COVID-19: Guidance for Businesses and the Self-Employed
(Page updated 2nd April 2020)
We will use this page to update you with relevant information to help you an your business.
Government Information is being released in stages and has the potential to change at short notice – we will do what we can to keep you up to date.
The Main Points:
The Government has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-19.
This includes a package of measures to support all including:
- Self-Employed assistance
- a Coronavirus Job Retention Scheme
- deferring VAT and Income Tax payments
- a Statutory Sick Pay relief package for SMEs
- a 12-month business rates holiday for all retail, hospitality, leisure and nursery businesses in England
- grant funding of £25,000 for retail, hospitality and leisure businesses with property with a rateable value between £15,000 and £51,000
- small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief
- the Coronavirus Business Interruption Loan Scheme offering loans of up to £5 million for SMEs through the British Business Bank
- a new lending facility from the Bank of England to help support liquidity among larger firms, helping them bridge coronavirus disruption to their cash flows through loans
- the HMRC Time To Pay Scheme
- Companies House – 3 Month Accounts Filing Extension
- Protection from Eviction for Commercial Tenants
- Extension of Business Improvement District (BIDs) Arrangements
Frequently Asked Questions: Check the business support website for answers to frequently asked questions.
Our initial fact sheet outlining the main measures that were initially announced can still be found HERE however the links above have the most up to date information.
Support for businesses in Scotland, Wales and Northern Ireland:
Because some elements of business support are devolved, the measures you can access may differ if your business is in Scotland, Wales or Northern Ireland.
Businesses in Scotland
View the latest guidance on coronavirus for businesses in Scotland.
**NEW** – Businesses in Scotland can now apply for their business grant via this link: Scottish Business Fund Application
Scottish Government support for businesses
The Scottish Government has announced a package of measures worth £2.2 billion to support Scottish businesses.
Changes have been made to business rates in Scotland for 2020-2021 along with extra rates relief.
Businesses in Scotland can apply to the Business Support Fund for a grant to help them deal with the impact of the outbreak.
Business can use the Scottish Enterprise business support finder to find out what is available to them.
Businesses in Wales
View the latest guidance on coronavirus for businesses in Wales.
Businesses in Northern Ireland
View the latest guidance on coronavirus for businesses in Northern Ireland
There are various helpline numbers been set up to assist businesses and employers over the coming months:
HMRC Tax Helpine for COVID-19: 0800 0159 559
HMRC Self Employed Helpline: 0300 456 3565
ACAS (for employers and employees): 0300 123 1100 https://www.acas.org.uk/coronavirus
Business Gateway (for Scotland): 0300 013 4753