Directory of Government support

Getting help from Central Government Schemes

The Government has created a simple to use coronavirus business support finder tool. The tool can quickly and easily determine what financial support is available to your business during the coronavirus pandemic. 

The tool can be found on the Gov.uk website, you will be asked to fill out a simple online questionnaire, after which you will be directed to a list of all the financial support you may be eligible for.

Details of the schemes available can be found in the table below.

Employee & Self Employment Support
Scheme Eligibility Details How to access it
CV Job Retention Scheme All UK businesses and charities. Check Eligibility. HMRC will reimburse 80% of “furloughed” workers wage costs up to £2.5K pm.

Extended scheme - From 1 July, businesses will be given the flexibility to bring furloughed employees back part time. For June and July the government will continue to pay 80% of people’s salaries. In the following months, businesses will be asked to contribute towards this 80%.
- August - Employers will pay ER NICs and pension contributions
- September - Employers will pay ER NICs and pension contributions and 10% of wages
- October - Employers will pay ER NICs and pension contributions and 20% of wages
Employers need to designate affected employees as ‘furloughed workers’ and submit information to HMRC through a new online portal. A step-by-step guide can be found here.
Job Retention Bonus Employers who keep on their furloughed employees in meaningful employment, after the government’s Coronavirus Job Retention Scheme ends on 31 October 2020. From February 2021, employers will be able to claim the Job Retention Bonus through GOV.UK. 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. More detail about this process will be published in guidance by the end of September 2020.
Self Employment Support A self-employed individual or a member of a partnership with trading profits up to £50k with more than half their income coming from self-employment. A taxable grant worth 80% of trading profits up to a maximum of £2,500 - for at least 3 months. The grant can be claimed while still continuing to trade.

Extended scheme - second and final grant can be claimed in August. The grant will be worth 70% of average monthly trading profits, paid out in a single instalment covering three months’ worth of profits, capped at £6,570.
HMRC will contact those eligible for the scheme and invite them to apply online. Here are FAQs.
Statutory Sick Pay relief Employers with < 250 employees Up to 2 weeks’ SSP per eligible employee Employers can claim rebates online. For more information click here, the online portal for applications can be found here.
Grants & Rates Relief
Scheme Eligibility Details How to access it
Business Rates holiday All retail, hospitality, leisure, pubs and nurseries in England 12-month holiday Automatic and will apply to the next business rates bill in April 2020.
Retail/Hospitality/Leisure Grant Fund All retail, hospitality and leisure businesses in England with rateable value < £15K. Grant funding of £10,000 Here is more Guidance.
Contact your local council if you think you are eligible for a grant but have not yet received it.
Retail/Hospitality/Leisure Grant Fund All retail, hospitality and leisure businesses in England with property with a rateable value between £15K and £51K. Grant funding of £25,000 Here is more Guidance.
Contact your local council if you think you are eligible for a grant but have not yet received it.
Small business Grant Fund All Businesses in England occupying property and already receiving SB Rates Relief, Rural Rates Relief, and/or Tapered relief. Grant funding of £10,000 Here is more Guidance.
Contact your local council if you think you are eligible for a grant but have not yet received it.
Additional Local Authority Small Business Grant Fund Small businesses (under 50 employees) which do not qualify for the Small Business Grant Fund (e.g. those in serviced offices, all-inclusive rent leases and enterprise zones) and have seen a significant drop of income due to coronavirus restriction measures. To address gaps in the provision of grants for some businesses that do not qualify for the Small Business Grant Fund an additional fund has been announced. Grants of £10,000 and £25,000 will be available and local authorities can choose to make payments of any other amount under £10,000. Here is more Guidance. Contact your Local Authority for further information.
Small business recovery grant Small and medium sized businesses in England Small and medium sized businesses in England can access grants between £1,000 - £5,000 for new equipment and technology and specialist advice to support their recovery from the effects of the coronavirus pandemic. The funding has been allocated to Growth Hubs within each LEP area within the current ERDF Programme.
More information can be found here.
Lending
Scheme Eligibility Details How to access it
Bounce Back Loan Scheme (BBLS) Small and medium-sized businesses affected by coronavirus (COVID-19). The loan will enable eligible businesses to borrow between £2,000 up to 25% of a business’ turnover over a 6 year term, interest free for 12 months. The maximum loan amount is £50,000.

The interest rate for the facility is set at 2.5% per annum (after the 12 month interest free period). The loan is 100% guaranteed to give sole traders, micro firms and entrepreneurs a simple route to fast finance. Businesses must have been trading healthily at the end of 2019. Businesses can transfer an existing CBILS loan to this Bounce Back loan.
The Scheme will be available through the British Business Bank’s accredited lenders. A list of lenders is available here.

To apply, go to the British Business Bank website.

FAQs can also be found here.
CV Business Interruption Loan Scheme (CBIL) UK businesses with turnover < £45M Up to £5 million, 12 months interest free. 80% of loan is Government backed.

CBILS loans are now limited to £50k minimum to avoid overlap with the BBLS.
To apply, you should talk to your bank or one of the accredited finance providers.
See British Business Bank for details.
FAQs can also be found on the British Business Bank website, for businesses go here, for SMEs go here.
Future Fund Companies that have raised £250K equity funding in the last 5 years which are facing financing difficulties due to the Coronavirus outbreak The scheme, delivered in partnership with the British Business Bank, is offering convertible loans of £125K-5M at 8% interest. The scheme is open for applications until the end of September, to find out more on how to apply visit the British Business Bank website.

A direct link to the terms of the scheme can be found here.
Coronavirus Large Business Interruption Loan Scheme UK businesses with an annual turnover of over £45m. Businesses with a turnover of more than £45 million will be able to apply for up to £25 million of finance.
Firms with a turnover of more than £250 million will be able to apply for up to £50 million of finance. From May 26, the maximum loan size available will increase to £200m.
80% of loan backed by Government, commercial rates of interest apply.
To apply, you should talk to your bank or one of the accredited finance providers.
See British Business Bank for details.
FAQs can also be found on the British Business Bank website, for businesses go here, for SMEs go here.
Corporate Financing Facility All UK businesses The Bank of England will buy short term debt from larger companies, provided that they can demonstrate they were in sound financial health prior to the impact of Coronavirus. More information on how to access the scheme is available on theBank of England website.
Tax Deferrals
Scheme Eligibility Details How to access it
Deferring VAT All Businesses for VAT VAT deferral of payments due between 20 Mar 2020 and 30 June 2020 until 31 March 2021. Automatic - no applications required
Deferring Income Tax Self-employed Self-Assessment payments due on the 31 July 2020 deferred until 31 Jan 2021. Automatic - no applications required
HMRC Time To Pay Scheme Self Employed & Businesses with outstanding tax liabilities Support with their tax settlement agreed on a case-by-case basis and tailored to individual circumstances and liabilities. Call HMRC’s dedicated helpline: 0800 0159 559
Charities
Scheme Eligibility Details How to access it
Coronavirus funding for charities Charities providing vital services and helping vulnerable people through the current crisis. £360 million support package for frontline charities allocated by government departments. £370 million for smaller charities, including through a grant to the National Lottery Community Fund. The Government is identifying priority recipients, with the aim for charities to receive money in the coming weeks. The application system for the National Lottery Community Fund grant pot is expected to be operational within a similar period of time.
Other
Scheme Eligibility Details How to access it
Company Filing All UK businesses Businesses will be given an additional 3 months to file accounts with Companies House to help companies avoid penalties as they deal with the impact of COVID-19. Apply to Companies House for an extension
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