Coronavirus (COVID-19) guidance for employees, employers and businesses: Update
If you are an employer or a business owner we encourage you to read
and follow the guidance for employers and businesses. This
guidance will assist employers and businesses in providing advice
to staff on: the novel coronavirus (COVID-19) how to help prevent
spread of all respiratory infections including COVID-19 what
to do if someone with suspected or confirmed to...Request free trial
If you are an employer or a business owner we encourage you to read and follow the guidance for employers and businesses. This guidance will assist employers and businesses in providing advice to staff on:
If you would like to receive updates on the government’s response to COVID-19 you can sign up for email alerts. Business support announced in the BudgetIn today’s Budget (11 March 2020) the Chancellor announced a package of measures to provide support for public services, individuals and businesses to ensure the impact of COVID-19 is minimised. A new Coronavirus Business Interruption Loan Scheme, delivered by the British Business Bank, will enable businesses with a turnover of no more than £41 million to apply for a loan of up to £1.2 million, with the government covering up to 80% of any losses with no fees. This will unlock up to £1 billion pounds to protect and support small businesses. For businesses with fewer than 250 employees, the cost of providing 14 days of statutory sick pay per employee will be refunded by the government in full. This will provide 2 million businesses with up to £2 billion to cover the costs of large-scale sick leave. A dedicated helpline has been set up to help businesses and self-employed individuals in financial distress and with outstanding tax liabilities receive support with their tax affairs. Through this, businesses may be able to agree a bespoke Time to Pay arrangement. If you are concerned about being able to pay your tax due to COVID-19, call HMRC’s dedicated helpline on 0800 0159 559. There will be a £3,000 cash grant to 700,000 of our smallest businesses, delivered by Local Authorities, and worth a total of £2 billion. Finally, the government is temporarily increasing the business rates retail discount in England to 100% for 2020-21 for properties below £51,000 rateable value. Nearly half of all business properties will not pay a penny of business rates. In addition, the decisions announced by the Bank of England on 11 March 2020 mean that banks are in a better position to provide additional credit to smaller businesses. Business Secretary Alok Sharma said:
Call for businesses to help make NHS ventilatorsThe government is looking for businesses who can support in the supply of ventilators and ventilator components across the UK as part of our response to COVID-19. If you think your business can help, please register your details on the site below. Additional resources
If you have a query that isn’t covered by this guidance you can contact the Business Support Helpline. |