COVID-19 – This is a summary of the measures to support businesses, announced by the Government to date:
Statutory sick pay relief package for all SMEs
12-month business rates holiday for all retail, hospitality and leisure businesses in England.
Small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief
Grant funding of £25,000 for retail, hospitality and leisure businesses with property with a rateable value between £15,000 and £51,000
Coronavirus Business interruption Loan Scheme to support long-term viable businesses, needing to respond to cash-flow pressures by seeking additional finance
HMRC Time to Pay Scheme
Some of the detail on the above provisions is yet to be clarified, as events are unfolding quicker than the Government can respond.
The Government are however, updating the following pages on a daily basis, and so please click here for the most up to date position on the all of the above measures: