Coronavirus advice for businesses
Update: 22 October
Enhanced financial support announced
- open businesses which are experiencing considerable difficulty will be given extra help to keep staff on as government significantly increases contribution to wage costs under the Job Support Scheme, and business contributions drop to 5%
- business grants are expanded to cover businesses in particularly affected sectors in high-alert level areas, helping them stay afloat and protecting jobs
- grants for the self-employed doubled to 40% of previous earnings
Update: 21 October
In addition to existing government support schemes, further financial support is available for businesses forced to close under Tier 3 lockdown restrictions.
Job Support Scheme
For businesses that are unable to legally operate due to Covid-19 restrictions, the government will pay employees 67% of their wage, up to a maximum of £2,100 per month. Employers must still contribute to pensions and National Insurance.
The furlough will be available for six months from November 1 and payments will be made in arrears after applications open on December 1.
Local Restrictions Support Grant
The Local Restrictions Support Grant (LRSG) supports businesses that are required to close for at least 3 weeks due to local lockdown restrictions imposed by government.
It is for businesses that pay business rates on their premises. Local councils may at their discretion also provide funding for businesses that don’t pay business rates.
Targeted support will be available through the Doncaster Council website » over the upcoming days
Making your workplace COVID secure
The Government has produced 14 guides covering a range of different types of work. Many businesses operate more than one type of workplace, such as an office, factory and fleet of vehicles. You may need to use more than one of these guides as you think through what you need to do to keep people safe.
Returning to work: managing wellbeing
The Be Well at Work team at Doncaster Council have produced a guide for business owners and managers to secure the wellbeing of your staff and increase productivity as you manage the return to work of home and furloughed workers.
NHS COVID App
There is a legal requirement to create and display a QR code if you are:
- A business or community organisation with a physical location that is open to the public this includes pubs, bars, restaurants and cafes, gyms, swimming pools, hotels, museums, cinemas, zoos and theme parks and close contact services such as hairdressers and beauty salons.
- Hosting an event which is taking place in a physical location.
If your business is already using its own QR system, we would encourage you to switch to the NHS Test and Trace QR code. You must also provide an alternative check-in method to collect the contact details of those who don’t have the app, for example a handwritten register.
You can find out more about the venues who are required to display the NHS QR code posters as well as keep a contact log of visitors and enforce the rule of six on the gov.uk website.
The Chancellor has announced a range of measures to support businesses as part of the Government's emergency response to the Coronavirus outbreak.
- Coronavirus Statutory Sick Pay Rebate Scheme
- Bounce Back Loan Scheme (BBLS)
- Self-Employment Income Support Scheme (SEISS)
- Self-Employment Income Support Scheme (SEISS) Grant Extension
- Coronavirus Job Retention Scheme
- Coronavirus Business Interruption Loan Scheme (CBILS)
- Coronavirus Large Business Interruption Loan Scheme (CLBILS)
- VAT deferral: New Payment Scheme
- Job Retention Bonus
- Apprenticeship funding
- Kickstart Scheme
Coronavirus Statutory Sick Pay Rebate Scheme
Employers who have paid Statutory Sick Pay (SSP) to staff taking coronavirus-related leave will be able to claim back the money.
After making an application, employers will receive the money from HMRC within six working days.
Bounce Back Loan Scheme (BBLS)
The government has extended the BBLS to 30 November 2020 for new applications.
The scheme enables smaller businesses to access finance more quickly during the coronavirus outbreak. Loans are between £2,000 and £50,000, capped at 25% of turnover. Under the new Pay as you Grow options, BBLS borrowers will be offered the choice of more time and greater flexibility for their repayments.
Self-Employment Income Support Scheme
The Self-Employment Income Support Scheme (SEISS) is limited to self-employed individuals who are currently eligible for the SEISS and are actively continuing to trade but are facing reduced demand due to COVID-19.
Applications for the first grant closed on 13 July 2020.
Applications for the second grant are now open. The second grant is worth 70% of your average monthly trading profits, capped at £6,570.
Self-Employment Income Support Scheme Grant Extension
The extension will provide two grants and will last for six months, from November 2020 to April 2021. Grants will be paid in two lump sum instalments each covering a three month period.
The first grant will cover a three-month period from the start of November until the end of January. The Government will provide a taxable grant covering 20% of average monthly trading profits, paid out in a single instalment covering 3 months’ worth of profits, and capped at £1,875 in total.
The government are providing broadly the same level of support for the self-employed as is being provided for employees through the Job Support scheme.
The second grant will cover a three-month period from the start of February until the end of April. The government will review the level of the second grant and set this in due course.
The grants are subject to Income Tax and National Insurance Contributions.
Coronavirus Job Retention Scheme
If you cannot maintain your workforce because your operations have been affected by coronavirus (COVID-19), you can furlough employees and apply for a grant to cover a portion of their usual monthly wage costs where you record them as being on furlough.
Employers can bring furloughed employees back to work for any amount of time and any work pattern, while still being able to claim the grant for the hours not worked. Only employees that employers have successfully claimed a previous grant for will be eligible for more grants under the scheme.
From 1 August 2020, employers will be asked to contribute towards the cost of your furloughed employees’ wages.
The Coronavirus Job Retention Scheme will close on 31 October 2020.
Coronavirus Business Interruption Loan Scheme (CBILS)
The scheme provides financial support to SMEs that are losing revenue and seeing their cashflow disrupted as a result of the COVID-19 outbreak.
SMEs will be able to access loans and other kinds of finance up to £5 million. The government guarantees 80% of the finance to the lender and pays interest and any fees for the first 12 months.
As of 24 September, the Chancellor of the Exchequer has announced the CBILS will be extended until 30 November 2020.
Coronavirus Large Business Interruption Loan Scheme (CLBILS)
The scheme provides finance to mid-sized and larger UK businesses with a group turnover of more than £45 million that are suffering cashflow disruption due to lost or deferred revenue during the COVID-19 outbreak.
As of 24 September, the Chancellor of the Exchequer has announced the CLBILS will be extended until 30 November 2020.
VAT deferral: New Payment Scheme
The government will give businesses which deferred VAT due in March to June 2020 the option to spread their payments over the financial year 2021-2022.
Rather than paying in full at the end of March 2021, businesses will be able to choose to make 11 equal instalments over 2021-22. All businesses which took advantage of the VAT deferral can use the New Payment Scheme. Businesses will need to opt in, but all are eligible. HMRC will put in place an opt-in process in early 2021.
Job Retention Bonus
ob Retention Bonus provides additional support to employers who keep on their furloughed employees in meaningful employment, after the government’s Coronavirus Job Retention Scheme ends on 31 October 2020.
The Job Retention Bonus is a one-off payment to employers of £1,000 for every employee who they previously claimed for under the scheme, and who remains continuously employed through to 31 January 2021.
The government will introduce a new payment of £2,000 to employers in England for each new Apprentice they hire aged under 25, and a £1,500 payment for each new Apprentice they hire aged 25 and over, from 1 August 2020 to 31 January 2021.
These payments will be in addition to the existing £1,000 payment the government already provides for new 16 to 18 year-old Apprentices, and those aged under 25 with an Education, Health and Care Plan - employers could receive up to £3,000 for hiring 16 to 18 year old Apprentices from August to January.
The Kickstart Scheme provides funding to employers to create job placements for 16 to 24 year olds who are currently on Universal Credit and are at risk of long-term unemployment.
Part of the government's Plan for Jobs, the scheme aims to create fully funded jobs across the UK, with the first placements available from November.
Any business which intends to create less than 30 placements will need to apply through an gateway organisation. Find out more about how Doncaster Chamber can apply to government on your behalf.
Last updated: 21 October, 2pm.