COVID-19: Support for businesses

Created 18 days ago, updated 3 days ago

There is help and guidance available for businesses at this difficult time. This page will be kept updated with the latest information and support for businesses. You can contact us at: business@calderdale.gov.uk.

Further information can be found on the GOV.UK website: https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19

1. Financial support:

  1. Statutory sick pay (SSP)
  2. Coronavirus job retention scheme
  3. Business rates retail, leisure and hospitality discount and Small business rate relief (SBRR)
  4. Self-employed income support scheme
  5. Coronavirus business interruption loan scheme
  6. HMRC: Time to pay service
  7. Companies House
  8. Supply chain support

2. Call for support

3. Other advice and guidance

1.Financial support

1.1 Statutory Sick Pay (SSP)

  • SSP is now available to eligible individuals that are diagnosed with COVID-19 or are self-isolating in line with the latest Government advice;
  • SSP is provided to eligible individuals from day one instead of day four;
  • Eligible small and medium sized businesses will be able to reclaim SSP paid for sickness absence due to COVID-19 for up to two weeks per individual. Employers should maintain records of staff absences to reclaim. Employees do not need to provide a GP fit note;
  • Those not eligible for SSP (self-employed or below the Lower Earning Limit) can claim forUniversal Credit or Contributory Employment and Support Allowance.

1.2 Coronavirus Job Retention Scheme

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

You will need to:

  • Designate affected employees as ‘furloughed workers’, and notify your employees of this change - changing the status of employees remains subject to existing employment law and, depending on the employment contract, may be subject to negotiation;
  • Submit information to HMRC about the employees that have been furloughed and their earnings through a new online portal (HMRC will set out further details on the information required).

HMRC will reimburse 80% of furloughed workers wage costs, up to a cap of £2,500 per month. Further guidance for employers is available here.

1.3 Business rates retail, leisure and hospitality discount and Small business rate relief (SBRR)

Government has confirmed a package of measures to provide support for businesses registered for business rates to minimise the impact of COVID-19.

The Business Rates retail discount will be increased to 100% for one year and will include all businesses in the retail, leisure and hospitality sector.

There are also two grants available:

  • Small business and rural relief: grant funding of £10,000 to be made available to all hereditaments which were eligible for Small business or Rural rate relief on 11 March 2020;
  • Retail, hospitality and leisure businesses: grant funding of £25,000 to support hereditaments with a rateable value between £15,001 and £51,000 at 11 March 2020.

Please note that businesses are only eligible for either the £10,000 or £25,000 grant.

Businesses who are eligible can apply here Business support: request for support to minimise the impact of Coronavirus (COVID-19).

In order to allow a payment to be made to your business when the government funding is in place, and in accordance with the guidance issued by government in relation to the Coronavirus, all sections of the form must be completed with the relevant information.

It is anticipated that the specific guidance for local authorities on the scheme will continue to be provided and funding is also expected to be made available by government in April 2020. For guidance in relation to the grant, visit: Coronavirus (COVID-19): guidance on business support grant funding (GOV.UK).

1.4 Self-employment Income Support Scheme

The Self-employment Income Support Scheme (SEISS) will support self-employed individuals (including members of partnerships) whose income has been negatively impacted by COVID-19. The scheme will provide a grant to self-employed individuals or partnerships, worth 80% of their profits up to a cap of £2,500 per month.

HMRC will use the average profits from tax returns in 2016-17, 2017-18 and 2018-19 to calculate the size of the grant. The scheme will be open to those where the majority of their income comes from self-employment and who have profits of less than £50,000. The scheme will be open for an initial three months with people able to make their first claim by the beginning of June.

You can find more information on eligibility and how to access the scheme at:

1.5 Coronavirus Business Interruption Loan Scheme (CBILS)

Extended Coronavirus Business Interruption Loan Scheme (CBILS) 

The Government has extended the CBILS so that all viable small businesses affected by COVID-19, and not just those unable to secure regular commercial financing, will now be eligible should they need finance to keep operating during this difficult time. 

The government is also stopping lenders from requesting personal guarantees for loans under £250,000 and making operational changes to speed up lending approvals. The government will continue to cover the first twelve months of interest and fees.

Please find further details here: https://bit.ly/UpdatedCBILS

New Coronavirus Large Business Interruption Loan Scheme (CLBILS)

The new CLBILS will ensure that more firms are able to benefit from government-backed support during this difficult time. It will provide a government guarantee of 80% to enable banks to make loans of up to £25 million to firms with an annual turnover of between £45 million and £500 million. 

Loans backed by a guarantee under CLBILS will be offered at commercial rates of interest and further details of the scheme will be announced later this month.

Please find initial details here: https://bit.ly/NewCLBIL

1.6 HMRC: Time To Pay Service

Any business or self-employed people in financial distress and with outstanding tax liabilities may be eligible for support with tax. If you are concerned about being able to pay your tax due to COVID-19, call HMRC’s dedicated Coronavirus helpline on 0800 0159 559.  

1.7 Companies House

Companies House has produced guidance if coronavirus (COVID-19) has affected your company and you need more time to file your accounts. Find all the information at Coronavirus: if your company cannot file accounts with Companies House on time.

1.8 Supply chain support

The University of Huddersfield has a team of supply chain experts who can help businesses to get more out of their supplier arrangements and enhance their positions within existing supply chains. This can include a deep dive analysis of current supply chains and supplier capacity, the introduction of new supply chain models to reduce risk and enhance quality, and the sourcing of more local suppliers. Contact businessgrowth@the-LEP.com for more information.

2. Call for support

Businesses that are able to assist with the manufacturing of ventilator systems, please log your interest at https://ventilator.herokuapp.com/.

UK Government have set up the following page for businesses offering goods or services to support the COVID-19 response: Offer coronavirus (COVID-19) support from your business.

The NHS supply chain have also asked for any suppliers to lodge interest with them as they’re looking at a wide range of products to cover shortages https://www.supplychain.nhs.uk/covid19/?utm_source=SuppliersHeroBanner26032020&utm_medium=Web&utm_campaign=Coronavirus

3. Other advice and guidance

There is more advice and guidance for everyone at Calderdale Council: Coronavirus (COVID-19).