Updated 19.05.20: More businesses across England have been allowed to reopen in the last week after the easing of lockdown restrictions.
Following the announcement that the Coronavirus Job Retention Scheme is to be extended, additional guidance has been published to help more businesses reopen safely.
Workplaces which are permitted to reopen must continue to adhere to social distancing and hygiene standards. More information and guidance on these has been published today on the government’s website.
Meanwhile, new support schemes have been announced and others are set to open for applications, including the joint-investment Future Fund for startup businesses.
For a full and regularly updated list of the support that’s been announced for businesses affected by coronavirus, click here.
Contact us for support and advice
Duncan & Toplis is here to help you choose the right path for your business. We can support your communication with HM Revenue & Customs to claim the funding available to support your employees and to prepare the information required to make loan applications.
If you would like any assistance in applying for support for your employees, a financial grant or any other government support package, please contact our team.
Loans, grants and funding
Changes to VAT, tax and other costs
For businesses to support employees
Changes to statutory compliance duties
Other temporary coronavirus support measures
Please note, the information herein is correct as of Wednesday 20 May 2020 but may be subject to change and some elements of business support are devolved and therefore support may differ in Scotland, Northern Ireland and Wales.
For the latest guidance and professional advice, please contact us or speak to your dedicated Duncan & Toplis adviser.
As the main point of contact for general healthcare the role of GPs is more important than ever during the coronavirus pandemic.
One of the first packages of support to be announced for businesses affected by COVID-19 was the Coronavirus Business Interruption Loan Scheme (CBILS).
The Coronavirus Job Retention Scheme (CJRS) is probably one of the most important and successful steps that the Government has taken to support businesses and their employees in this very challenging environment.
On the 26 March the Government announced a support package for the self-employed, including members of partnerships in the UK that have lost income due to coronavirus.
Updated 12.05.20: With coronavirus affecting thousands of people across the country, and with many more needing to take a leave of absence for precautionary self-isolation, as a business owner, you will have concerns around how coronavirus will impact your employees and your operations.
After criticism of the Coronavirus Business Interruption Loan Scheme (CBILS), which has only supported 8,638 businesses to date, the government announced the Bounce Back Loan Scheme (BBLS).
A survey by the Association of Practising Accountants (APA), with the support of East Midlands-based Duncan & Toplis, has shown that more than half of firms in the region have seen turnover reduce by more than 50%. Meanwhile, 44% have seen turnover reduce by more than 70%.
Ever since the first case of coronavirus in the UK, schools have faced a great deal of uncertainty. When the decision was finally taken to close schools to all but vulnerable children, and those of key workers, questions immediately turned to funding.
Coronavirus could not have come at a more unfortunate time for businesses which depend on tourism.
While working away from the crowds in the countryside may feel like a safer environment that’s less exposed to the threat of coronavirus than most, agricultural businesses face some unique challenges during this crisis.