Chris Kelly (Ramsey)

Chris was appointed a partner in 2002. He is head of the firm's Corporate Finance department, where his forward thinking approach is much valued by clients. He specialises in providing advice to owner managed businesses on improving profitability, business growth and exit planning. Chris lives in Cambridge and advises his Greater Cambridge and Peterborough based clients from the Ramsey office. He enjoys spending his weekends with his family, and has a wide variety of interests from science to music, art and literature. Chris is a keen cyclist and a weekly row on the River Cam also helps keep him fit.
 
My Latest Blogs
 
Chris Kelly
12th June 2020 Rebound and Recover Business Training Programme

Whiting & Partners are delighted to have launched a series of short presentations, to support business owners through the next few months, as they seek to grow their business.   Some businesses need to relaunch, some are dealing with major changes to their operations or supply chain and some may be managing a huge demand…

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Chris Kelly
9th June 2020 Coronavirus Job Retention Scheme Changes

Urgent reminder that tomorrow (10th June) is the last day you can begin an employee on furlough for the first time, for the 3 weeks minimum on this first scheme. This is very important because if they are ever likely to want to furlough any employee from 1st July to 31st October on the ‘new’…

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Chris Kelly
6th May 2020 Bounce Bank Loan not available from your bank?

Business Bounce Back Loans are currently only being provided by the 9 main banks.   In addition, most of these banks are currently only making these loans available to their existing customers.   However, HSBC are accepting online applications from non-customers on their website.   For a the up to date list of lenders visit…

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Chris Kelly
4th May 2020 Coronavirus Bounce Bank Loan Scheme Now Open for Applications

Key features of the BBLS:   The scheme is a 100% government backed initiative for small businesses.   You can apply* for a loan between £2,000 and £50,000 (up to a maximum of 25% annual turnover), for 6 years.   No repayments required for the first 12 months, and you won’t pay any charges should…

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Chris Kelly
4th May 2020 Self-employed invited to get ready to make their claims for Coronavirus support

The claims service will open ahead of schedule on 13 May with money in bank accounts by 25 May.   HMRC have announced that from today (4 May) businesses can either go online to check their eligibility or wait to be contacted by HMRC.   https://www.gov.uk/government/news/self-employed-invited-to-get-ready-to-make-their-claims-for-coronavirus-covid-19-support   Scams   HMRC will contact eligible customers to…

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Chris Kelly
29th April 2020 Coronavirus Business Interruption Loan Scheme (CBILS) update

Further changes to the Coronavirus Business Interruption Loan Scheme (CBILS) have been announced in order to speed up the provision of finance to small and medium-sized businesses under CBILS.   A joint statement from the seven largest SME lenders (Barclays Bank UK, Danske Bank, HSBC, Lloyds Bank, NatWest, Santander and Virgin Money) and UK Finance…

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Chris Kelly
28th April 2020 Coronavirus Bounce Back Loans

The Chancellor has announced that small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders.   The Bounce Back Loan scheme will help small and medium-sized businesses to borrow between £2,000 and £50,000.   The government will guarantee 100% of the loan and there won’t be…

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Chris Kelly
6th April 2020 Update: Coronavirus Job Retention Scheme

Following a meeting with HM Revenue & Customs (HMRC) the Institute of Chartered Accountants in England and Wales (ICAEW) have issued some notes on how they believe the Coronavirus Job Retention Scheme will work.   The notes below provide an update to our original piece published earlier in the week which is copied below for…

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Chris Kelly
27th March 2020 COVID-19: Organising your Business Finances

  Whilst the Government have announced a business finance support package, it is unlikely to be accessible for several days (the loans via the banks) or weeks (the grants via HMRC/Local Authorities). Not all businesses will meet the criteria for them anyway.  There is more to come from the Government, but in the meantime business…

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Chris Kelly
25th March 2020 Job retention scheme furlough guidance – latest information

Many questions have been raised about how the scheme will operate. Based on the information published so far, here is ICAEW’s understanding of how the policy will work. https://www.icaew.com/insights/viewpoints-on-the-news/2020/mar-2020/coronavirus-job-retention-scheme-furlough-guidance

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