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Covid-19 – Support for UK Businesses – Important Update

2020-03-25T11:43:31+00:00March 20th, 2020|Categories: Blog, COVID-19|Tags: , , , , |

Since our blog post yesterday covering some of the key changes made by Government likely to affect UK businesses (you can access the blog post here) there have been several additional measures announced. Please see below for details. If a business is concerned about being able to pay their tax as a result of the Coronavirus crisis they can call HMRC on 0800 015 9559. Though please be aware that HMRC are experiencing heavy demand at the moment, so it may take some time to get through. Should you like to read the Chancellor’s full speech you can do [...]

Covid-19 – Support for UK Businesses

2020-03-25T11:43:47+00:00March 19th, 2020|Categories: Blog, COVID-19|Tags: , , , , , , |

The Chancellor has set out a package of 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 businesses including: Statutory Sick Pay relief package for 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 A Business Interruption Loan Scheme [...]