COVID-19 Quick Links for Your Business
As “freedom day” has arrived, the economy still continues to struggle with the impact of the pandemic and cases continue to rise, creating an uncertain time for businesses. Here are some links for finding the right guidance for you and your business
Available support from the government for your business can be found here
You can additionally find what financial support is available here, including deferred VAT payments
The Coronavirus Job Retention Scheme has been extended to the 30 September 2021. The following information is directly from the government website
- From 1 July 2021, the government will pay 70% of wages up to a maximum cap of £2,187.50 for the hours the employee is on furlough.
- From 1 August 2021, the government will pay 60% of wages up to a maximum cap of £1,875 for the hours the employee is on furlough.
- For claims from 1 July 2021, employers must top up their employees’ wages to make sure they receive 80% of their wages (up to £2,500) for the hours they are on furlough. The caps are proportional to the hours not worked.
To find out if your business is eligible for the government Recovery Loan Scheme, click here
Coronavirus support from Business Representative Organisations and Trade Associations can be found here
Advice on business support from outside the government can be found here