These are testing times not just for people in general but business owners as well. We've set out what is available to businesses during this pandemic and we will continue to support your businesses and you in any way we can. The support from the government is set out below:
- Corona Virus job retention scheme
- Deferment of VAT and Income Tax payments
- Statutory Sick pay relief for SMEs
- 12 month Business Rate Holiday for all retail, hospitality and leisure businesses with property with a rateable value of between £15k - £51k
- Small Business Grant of £10k for every business that is in receipt of Small Business Rate Relief or Rural Rate Relief
- Grant funding of £25k for retail, hospitality and leisure business with property with a rateable value between £15k - £51k
- Corona Virus Business Interruption Loan Scheme offering loans up to £5m
- Bank of England lending facility for larger firms
- HMRC Time to pay scheme to be extended