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How do I account for the Business Bounce Back Loan i receied?

  • Posted on: 28 July 2020
  • By: ali

The Bounce Back Loan Scheme has been a success in providing firms with vital government-backed loans at a low, affordable rate and with no interest or repayments due in the first year. Many business owners have applied and received loans of up to £50,000 to help them through the pandemic

One of the most common questions I am asked is ‘how do I account for the Business Bounce Back Loan I received? Here is what you need to know, but please get in touch as it is vitally important to get it right.