ICAEW.com works better with JavaScript enabled.
Coronavirus

UK practical business advice: COVID-19

Last updated: 22 December 2021, following announcements of new business grants and the reintroduction of the Statutory Sick Pay Rebate scheme.

We have provided a quick summary of UK government support and guidance from ICAEW to help you secure the advice and assistance you need.

You can read the latest advice and guidance from government for businesses on its coronavirus pages.

We will be updating this page to keep you, your business and your clients informed with all the latest information. For tax specific advice you may also want to visit the tax section of ICAEW's coronavirus hub. 

All businesses

ICAEW guidance

Recovery Loan Scheme replacement for COVID-19 debt schemes
Business loans and other types of finance will be available under the UK government’s Recovery Loan Scheme, after the COVID-19 debt schemes close at the end of March 2021. The scheme is open from 6 April to 31 December 2021. At Autumn Budget 2021, the Chancellor announced that the Recovery Loan Scheme would be extended until 30 June 2022.

COVID-19 challenges for business: Bounce Back Loan Scheme (BBLS) repayments
The aim of this helpsheet is to assist small businesses who have taken out BBLS loans and now face the prospect of starting repayments. It provides some questions for small business owners to consider and pointers to further sources of help.

Repaying business rates relief claimed due to COVID-19
HM Treasury confirms that repayments of business rates relief claimed in light of the potential impact of the coronavirus pandemic are tax deductible. 

COVID-19: Support on negotiating time to pay
Useful tips on how to negotiate with HMRC from the Tax Faculty, as they seek seeks further clarification on the support for businesses having difficulty paying tax bills due to COVID-19.

Government guidance

Latest news articles

Employers

ICAEW guidance

Overview of CJRS
General information on the Coronavirus Job Retention Scheme, which ended on 30 September 2021.

How the CJRS changed from 1 November 2020
Essential information on the support scheme covering changes from November 2020. This guidance also provides links to useful resources, such as an example claim form, and further support from ICAEW and HMRC. The scheme ended on 30 September 2021.

Government guidance

Latest news articles

Helpsheets

Engagement letters helpsheet: Part 2 J-C Furlough grant claim services
Sample wording for claiming the coronavirus job retention scheme grant on behalf of clients, for practitioners and businesses. This is a supplementary schedule to the main engagement letter helpsheet.

External resources

Acas Furlough letter template
Selection of templates (including new versions covering flexible furlough) for an agreement to temporarily send home an employee because there's no work ('furlough'). Free to download and use.

Employment legal advice
Legal advice for employers during coronavirus provided by Edwin Coe LLP.

Self-employed

ICAEW guidance

Self-Employment Income Support Scheme (SEISS)
This guidance covers how to apply for the Self-employment Income Support Scheme (SEISS), including information on eligibility, how to apply, and time periods covered. Claims for the fifth SEISS grant have now closed. The last date for making a claim was 30 September 2021.

Government guidance

Latest news articles

Specific business sectors

Government guidance

Illustrated COVID-19 particles
Find a chartered accountant

ICAEW Chartered Accountants can provide reliable and professional guidance to help achieve business success.

Illustrated COVID-19 particles
Government FAQs

Read government’s Frequently asked questions that will be regularly updated according to the latest advice and guidance.

Illustrated COVID-19 particles
Government COVID-19 website

You can read the latest advice and guidance from government for businesses on its coronavirus pages.