Members News Covid19

COVID-19: measures for UK businesses

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Edinburgh Connections 26, March 2020

EC’s Partner Gillespie Inverarity & Co Limited has created a dedicated to Covid-10 page where they publish regular and useful updates and information on the package of temporary, targeted measures to support businesses through this period of disruption caused by COVID-19. These include:

  • Job retention scheme
  • VAT deferral
  • Income tax deferral for self-employed
  • extended access to Statutory Sick Pay
  • Business Rate Relief for small businesses and pubs
  • grant funding of £10,000 for small firms in receipt of Small Business Rate Relief (SBRR) and Rural Rates Relief
  • a temporary Coronavirus Business Interruption Loan Scheme to support businesses in accessing bank lending and overdrafts
  • expanded access to HMRC’s Time to Pay scheme.

The latest government guidance can be found by accessing GOV.UK coronavirus webpage.

Prepared by Gillespie Inverarity & Co Limited