I am sorry for the financial uncertainty you now face as a result of coronavirus.
Please be assured that the Government has introduced a package of measures specifically designed to help.
Coronavirus Job Retention Scheme:
On Friday 20 March 2020, the Chancellor announced that the Government would pay up to 80% of wages for workers, up to £2,500 a month. This support is available to all UK businesses.
More information about how to access the scheme can be found, here: www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses and, here: www.gov.uk/government/news/chancellor-announces-workers-support-package
Coronavirus Business Interruption Loan Scheme:
For small and medium sized businesses, the Government has announced a loan scheme of up to £5 million to help with cash flow.
Eligibility and information is available, here: www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-scheme-cbils/
All VAT payments for all UK businesses have been deferred for three months, until 30 June 2020. This is an automatic offer with no applications required.
The Chancellor’s announcement can be seen, here: www.gov.uk/government/news/chancellor-announces-workers-support-package
All businesses and self-employed people in financial distress, and with outstanding tax liabilities, may be eligible to receive support with their tax affairs through HMRC’s Time To Pay service.
A dedicated HMRC helpline has been set up for businesses that might have missed a payment or are concerned they miss a future one, due to coronavirus. This can be contacted on 0800 0159 559.
Small Business Grant Scheme:
Additional funding is being made available to local authorities to supply a one-off grant of £10,000 to certain small businesses that pay little or no business rates. Essex County Council will write to each small business that is eligible for the scheme.
More details are here: www.gov.uk/government/news/chancellor-announces-additional-support-to-protect-businesses
Statutory Sick Pay (SSP):
The Government will also help employers reclaim any SSP paid to employees for sickness absence due to coronavirus.
Below is also a list of useful helplines that have been set up specifically to help you at this time.
I have been, and will continue to work hard and campaign on your behalf with the Treasury and Department for Business to advocate for support for businesses in Harlow and I hope very much that there will be further support measures announced in the future.
If you have any further questions or need help through any of the above processes, please do not hesitate to contact me via my email: email@example.com