Lichfield & Tamworth Lichfield & Tamworth Chamber Patrons

Contact: Chris Brewerton T: 0845 6036650

Accountants launch Covid-19 advisory hub

Dains Accountants has launched an online information hub to support businesses through this unprecedented period. The Covid-19 Business Advisory Hub signposts

businesses to specialist Dains services and provides other valuable information and resources to guide them through the global Covid-19 pandemic. Firms who are worried about the uncertain

economic landscape can access the hub to see which key areas they should focus on and find out more about the financial support they could be eligible for through a series of Government schemes. The Hub provides

information about HMRC’s Time to Pay Service, the Government’s Covid-19 Business Interruption Loan Scheme and grant applications, loans and funding. Dains can work with organisations to ensure

they are well prepared for loan applications and additional funding requests. The Hub also highlights other Dains specialisms including financial forecasting, cash management and profit improvement which are all crucial for businesses to evaluate during this crisis. Dains managing partner Richard McNeilly

(pictured) said: “Our new advisory hub highlights the support packages available to businesses which Dains can help bring to fruition. We’ll make sure that everything is in place for a loan or grant application so that businesses receive the appropriate level of funding at the first time of asking.”

Financial support for local small businesses

Small businesses which have a rateable premises in Tamworth are being urged to get in touch and see if they are eligible for a share of a £12m Covid-19 support package. Tamworth Borough Council has received the

large pot of Government money to allocate to businesses in the town, but so far only around 450 of the 1100 eligible local firms have submitted the relevant information. Grants of £10,000 or £25,000 are available

to a variety of businesses which have a rateable value of less than £51,000 – this applies even to firms exempt from paying rates due to Small Business Rates Relief. Tamworth Borough Council’s Economic

Development and Revenues teams have been busy contacting hundreds of businesses which they hold up to date details for, but there are many more which need to come forward.

‘Grants of either £10,000 or £25,000 are on their way to dozens of businesses’

Businesses who think they may be eligible

are urged to fill out a form online at fund. Cllr Jeremy Oates, Tamworth Borough

Council’s cabinet member for Heritage and Growth, said: “Our teams have been busy

calling, emailing and writing to hundreds of businesses over the last week, but they’re now nearing the end of that list and only around 450 have filled in the online form which enables their eligibility and grant to be processed. “The problem is because many business

owners are working from home, it means business post is probably not being picked up, or details may be out of date, so we need to get the word out to businesses to check the criteria and if they think they’re eligible, fill out the form online. “The forms we’ve had so far are now being

processed – there are a number of eligibility and fraud checks to carry out – but we expect the first allocations of grants to be finalised soon. “This means grants of either £10,000 or

£25,000 are on their way to dozens of businesses which I’m sure will go a long way towards helping them survive this massive economic challenge. I urge businesses to find out whether they could also benefit from this fund.”

Under the Small Business Grant Fund

(SBGF), all businesses in England in receipt of Small Business Rates Relief (SBRR) and Rural Rates Relief (RRR) will be eligible for a payment of £10,000 in line with the eligibility criteria. This includes those with a rateable value between £12,000 and £15,000 which receive tapered relief.

Media firm helping families share memories

A Lichfield couple who specialise in smartphone video-making are launching a new service to help families share their special memories during the Covid-19 lockdown. Gary and Paula Young of Magic Lantern Media are encouraging people to

take advantage of the extra time at home to get organised and creative with their old photos and videos. Aside from offering free advice on organising digital files, the couple

have launched a service for anyone who would like their treasured memories turned into a video in return for a donation. Half of the money donated will be split between Cancer Research UK and St Giles Hospice. Paula said: “Lots of digital files get lost because they’re not backed up

properly and the ones that are saved are rarely sorted through and organised. The sad thing is that sometimes it takes a life-changing event like the Covid-19 to make us appreciate the good times we’ve shared with our families and friends. It’s at times like this that some people find they either don’t have very many pictures and videos or they can’t find the ones they do have. Our service will show people how to create, store and share videos as well as offer to put treasured photographs and videos together in one special keepsake video set to music.” Magic Lantern Media was set up in 2017 as a ‘memory box’ video service

for people who wanted to create family videos for a special occasion, a family tree project or a relative with dementia.


Helping preserve digital memories:

Gary and Paula Young But the idea was put on hold largely due to time restraints with other

work coming in. Instead the couple focused on creating videos and press releases for business and charity clients, as well as running courses on how to film and edit with a smartphone. Paula added: “With everyone stuck indoors right now, this seems like the

perfect opportunity to trial our memory box project, while helping two charities close to our hearts.”

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