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For the latest updates and guidelines from the Government visit their website.

We have compiled, and will continue to update, a list of useful links for you and your business:

Guidance for employees, employers and businesses

Guidance to assist employers, businesses and their staff in addressing COVID-19 here

Government support for businesses

On 17 March 2020 the Chief Secretary to the Treasury announced that the Government was delaying the roll-out of the new private sector IR35 regime until 1 April 2021, affecting self-employed and freelance workers.

On 18 March 2020 additional financial measures, including £3.5 billion in additional funding, were announced by the Government to support businesses.

Read more here.

HMRC Tax helpline to support businesses

HMRC has a set up a helpline to support businesses and self-employed people concerned about not being able to pay their tax due to COVID-19.

Up to 2,000 experienced call handlers are available to support businesses and individuals when needed.

If you run a business or are self-employed and are concerned about paying your tax due to coronavirus, you can call the following helpline on 0800 0159 559

Coronavirus Business Interruption Loan Scheme (CBILS)

The Loan Scheme, delivered by the British Business Bank, will enable businesses to apply for a loan of up to £5 million, with the Government covering up to 80% of any losses with no fees.

Businesses can access the first 6 months of that finance interest free, as Government will cover 6 months of interest payments.

Businesses need to approach participating banks and lenders to apply.

For more information about this scheme visit the British Business Bank website.

Coronavirus Job Retention Scheme (CJRS)

Under the Coronavirus Job Retention Scheme, all UK employers with a PAYE scheme will be able to access support to continue paying part of their employees’ salary for those that would otherwise have been laid off during this crisis.

Click here for more information

Self-employment Income Support Scheme

The Self-employment Income Support Scheme (SEISS) will support self-employed individuals (including members of partnerships) who have lost income due to coronavirus (COVID-19).

Click here for more information

Updates on tax & other reliefs

Self-assessment payments deferral

Vat deferral

Statutory sick pay

Company accounts – three month filing extension 

Other resources for businesses

Public Health England – for advice on health/protection including home isolation.

ACAS – for more detailed advice on employer responsibilities and best practice.

British Chambers of Commerce – for advice for businesses and Government lobbying.

Local Enterprise Partnership: Growth Hubs – for business advice and support in your area.

Federation for Small Businesses (FSB) – advice for small businesses.

GOV.UK – for the latest foreign travel advice.

 

Health & wellbeing

NHS advice: for coronavirus information.

If you are feeling under pressure from the financial and emotional burden brought on by the coronavirus situation, support networks are available including Mind and the Samaritans.

 

Last updated: 27/03/2020


We will be supporting our clients through these challenging times with all their business needs. 

Please contact your local Haines Watts office for individual support and advice.

Contact your local Haines Watts team for help and support.

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