Government advice and cash grants
The range of business support measures which have been made available to UK businesses and employees are detailed on the government's Business Support website (ttps://www.gov.uk/coronavirus/business-support) and you can also use the Business Support Finder via this link https://www.gov.uk/business-coronavirus-support-finder. The UK Government’s COVID-19 recovery strategy has now been published along with guidance to help employers, employees and the self-employed understand how to work safely during the coronavirus pandemic. You can read the recovery strategy on this webpage https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/884171/FINAL_6.6637_CO_HMG_C19_Recovery_FINAL_110520_v2_WEB__1_.pdf and find guidance via this link https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19.
Updated guidance from the government
The government has released revised guidance and extensions to existing job retention schemes, statutory sick pay and self-employment income support. You can read the updates, watch the videos and listen to the webinars on this webpage https://www.gov.uk/guidance/help-and-support-if-your-business-is-affected-by-coronavirus-covid-19?utm_source=de2b29a3-f8e2-4153-a5d8-f5b3139390bf&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate.
New grants for businesses affected by lockdown
Businesses in England that are required to shut because of local interventions will now be able to claim up to £1,500 per property every three weeks. More information is available on the government website which you can click through to here https://www.gov.uk/government/news/ministers-announce-new-grants-for-businesses-affected-by-local-lockdowns
Support for businesses from outside government
The Department for Business, Energy & Industrial Strategy has updated the list of organisations that have produced additional resources that may be useful to employers and employees. The list now details the support offered by the National Federation of Self Employed & Small Businesses (FSB).
- Guidance: https://www.gov.uk/guidance/coronavirus-support-for-business-from-outside-government
- FSB: https://www.fsb.org.uk/campaign/covid19.html
The Job Retention Scheme
The Coronavirus Job Retention Scheme will now continue until the end of October. Furloughed workers will continue to receive 80% of their current salary, and up to £2,500, and new flexibility will be introduced from August to get employees back to work and boost economy. Read more about the furlough scheme on this webpage https://www.gov.uk/guidance/check-which-employees-you-can-put-on-furlough-to-use-the-coronavirus-job-retention-scheme.
The government has launched a new calculator to help employers with their next claims. Employers can use the calculator to work out how much they have to pay their furloughed and flexibly furloughed employees, how much they can claim for employer National Insurance contributions and pension contributions and how much they can claim back. You can access the new job retention calculator via this link https://www.gov.uk/guidance/calculate-how-much-you-can-claim-using-the-coronavirus-job-retention-scheme.
Employers can now also download a template if you're claiming for 100 or more employees through the Coronavirus Job Retention Scheme (for claims on or after 1 July 2020). You can download the new template on this webpage https://www.gov.uk/government/publications/download-a-template-if-youre-claiming-for-100-or-more-employees-through-the-coronavirus-job-retention-scheme.
The Government has launched the Kickstart Scheme to create new 6-month job placements for young people who are currently on Universal Credit.
Funding is available for businesses to cover 100% of the relevant National Minimum Wage for 25 hours a week, plus associated employer National Insurance contributions and employer minimum automatic enrolment contributions for Kickstart placements. There is also £1,500 per job placement available for setup costs, support and training.
Businesses able to create 30 or more job placements can apply for the funding directly on the Government website https://www.gov.uk/guidance/check-if-you-can-apply-for-a-grant-through-the-kickstart-scheme.
Smaller businesses interested in creating fully-funded job placements need to apply through an intermediary. The process for SMEs seeking to apply in the West of England is currently being confirmed. Please email us on firstname.lastname@example.org to register your interest in creating a Kickstart placement and we will provide further detail as soon as it is available.
The Retail, Hospitality and Leisure Grant Scheme
This fund provides businesses in the retail, hospitality and leisure sectors with a cash grant of up to £25,000 per property. You can find out more on our bespoke webpage https://wearegrowth.co.uk/covid-19/the-retail-hospitality-and-leisure-grant-scheme/.
The Small Business Grant Fund
The government will also provide a one-off grant of £10,000 to around 700,000 small businesses currently eligible for SBRR or Rural Rate Relief to help meet ongoing business costs. Learn more on our webpage https://wearegrowth.co.uk/covid-19/the-small-business-grant-fund/.
Self-employment Income Support Scheme
The Self-employment Income Support Scheme supports self-employed individuals (including members of partnerships) whose income has been negatively impacted by COVID-19.
If you’re eligible for the second and final grant, and your business has been adversely affected on or after 14 July 2020, you can make a claim on or before 19 October 2020. Read the guidance on this webpage https://www.gov.uk/guidance/decide-if-your-business-has-been-adversely-affected-for-the-self-employment-income-support-scheme. You can claim for the second grant even if you did not make a claim for the first grant. Claim a grant via this link https://www.gov.uk/guidance/claim-a-grant-through-the-self-employment-income-support-scheme. If you have different circumstances it can affect your eligibility. If you're self-employed or member of a partnership, find out how your circumstances can affect your eligibility for the scheme on this webpage https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Flnks.gd%2Fl%2FeyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDUsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMDA4MTguMjU3OTg0MDEiLCJ1cmwiOiJodHRwczovL3d3dy5nb3YudWsvZ3VpZGFuY2UvaG93LWRpZmZlcmVudC1jaXJjdW1zdGFuY2VzLWFmZmVjdC10aGUtc2VsZi1lbXBsb3ltZW50LWluY29tZS1zdXBwb3J0LXNjaGVtZT91dG1fc291cmNlPTkxNTRkN2NkLWJmMjgtNDFlNS04NWEwLTU5NDhlMzY2ODhkNyZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1nb3Z1ay1ub3RpZmljYXRpb25zJnV0bV9jb250ZW50PWltbWVkaWF0ZSJ9.oZDAxzs4jxRZ_TI82X_9tRIZnIXed0eC7BNcKUzAwsY%2Fs%2F1147765466%2Fbr%2F82481336323-l&data=02%7C01%7Cgrowth.hubs%40beis.gov.uk%7C4b6b463442ff499dbd0f08d84384eb53%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C637333585448794771&sdata=iy2%2BgFmGAmxPPsGhgUwQdrzi0Ooc6vkNLRZ4aCVka1k%3D&reserved=0. Please visit https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Flnks.gd%2Fl%2FeyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDYsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMDA4MTguMjU3OTg0MDEiLCJ1cmwiOiJodHRwczovL3d3dy5nb3YudWsvZ3VpZGFuY2UvaG93LWhtcmMtd29ya3Mtb3V0LXRvdGFsLWluY29tZS1hbmQtdHJhZGluZy1wcm9maXRzLWZvci10aGUtc2VsZi1lbXBsb3ltZW50LWluY29tZS1zdXBwb3J0LXNjaGVtZT91dG1fc291cmNlPTVhZjA3NWU2LWI1NTYtNDA4YS1hNjE0LThkNjc4ZTk3YzViNiZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1nb3Z1ay1ub3RpZmljYXRpb25zJnV0bV9jb250ZW50PWltbWVkaWF0ZSJ9.-AKYnraajETpypt1hAyJA74XIK8ExGyIIRRJ7pKdFXc%2Fs%2F1147765466%2Fbr%2F82481336323-l&data=02%7C01%7Cgrowth.hubs%40beis.gov.uk%7C4b6b463442ff499dbd0f08d84384eb53%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C637333585448804722&sdata=vkoEiPGMSIi5yWWmE3s9nYutFdZKt%2FSA2h7QTDmz9%2FQ%3D&reserved=0 to understand how HMRC works out trading and non-trading income for the Self Employment Income Support Scheme.
The government has recently introduced incentive payments for hiring a new apprentice. This support is available for any organisation of any size, no matter the size or sector. You need to hire an apprentice who:
- is new to your organisation
- starts their contract of employment and their apprenticeship with you between 1 August 2020 and 31 January 2021
Get up to £2,000 for each new apprentice. Find out more on the government webpage https://engage.apprenticeships.gov.uk/Incentives_2.html.
For apprentices aged:
- 16 to 24, employers will receive £2,000
- 25 and over, employers will receive £1,500
You can spend the payment on anything to support your organisation’s costs, from facilities and travel to uniforms and salaries. This is in addition to the £1,000 payment the government has already given to help employers meet the needs of some groups of apprentices in the workplace.