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Factsheet - support for those affected by COVID-19

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By Alice Telfer, Head of Business Policy and Public Sector

13 April 2020

HM Treasury has published a factsheet with further guidance on how to access the government support packages if you or your business has been affected by COVID-19.

The factsheet sets out further information on how you or your business can access support if you are experiencing financial difficulties because of COVID-19. It includes information for individuals and for businesses.

This includes the following measures announced by the Chancellor:

  • additional funding,
  • Statutory Sick Pay changes, and
  • an increase in the Business Rates retail discount for one year (England).

Guidance for individuals and self-employed includes:

  • Sick pay
  • Financial support from the local authority Hardship Fund (England)
  • Financial difficulties meeting your mortgage repayments or paying back personal loans or credit card bills because of COVID-19.

Guidance for business includes:

  • SMEs and entitlements to reclaim costs of Statutory Sick Pay for sickness absence due to Covid-19
  • Business rates holiday / reliefs (England)
  • SMEs and large businesses facing cash flow issues due to Covid-19
  • HMRC Time to Pay service if you are concerned about not being able to pay your tax bills because of COVID-19
  • If you own a pub that serves food or a restaurant in England, you will be able to operate a hot food takeaway to serve people staying at home, without going through the usual planning process
  • Insurance claim and government’s medical advice.

COVID-19 support for businesses

By Alice Telfer, Head of Business Policy and Public Sector

2 April 2020

2-23-marsh 2-23-marsh
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