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The Self-employment Income Support Scheme will provide grant support to self-employed individuals whose income has been negatively impacted by COVID-19. Individuals will pay Income Tax and National Insurance on any payments received through SEISS
Coronavirus Job Retention Scheme (CJRS) (updated March 3rd 2021), Furlough, Flexible Furlough, Employee Rights, 10% towards the hours do not work in July, increasing to 20% in August and September. Maximum £2,500 per month.
Coronavirus Business Interruption Loan Scheme (CBILS), access to terms loans, overdrafts, asset finance and invoice finance from accredited lenders up to £5 million. Under the scheme, lenders will not take any personal guarantees of any form for facilities below £250,000.
Bounce Back Loan Scheme, BBLS, loans from £2,000 up to 25% of your business turnover or £50,000 whichever is lower. Deadline 31st March 2021. You are eligible for BBLS if
Don’t miss out! The Government is going to introduce £20m of funding to help the recovery of smaller businesses from the COVID-10 pandemic. The grant schemes will be open from Tuesday 15th September 2020 at midday.
The government recently announced its Eat Out to Help Out scheme, aimed at helping the Hospitality Industry.
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