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Published: 14th April 2020
Updated: 3rd March 2021
The government has introduced a number of measures to support businesses impacted by COVID-19 that require temporary financial relief including the furlough scheme and emergency loans.
Initiatives available include:
To help UK businesses retain their staff on the payroll when business has been forced to stop.
A reprieve from paying business rates for those in the retail, leisure, and hospitality sector regardless of their rateable value.
UK-based companies with fewer than 250 employees will now be able to reclaim SSP which has been paid to employees for up to two weeks.
Non-repayable cash grants will be made available to help those in the retail, leisure, and hospitality industry hardest hit by the Covid-19 pandemic. 700,000, pubs, clubs, bars, hotels, restaurants, gyms, and hair salons will being given up to £18,000 each, while non-essential retailers will receive £6,000 per premise.
If you would like further information on the above, please speak to your usual Begbies Traynor contact, or fill in the form below to request a call back
Call our Confidential Advice Line. Calls to this number are free of charge.
Call us now...We invite you to come and discuss your enquiry with us at your convenience.
Request a meeting...Call our Confidential Advice Line. Calls to this number are free of charge.
Call us now...We invite you to come and discuss your enquiry with us at your convenience.
Request a meeting...Call our Confidential Advice Line. Calls to this number are free of charge.
Call us now...We invite you to come and discuss your enquiry with us at your convenience.
Request a meeting...