Mobile 07985 178398 T: 01455 612000
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With the ongoing government announcements regarding support measures for businesses during the COVID-19 pandemic, we are able to provide help and assistance to those wondering what may be available to them.
GOVERNMENT SUPPORT FOR BUSINESSES updates
FAQS
This includes a package of measures to support businesses including:
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a Coronavirus Job Retention Scheme
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deferring VAT and Self-Assessment payments
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a Self-employment Income Support Scheme
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a Statutory Sick Pay relief package for small and medium sized businesses (SMEs)
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a 12-month business rates holiday for all retail, hospitality, leisure and nursery businesses in England
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small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief
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grant funding of £25,000 for retail, hospitality and leisure businesses with property with a rateable value between £15,000 and £51,000
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the Coronavirus Business Interruption Loan Scheme offering loans of up to £5 million for SMEs through the British Business Bank
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a new lending facility from the Bank of England to help support liquidity among larger firms, helping them bridge coronavirus disruption to their cash flows through loans
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the HMRC Time To Pay Scheme
Accountant | Peter Brealey Chartered Accountants | Leicestershire T: 01455 612000
Brealey Foster & Co
2-4 The Horsefair, Hinckley LE10 0AN
brealeyfoster@gmail
ICAEW training employer number L006552298
