We are pleased to share with you that the latest version of the haysmacintyre and Hempsons Care Charity Benchmarking Report is now available to download here.

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This article was last updated on 21 April at 09:45.

The Government has announced (20 April) the launch of a Future Fund (FF) of £250 million, which will provide loans ranging from £125,000 to £5 million, subject to at least an equal match in funding from private investors (on whom there is no investment cap). The scheme will be delivered in partnership with the British Business Bank and is ‘advertised’ as providing support to innovative/high growth companies.

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In a time of falling stock values, executors need to be aware that they may be able to claim inheritance tax repayments. If for example an estate contained a share portfolio valued at £500,000 which has now fallen in value by 30%, a repayment of £60,000 might be due. The rules for the relief are strict, so these need to be understood to make sure relief can be claimed.

This article was created on 15 April and last reviewed on 21 May.

This article was last updated on 15 April at 09:45.
In the past few weeks the term ‘furlough’ has gone from being a minor American business term to being understood by most of the general public, with many firms taking steps to put workers rendered inactive by the lockdown under the Government’s Coronavirus Job Retention Scheme. Under the scheme, businesses will be able to access funds to pay up to 80% of a person’s salary up to £2,500 per month for the three months to 31 May 2020. Further details here.

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