Government Releases COVID 19 Support Information

We’ve summerised this advice below:

Click here for the lastest government advice on support for businesses during Coronavirus Pandemic.

* Grants of up to £10,000 for those who pay little or no business rates will be available as a one off
 • A statutory sick pay relief package for SMEs
 • A 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
 • The Coronavirus Business Interruption Loan Scheme offering loans of up to £5 million for SMEs through the British Business Bank
 • 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
 • The HMRC Time To Pay Scheme