Government portal listing the full range of support measures available for UK businesses with information on how to access financial support packages, who is eligible, when the schemes open and how to apply. These cover the Coronavirus Business Interruption Loan Scheme; business rates holiday and cash grants for retail, hospitality and leisure; small business grant funding; SSP rebate; VAT and income tax deferral. There is additional separate guidance for businesses in Scotland, Wales and Northern Ireland.
Help for business in light of coronavirus
Discover vital support available for businesses affected by coronavirus.
Business support from the UK government
Summary of the package of measures to support businesses announced by the UK Government including statutory sick pay relief package for SMEs and small business grant funding.
30 March 2020: Rosalia Wood, Regional Industrial Strategy Manager appeals for ICAEW members’ help in providing regional anecdotes for our work with local business policymakers.
Last updated: 28 March 2020. Here’s a quick summary of practical help announced by the government.
Why it’s imperative for businesses to have robust plans in place to deal with the outbreak and mitigate disaster.
This is a first-time exclusive opportunity to hear from the new interim Small Business Commissioner Phillip King and the Office of the Small Business Commissioner.
If you cannot pay because of Coronavirus call the HMRC Coronavirus helpline on 0800 015 9559 (lines are open Monday to Friday, 8:00 to 20:00 and on Saturday, 8:00 to 16:00).
Details of a new helpline launched in Scotland to provide advice and guidance to businesses. The service also aims to help the Scottish Government identify challenges facing organisations during the coronavirus outbreak.
Details about a new HMRC helpline launched to offer advice and support to any business or self-employed individuals concerned about paying their tax due to coronavirus.
Announcements of new measures
Official updated guidance on the types of businesses and premises that must remain closed during the COVID-19 pandemic, alongside detailed information about the exceptions. The guidance also gives advice on repair and maintenance work carried out in people's homes by tradespeople.
Information on loans and finance supported by the Coronavirus Business Interruption Loan Scheme, including details of how to apply, a quick eligibility checklist for SMEs and a list of the 40+ accredited lenders. There is a dedicated page for smaller businesses and business advisors.
Update from the Welsh Government on the package of measures announced to support small businesses in Wales.
Announcement by the Scottish Government of a package of measures to support businesses, including a full year's 100% non-domestic rates relief for retail, hospitality and tourism companies and grants for small businesses.
Joint HM Treasury and Bank of England Covid Corporate Financing Facility (CCFF) - Market Notice 18 March 2020
Announcement of the Covid Corporate Financing Facility launched by HM Treasury and the Bank of England to provide funding to businesses by purchasing commercial paper of up to one-year maturity, issued by firms making a material contribution to the UK economy during the coronavirus pandemic. The information covers eligible issuers, eligible securities, prices, submission of offers, and applications to participate.
Information on measures announced by the Chancellor to support firms. These include a major new scheme launched by the Bank of England to help businesses bridge Coronavirus disruption to their cash flows through loans, increasing the amount businesses can borrow through the Coronavirus Business Interruption Loan Scheme, and £20 billion of business rates support and grant funding to help the most-affected firms.
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