March 2020 - McKay Business Solutions

Financial assistance for employers unable to pay statutory redundancy payments

Post author:Chris McKay
Post published:March 24, 2020
Post category:Cashflow Employees

The Insolvency Service has just published guidance for solvent businesses that need to make staff redundant but cannot afford to make the payments. You can find the guidance here The…

Advice for struggling businesses in the Coronavirus era – short term cashflow

Post author:Chris McKay
Post published:March 23, 2020
Post category:Cashflow Coronavirus

It is always difficult advising struggling businesses on the best way forward. My starting point is usually to assess the current financial position and then to look at the short,…