It's time for our live webinar with small business minister @scullyp discussing the government's #coronavirus business support. We'll share some quotes here.
"We've worked through some of the issues with the Coronavirus Business Interruption Loan Scheme," says @scullyp #CBILS
“Lives are our priority but livelihoods are up there too,” @scullyp #coronavirus
On what directors can do when furloughing, small business minister @scullyp says statutory duties like accounting, filing tax returns etc can take place but anything that generates revenue can’t #coronavirus
Can directors part-time furlough? “No, you can’t at the moment”, says @scullyp but he adds that he will take the suggestion back to the Treasury #coronavirus
. @scullyp says he is speaking to @SB_Commissioner for examples of #COVID19 late payment bad practices. “We need to call it out.”

#latepayment
. @scullyp says the government has pushed #CBILS banks to use automated credit scoring to speed up application approvals #coronavirus
. @scullyp said when he ran his own business he structured his business with a low salary and dividends.

He said he is looking for a fully fledged solution he can give to the Treasury on how directors can prove their income to benefit from the #COVID19 self-employed grants
There are things highlighted in this time of crisis which will lead to an interesting debate after #COVID19 such as remote working and what we can learn for the future, says @scullyp
“We need a vibrant economy and we need to bounce back from this,” @scullyp #coronavirus
Big thanks to small business minister @scullyp and the many people who tuned in and asked questions. We will try and get answers to the questions we didn’t get to.

The webinar recording will be in our #coronavirus support hub later today http://enterprisenation.com/coronavirus-support
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