• What non-essential expenses could you cut out?
• Rather than paying in lump sumps, what payments could you spread out?

• Are any of your larger customers open to more favourable payment terms?
• Have you spoken to your bank about funding?

• Have you sent invoice chasing emails to debtors?
• For customers likely to get into difficulty, have you
  suggested they pay in instalments?
• Are any of your larger customers open to more
  favourable payment terms?
• Have you spoken to your bank about funding?

• Have you reviewed the measures you may be
  eligible for?
• Coronavirus Business Interruption Loan Scheme
• Statutory Sick Pay Rebate
• Business Rates Holidays
• Coronavirus Job Retention Scheme

• Have you reviewed upcoming tax bills, so that you
  and your accountant are ahead if the crisis
  worsens?
• If you can’t pay your tax bill on time, have you
  looked at HMRC’s updated ‘Time to Pay’ scheme?

• Are you making use of cloud accounting software?
• Have made sure your figures are up to date, to get
  an accurate view of your current position?
• Are you leaning on your accountant for support with these tools?

• Have you spoken to your accountant about
  cashflow and business continuity advice?
• Are you leaning on your accountant for support
  with accounting tools and technology?

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Call: 0191 580 0402

Email: enquiries@gtaccountants.com