The COVID-19 pandemic caused serious disruption for public services, people and businesses. During this period of uncertainty, the Government delivered a range of measures to help provide support for those who needed it.
Now that the successful rollout of the vaccination programme has put us on the road back to some level of normality, the Government schemes are drawing to a close, with the deadline for claiming the fifth and final SEISS grant on 30 September 2021 and the Job Retention Scheme also ending on this date, with final submissions needed by 14 October 2021 at the latest.
The information included below is just a recap of all the support measures announced for reference purposes, but if you would like to discuss opportunities that may be available for you now, please don’t hesitate to get in touch with us.
The Government has provided an “unprecedented” support package to help businesses through this difficult time. For more information relating to the various different types of grant available, please click below:
The Financial Conduct Authority (FCA) has won its court case to get insurers to pay out for business interruption due to the first lockdown in the spring of 2020.
The Government has confirmed that the Coronavirus Job Retention Scheme (CJRS) will continue in a more generous form until 31 March 2021 for all parts of the UK.
As we enter a second period of lockdown, information in this article may have changed. Please make sure you are reading our up-to-date guidance.
As we enter a second period of lockdown, information in this article may have changed. Please make sure you are reading our up-to-date guidance.
On 24 September, the Chancellor of the Exchequer, Rishi Sunak, unveiled a number of measures to help support businesses and the economy throughout the uncertain winter months ahead.
Here you can access further information on what is available to you as part of the Government's "unprecedented" support package for businesses.
The VAT payment deferral means that all UK VAT-registered businesses have the option to defer VAT payments due between 20 March and 30 June 2020.
The Chancellor has announced a further £1.25 billion business package to support innovative new companies that are not eligible for coronavirus rescue schemes already available.
A £100 million programme of loans and investment is being put together to help get emergency funding to social enterprises, charities and small businesses in disadvantaged parts of the UK.
The Government plans to introduce emergency changes to overhaul insolvency laws and give “breathing space” to companies hit by the coronavirus crisis to help prevent mass failures.
The Government has confirmed that the Coronavirus Job Retention Scheme (CJRS) will continue in a more generous form until 31 March 2021 for all parts of the UK.
HMRC has now confirmed what actions you should take if you realise that you have made an incorrect submission resulting in an overclaim of the CJRS grant.
The Government has announced further information about the Coronavirus Job Retention Scheme extension, allowing for more flexibility in the coming months.
Under the Coronavirus Job Retention Scheme (CJRS), all UK employers with a PAYE scheme will be able to access support to pay part of their employees' salaries.
If you are struggling to pay your PAYE and NI liabilities as a result of the disruption caused by COVID-19, then there is an option to defer payment - however, this is only available on application.
HMRC has delayed the filing deadline for 2019-20 Self Assessment Tax Returns until 28 February 2021.
As an additional level of support, the Government has extended the SEISS from November 2020 until April 2021 for the self employed severely affected by the impact of COVID-19.
Further to the Government's announcement that this scheme would be extended, the second grant claim closes on 19 October 2020.
HMRC has advised what you should do if you realise that you have made an incorrect submission resulting in an overclaim of the SEISS grant.
The Chancellor has announced that the Self-Employed Income Support Scheme (SEISS) will be extended.
Those eligible for the SEISS can receive a taxable grant of up to 80% of their average monthly profits from the previous three years, with a cap of £2,500.
If you have an Income Tax payment that is due in July 2020, all taxpayers can choose to defer this until January 2021.
Measures have been announced as part of the Government's "unprecedented" support package.
Whilst not being eligible for Statutory Sick Pay (SSP), as a self employed individual you are able to claim Universal Credit, as long as you meet the eligibility criteria.
The Government has implemented a mortgage payment holiday for up to 3 months for those struggling financially during this coronavirus crisis.
The Government has announced measures to protect renters and landlords from the disruption and uncertainty caused by coronavirus.
Jerroms is a trading style of both Jerroms Business Solutions Limited 08923059 and Jerroms GCN Limited 08433008.
Registered office for each of these companies is: Lumaneri House, Blythe Gate, Blythe Valley Park, Solihull, B90 8AH