HMRC reimbursement of furloughed workers' wage costs.
Provides the lender with an 80% government-backed guarantee on a range of financial products that are interest-free for the first 12 months, delivered through around 50 banks and other lenders.
For 18-30-year-olds running a business.
For businesses that have reached or are about to reach insolvency may be able to gain protection. (click here) to review a useful article written by Andrew Livesey, Taylors Solicitors.
Businesses will be able to borrow between £2,000 and £50,000. The loans will be interest-free for 12 months and no repayments will be due in the first 12 months. The Bounce Back Loan scheme opens on 4 May 2020 and businesses will be able to apply online by completing a short form.
For payments due between 20 March 2020 and 30 June 2020
Claim for wages through the Coronavirus Job Retention Scheme.
Loans, tax relief and cash grants.
Check if you can reclaim your employee's coronavirus related statutory sick pay.
Check if your retail, hospitality or leisure business is eligible for business rates relief due to coronavirus.
Check if your nursery is eligible for business rates relief due to coronavirus (COVID-19)
Check if you're eligible for the coronavirus Small Business Grant Fund
Businesses will be given an additional 3 months to file accounts with Companies House.
Find out about the Export Working Capital Scheme, its benefits, eligibility and how to apply.
If an employer cannot afford to pay their employee's redundancy pay, they can apply to the Redundancy Payments Service. Any employer who is not subject to formal insolvency proceedings can apply.
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