This is general information that tells business what to expect, and how funding will be set aside for it. it does NOT cover the HOW or WHEN for each package will become available.
SSP government refund for 14 days employee self-isolation,
delaying your HMRC payments through cases-by-case “Time to Pay” arrangements
business rates “holiday” for those that pay rates in the retail, hospitality and leisure businesses sectors in England for the 2020 to 2021 tax year.
support for small businesses that already pay little or no business rates because of small business rate relief (SBBR). This will provide a one-off grant of £10,000 to businesses currently eligible for SBRR or rural rate relief, to help meet their ongoing business costs. Note: If your business is eligible for SBRR or rural rate relief, you will be contacted by your local authority – you do not need to apply.
The new Coronavirus Business Interruption Loan Scheme, delivered by the British Business Bank via your normal lending route. Interest paid by Governement for the first 6 months. The Government will guarantee the 1st 80% of approved loans. Should become available w/c 23rd March
Business owners looking for outline details of forthing government support.