UK Government responds to ICAS Members' coronavirus concerns
The Secretary of State for Scotland has written to ICAS in response to concerns and queries raised on behalf of our Members in relation to COVID-19 business support.
Last month, ICAS Chief Executive J Bruce Cartwright CA submitted a letter to UK Government MP and Secretary of State for Scotland, Alister Jack, to outline concerns and queries from ICAS Members about COVID-19 support and its impact on the economy.
On 14 May, the Secretary of State wrote in reply, welcoming the feedback and assuring that the comments from ICAS would be fed to the appropriate Government departments.
Various issues were addressed in the letter, including the Coronavirus Job Retention Scheme, the Self-Employed Income Support Scheme and the Future Fund.
The reply also noted and responded to feedback ICAS received from Members and businesses in relation to lending, and concerns over immediate cash flow. The Secretary of State also noted shared sentiments regarding the importance of the charitable sector.
ICAS is working with both the UK and Scottish Governments to interpret guidance into practical advice for our members. Keep an eye on our Coronavirus Hub for updates, advice and practical information.
ICAS members are encouraged to continue submitting their feedback, concerns and queries to Bruce by contacting us on email@example.com.