Under the Coronavirus Job Retention Scheme, all UK employers will be able to access support to continue paying part of their employees’ salary for those employees that would otherwise have been laid off during this crisis. All UK businesses are eligible. You will need...
A new temporary Coronavirus Business Interruption Loan Scheme, delivered by the British Business Bank, will launch early next week to support primarily small and medium-sized businesses to access bank lending and overdrafts. The government will provide lenders with a...
The government will provide additional Small Business Grant Scheme funding for local authorities to support small businesses that already pay little or no business rates because of small business rate relief (SBBR), rural rate relief (RRR) and tapered relief. This...
Business rates holiday for retail, hospitality and leisure businesses The Government will introduce a business rates holiday for retail, hospitality and leisure businesses in England for the 2020 to 2021 tax year. You are eligible for the business rates holiday if:...
The Government have announced that they will defer VAT payments for 3 months and self employed income tax payments due in July 2020. These are automatic offers and no application will be required. For VAT, the deferral will apply from 20 March 2020 until 30 June 2020...
As the fallout from the Coronavirus pandemic continues, many businesses say they are teetering on the brink as revenues plunge following stay at home advice. Thankfully, emergency funding of £330 billion will be put aside from the Government’s financial support...
