookkeeping and payroll needs taken care of in the cloud means you get a clear overview of your financial position, which you can access whenever you need to. With automatic updates too, you can finally spend more time doing what you love, winning new business and meeting your customers rather than getting caught up in 'the boring bit’.
5. Get Unlimited Support
Our service includes unlimited support and access to our Cloud Accounting team, who are available to answer any questions regarding the software or your finances. They will also advise on any add-ons that you can connect to your cloud package that might enhance your business efficiency.
6. Take Back Control
Say goodbye to manual data entry and confusing spreadsheets. We will post and reconcile all of your bank transactions (incl. cash and credit card transaction), purchase invoices and expenses on a weekly basis, allowing you to see real time financial information of your business whenever you need it.
CLOUD HELPSHEETS
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Making Tax Digital
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Best In Class: Cloud TechnologyThe solutions we offer in this document are those that are the most common and which we have tried and tested for our clients.
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Best In Class: Technology For CharitiesOne of the key themes within charities is how to best utilise digital in order to become more productive, efficient and increase the number of donations.
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Best In Class: Technology For RecruitmentThe solutions we offer in this document are those that are the most common and which we have tried and tested for our recruitment clients.
WHAT THEY SAID:
We talk the talk and walk the walk.
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The reports that we receive monthly provide us with the essential real-time data that we need to stay on-top of our business finances. Outside of an exceptional service, the team are great to work with and a great asset to my business
Conan Mulvey, Director of Radley Green -
My online business generates income from many online revenue streams worldwide in different currencies for both physical and digital sales therefore it’s a complex set-up. 5 years ago I searched for an accountant that could help simplify and automate the process as well as assist with VATMOSS and ultimately save my admin time. Raffingers are proficient in Xero and with a mix of Xero (cloud accountancy platform) and personal expert assistance my accounts are completely streamlined.
George Pallecaros, Managing Director of Soccor Tutor
THE RAFFINGERS HUB
We love to talk business and will continue to share with you our business advice and tax planning strategies, helping you to get the most out of your business and your personal finances.
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E-commerce Accounting: The Best Basic Practices
As you start an online business and look for ways to improve and streamline your company, you’ll find that accounting and bookkeeping are essential. Discover in this article all you need to know about bookkeeping and accounting.
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3 Ways You Can Streamline Your Business's Accounting Processes
Effective accounting processes are crucial for business success, but they can be time-consuming. Streamline your business's accounting processes with automation, regular reviews, and expert guidance. Save time, improve efficiency, and focus on growth
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How Will Digital Innovation Shape The Future Of Audit?
Nothing stays the same in life. This is the same for business. Medium and smaller audit firms are still behind on some of the innovative technologies used by the accountancy firms. Discover how digital innovation will shape the future of audit.
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Streamline Your eCommerce Business
If you’re looking to start up or expand your current eCommerce business, the sector offers great opportunities but the competition can be ferocious. Discover how to streamline your business and get ahead of the competition.
Faces of Fintech
In this video series, we are interviewing the taste-makers and innovators behind the UK's most ground-breaking digital solutions. Watch now to hear more about their journeys and learn more about their missions to help businesses around the world to achieve their goals.
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Meet Joe Gallard - CEO of ReducerTuesday 15 February 2022In this episode, Emma meets Joe Gallard, co-founder of the Xero prize-winning fintech app, Reducer. Joe is a qualified accountant, having trained at Delliotes and his background is finance and accountancy based.
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Meet Andrew Jordan - Founder of Connect4Monday 28 February 2022In this episode, Emma meets Andrew Jordan, CEO & co-founder of the client meeting platform, Connect4. It is uniquely designed to help client-centric teams deliver smarter client meetings as first-class client meetings lead to happy clients.
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Meet Paul Surtees - Founder at CapitaliseMonday 14 March 2022In this episode, Emma meets Paul Surtees, Co-founder and CEO at the funding platform, Capitalise. As an investor and mentor to SMEs, Paul recognized the challenges advisors had in sourcing finance for their clients and founded Capitalise.
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Meet James Ashford - Founder at GoProposalTuesday 29 March 2022In this episode, Emma meets James Ashford, founder of GoProposal and best selling author of the book “Selling to serve. Join her as she learns how James came about the idea for GoProposal and what inspired him to create this ground breaking software.
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Meet Manoj Varsani - CEO at HammockMonday 11 April 2022In this episode, Emma meets Manoj Varsani, CEO at Hammock. Join Emma as she learns about Manoj's journey, how he came about the idea for Hammock, his biggest successes as well as his toughest challenge so far!
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Meet Hannah Dawson - Founder at FutrliSunday 24 April 2022In this episode, Emma meets Hannah Dawson, CEO & founder of Futrli, the double award-winning forecasting app used by over 50,000 businesses and accountants worldwide!
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Meet Tom Wallace - CEO & Founder at Re-LeasedMonday 9 May 2022In this episode, Emma meets Tom Wallace, CEO & founder of Re-Leased, the platform helping owners and property managers across the world run their property business in the cloud.
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Meet Ralph Rogge - CEO & Founder at CrezcoSunday 22 May 2022In this episode, Emma meets Ralph Rogge, CEO and Co-Founder of Crezco, the free payment processing platform helping businesses to earn more.
Bringing Your Property Business to the 21st Century
Bringing your property to the 21st Century - the series where we dig deeper into futureproofing your business, mitigating risks and the power of maintaining an online presence.
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The Power of the Integrated CloudMonday 7 March 2022Around 1982 is when electronic spreadsheets became a thing, so it's only normal to trust a process that has been around for 40+ years. Fast forward to now, Cloud software is becoming more popular and is the need and must to streamline your business.
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Futureproofing your Business with Live DataMonday 14 March 2022In this episode, Emma is joined by Grace Thomson, Director of Partnerships at Re-Leased. They explain why you should be using a cloud integrated property software, the importance of how secure the system is and what improvements you will see.
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Collaborating with your Trusted Advisor...Monday 21 March 2022Did you know that 50-60% of small businesses fail within the first 5 years? And that 70-90% fail within 10? Research has shown that the core reasons businesses fail include the following: Business is complex, lack of cash and access to funding...
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Mitigating Risk in Property Portfolios w/ DataMonday 28 March 2022What are the everyday risks property business owners face? Not having the correct system in place to provide you with up-to-date, real time data. Emma Cohen will show you how you can mitigate risk in your property portfolio by leveraging data!
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Developing and Maintaining an Online PresenceMonday 4 April 2022Dive in with Raffingers Partner Ashlee Bloom and Digital Marketing Executive Tim Dickinson as they explain why developing and maintaining an online presence through Social Media, website and online user experience is vital for a property business!
Top Tax Tips
Our new video series, featuring a variation of advisors here at Raffingers, shares the top tips that will help you save on tax and free up cash.
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Top Tax Tips: Working From HomeMonday 8 November 2021In this episode, Raffingers Partner, Barry Soraff, helps you to understand the tax relief you are able to claim as either an employer or employee, if you are working from home.
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Top Tax Tips: Tax InsuranceMonday 15 November 2021In this episode, Raffingers Partner, Adam Moody, explains how you can get peace of mind and mitigate the stress and disruption of an HMRC investigation, not to mention the costs.
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Top Tax Tips: Research and DevelopmentMonday 22 November 2021In this episode, Raffingers Partner, Neill Staff, explains that many companies are conducting qualifying R&D activities for R&D tax relief purposes on a daily basis without even realising it - and helps you find out if your business is eligible.
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Top Tax Tips: Company Cars and MileageMonday 29 November 2021In this episode, Raffingers Partner, Mehul Thaker, talks through the many different grants available when buying small cars, large cars or vans - through the business.
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Top Tax Tips: Dividends vs SalaryMonday 6 December 2021In this episode, Raffingers Partner, Barry Soraff, talks through the two main ways in which directors can pay themselves, and shares the major differences between salaries and dividends including their individual tax implications.
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Top Tax Tips: Super Deduction AllowanceMonday 13 December 2021In this episode, Raffingers Partner, Yedidya Zaiden, talks through the government’s new capital allowance ‘super-deduction’ hopes to boost business investment and productivity, but good planning & record-keeping are key if you want to take advantage.
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Top Tax Tips: VCT & EISMonday 20 December 2021In this episode, Raffingers Wealth Management's Financial Planner, Andrew Ross, talks through two venture capital schemes; Enterprise Investment Scheme (EIS) & the Venture Capital Trust (VCT). Discover how to take make the most of these incentives.
Digital Solutions: The Tech That Drives Your Business
In this mini-series, we showcase the very best software for your business needs that make your dreaded tasks easy and stress-free!
The software featured will show you how to streamline business processes, stay on top of your finances and better manage your cash flow.
Our team of digital solutions advisors can come up with a bespoke solution for you to ensure that your business runs the way it should.
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Re-leased Xero IntegrationMonday 18 October 2021Integrating Re-Leased with Xero accounting software is a breeze. Their seamless integration with Xero lets you reconcile your rental receipts and expenses instantly.
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Chaser BenefitsMonday 18 October 2021Your invoices paid on time, in less time, sounds good right? Watch this Chaser demo to find out how to make accounting easier and less time consuming for your business!
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The Key Features Of XeroMonday 18 October 2021In video with Xero, Danielle and Becca demonstrate some of software's main features and how you can use Xero to make your business more efficient.
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Getting Rid Of Paper With Dext PrepareTuesday 19 October 2021Many businesses have converted over to cloud accounting. In this video, Dext Prepare show you how quick and easy their software is! Say goodbye to paper, printing and scanning and save you and your business time with Dext Prepare.
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Real Time Updates With Unleashed Integrated With XeroFriday 22 October 2021Unleashed with Xero is a powerful business tool for those that want an accurate inventory management system to control stock movements in real-time. Unleashed allows you to you can focus on more important things like sales.
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Xero Setup and Invoice Example With CrezcoTuesday 15 March 2022Crezco’s payment solution is integrated with Xero. It’s a promising alternative to the likes of Stripe, GoCardless and PayPal. Users continue to send invoices from their Xero account as normal, with no need to adapt and learn any new software.
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How To Create a Repeating a Payment With CrezcoTuesday 15 March 2022Discover how to create a repeating payment with Crezco that links with your Xero account which is great for subscription type businesses. Crezco offers to make payments cheaper and faster, but no less convenient.
Securing Your Financial Future: Raffingers Wealth Management
Our Secure Your Financial Future – Wealth Management series will provide you with proven methods that will help them achieve the following:
Make sure that your family, loved ones and business interests are taken care of - no matter what life throws your way.
Ensure you are utilising the best wealth management methods, such as equity release or investments.
Ensure your wealth lasts as long as they need it to.
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Securing Your Financial Future: TrailerTuesday 3 November 2020Introducing Raffingers Wealth Management
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Ensure your family is protected, and your business covered.Friday 6 November 2020Securing Your Financial Future: Episode 1
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How to invest for your future.Friday 13 November 2020Securing Your Financial Future: Episode 2
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What does life after work look like for you?Friday 20 November 2020Securing Your Financial Future: Episode 3
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Ensure your family benefit from your hard-earned wealth, not HMRC.Friday 27 November 2020Securing Your Financial Future: Episode 4
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Estate planning options.Friday 4 December 2020Securing Your Financial Future: Episode 5
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Trusts.Friday 11 December 2020Securing Your Financial Future: Episode 6
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Equity Release.Friday 18 December 2020Securing Your Financial Future: Episode 7
Cash Is King: Beyond Covid-19
We want you to rest easy knowing you are equipped and prepared for any financial scenario that comes your way in the future. That's why we have released our Cash Is King: Beyond Covid-19 series, featuring 7 episodes with incredible guest speakers, all aimed at helping you inject cashflow back into your business.
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How to reduce debtors and improve cashflowWednesday 28 October 2020Are you struggling with cashflow? Are your customers reluctant to part with their money? Are you forever chasing late paying customers? If you answered YES watch this episode now.
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Cashflow ForecastingWednesday 28 October 2020Do you want to understand your financials, manage cashflow and make the right decisions to GROW your business? If the answer is YES watch episode 2 now.
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Raising finance to keep up with day to day running costsWednesday 28 October 2020Do you want to grow your business, gain access to over 100 lenders and inject some much needed cashflow into our business? If the answer is YES watch this episode to keep up with day to day running costs today.
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Generating and Converting LeadsWednesday 28 October 2020Do you want to attract better leads to your business? Do you want to learn about proven methods that will help you to actually convert those leads? If you answered YES, watch this episode on how to generate leads and then convert them now.
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The Power of OneWednesday 28 October 2020Do you know which of your 7 key financial drivers most influence your cashflow? How would increasing your pricing by 1% make your cashflow even better? In this episode find out how you can inject cash by making MINOR changes to your key drivers.
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Be prepared for any financial scenario with Profit FirstWednesday 28 October 2020Do you have a clear and effective system for managing your cashflow? Are you confidently prepared to pay the appropriate amount of taxes? Do you feel in control of your business? If you answered NO watch this episode now.
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Automate your finances with Cloud TechnologyWednesday 28 October 2020In Episode 7 - Cloud Technology, Lee Manning shows us how cloud technology helps us to manage our money, be smart with our financial choices and take control of our business, instead of it controlling you.
Covid-19 Updates
Can we all do a re-take of 2020? Enough dreaming and let’s be realistic! If you are one of the businesses who took advantage of government offers, don't forget these will have to be repaid over the course of 2021. Please contact us if you need help with any Covid-19 related problems.
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Coronavirus Update: 29/04/20Wednesday 29 April 2020Latest update on the new Bounce Back Loan Scheme, PLUS going through any changes to the existing Coronavirus measures, and going through some pre-existing benefits that may help you inject some cashflow back into your personal lives.
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Coronavirus Update: 06/05/20Wednesday 6 May 2020Check out this webinar, where Lee Manning - Partner at Raffingers gave an update on the BBLS, SEISS, Discretionary Claim along with so much more useful information...
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Coronavirus Update: 02/07/20Thursday 2 July 2020From 1st July, only employees that employers have already successfully claimed a previous government grant will be eligible for additional grants under the revised scheme.
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Coronavirus Update: 30/09/20Wednesday 30 September 2020The Government has unveiled its winter economy plans, which include the new income grant schemes, more business loan funds, and a 6 month 'Job Support Scheme' in a bid to help rebuild the economy.
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Coronavirus Update: 20/11/20Friday 20 November 2020Raffingers Partner Lee Manning gives his latest update regarding the government support surrounding Coronavirus. He discusses JRS extension, Local Grants along with much more...
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