UK Government support measures

The UK government has announced a series of measures to provide support for businesses affected by Coronavirus.

There may be some variations to the below measures announced among devolved nations. Further information on support for businesses in the devolved nations can be found:

 

Please read this information in conjunction with the official guidance from the UK government. These will be amended as and when we receive updated information. The material is provided only as a guide and is not legal advice. You are strongly advised to seek advice from a qualified legal practitioner regarding your individual circumstances.

 

Business Rates

 

Business rates holiday for retail, hospitality and leisure businesses

Lending Schemes

 

Bounce Back Loan Scheme (BBLS)

Coronavirus Business Interruption Loan Scheme (CBILS)

Coronavirus Large Business Interruption Loan Scheme (CLBILS)

Future Fund

Covid-19 Corporate Financing Facility (CCFF)

Business Grants

 

Local Restrictions Support Grant (Closed)

Local Restrictions Support Grants (Open)

Additional Restrictions Grant

Job Support

 

Coronavirus Job Retention Scheme (CJRS)

Self-employment

 

Self-employment Income Support Scheme Extension

Sick Pay

 

Statutory Sick Pay

Tax

 

Time to Pay

VAT Deferral New Payment Scheme

Temporary VAT reduced rate for hospitality and tourism extended

Relaxation of rules and regulations

 

Corporate Insolvency and Governance Act

Temporary ban on eviction for commercial tenants

Apprenticeships, Traineeships and Kickstart

 

Kickstart Scheme

Payments for employers who hire new apprentices