Coronavirus Bounce Back Loan

Small businesses will be able to apply for a 100% government Bounce Back Loan from Monday, 4 May. Businesses will be able to borrow between £2,000 and £50,000 and access the cash within days. The government guarantees 100% of the loan and no fees or interest to pay for the first 12 months.  The interest…

HMRC Time To Pay

All businesses and self-employed people in financial distress, and with outstanding tax liabilities, may be eligible to receive support with their tax affairs through HMRC’s Time To Pay service. These arrangements are agreed on a case-by-case basis and are tailored to individual circumstances and liabilities.   ELIGIBILITY You are eligible if your business: pays tax…

Business Insurance (COVID-19)

Most commercial insurance policies are unlikely to cover pandemics or unspecified notifiable diseases, such as Covid-19. Businesses which have an insurance policy that covers government ordered closure and pandemics or government ordered closure and unspecified notifiable disease should be able to make a claim (subject to terms and conditions of their policy). Notifiable diseases: On…

Coronavirus Job Retention Scheme (COVID-19)

You can claim for wages online through the Coronavirus Job Retention Scheme. If you cannot maintain your current workforce because your operations have been severely affected by coronavirus (COVID-19), you can furlough employees and apply for a grant that covers 80% of their usual monthly wage costs, up to £2,500 a month, plus the associated Employer…

Statutory Sick Pay (COVID 19)

Sick Pay paid to employees due to coronavirus (COVID-19) If you’re an employer, find out if you can use the Coronavirus Statutory Sick Pay Rebate Scheme to claim back employees’ coronavirus-related Statutory Sick Pay (SSP). https://www.gov.uk/guidance/claim-back-statutory-sick-pay-paid-to-employees-due-to-coronavirus-covid-19#history To claim : https://www.gov.uk/guidance/claim-back-statutory-sick-pay-paid-to-your-employees-due-to-coronavirus-covid-19 BACK TO RESOURCES