Coronavirus: government & financial support
Government support for businesses
To find out if you can access support, you can use the government’s eligibility checker
For further guidance, visit the government’s website
Financial support: individuals
Self-Employment Income Support Scheme – CLOSED
If you’re eligible based on your tax returns, HMRC will contact you in mid-July to give you a date that you can make your claim from. It will be given to you either by email, text message, letter or within the online service.
Support for businesses paying tax: Time To Pay Service
If you cannot pay your tax bill on time because of coronavirus, you may be able to delay it without a penalty using HMRC’s Time to Pay service.
You might be eligible if your UK business:
- pays tax to the UK government
- has outstanding tax liabilities
Financial support: businesses
Coronavirus Job Retention Scheme – CLOSED
Following the Prime Minister’s announcement on further restrictions, the UK-wide Coronavirus Job Retention Scheme will be extended until the end of September 2021 covering 80% of employees’ wages.
Recovery Loan Scheme
Businesses – ranging from coffee shops and restaurants, to hairdressers and gyms – can now access loans varying in size from £25,000, up to a maximum of £10 million. Loans will include 80% government guarantee and interest rate cap.
The scheme is open until 30 June 2022, subject to review.
More info: bit.ly/RecoveryLoanN
Additional Restrictions Grant
You might be able to get this grant if your business has been negatively affected by coronavirus.
Your local council will decide if you are eligible and how much you can get. Examples of what makes your business eligible could include:
- you do not pay business rates and your business was closed by law
- you supply an industry that had to close because of coronavirus, for example the retail, hospitality or leisure sector
- your business is in the events sector
The Additional Restrictions Grant ends on 31 March 2022.
Find out more about the coronavirus Additional Restrictions Grant. You’ll need to apply through your local council.
Articles
First York launches £20,000 fund to boost eco-friendly sales for small businesses
The York Go-Greener Fund will support small businesses' growth by helping them build on and develop sustainable products and services that directly appeal to consumers, helping them consider eco-friendly choices in what they buy.
Mental Health Awareness Week 2022
9th - 15th May is Mental Health Awareness Week, an annual campaign that promotes open discussions about mental health. In our blog, we've collected some mental health and wellbeing resources to help you create a supportive work environment.
York St John opens new start-up centre to offer free help for businesses to innovate and grow
York St John University is delighted to announce the opening of dedicated city centre start-up facilities to support business in York. A partnership with the York & North Yorkshire Growth Hub will also support local independent enterprise.
Resources
Free Webinar :Getting started with data protection: what every business needs to know
This webinar will take a simple look at some of the practical measures a business needs to put in place to help them comply with their UK GDPR obligations.
Featured Webinar Playlist: Wellbeing
Learn how to build resilience and communication, create a positive work environment, and support the mental health of both your team and yourself with our free wellbeing webinars playlist.
Grow Yorkshire: Introduction to Food and Drink Commercial Agreement
This Grow Yorkshire webinar, featuring presentations from partnering organisations, will introduce you to the new Crown Commercial Service Food and Drink Agreement and discuss how it can help you join the supply chain.
