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
It's Good to Talk: How collaboration with universities is helping businesses grow
Collaboration between universities and businesses can prove to be beneficial for both parties. In York, a partnership between York St John University and the York & North Yorkshire Growth Hub is helping local businesses to flourish.
Go-Greener Fund's 'People's Choice' award winner announced
A shoe designer and retailer on Clifford Street has been chosen by the people of York to feature in a special film to highlight North Yorkshire’s ambition to become a net-zero carbon economy by the 2030s.
Inflation in the UK and 5 actions you can take now
Inflation at its simplest is the term used to describe rising prices. With costs continuing to increase at their fastest rate for 40 years, inflation in the UK is having a fundamental impact on businesses across the region.
Events
14th September 202211:00 am - 12:30 pmFREE
14 Sept - Good Business Charter: Inspiring and championing responsible business in York
Join us to find out more about the Good Business Charter and Enterprise Centre and hear about the benefits from businesses already using it to make a difference.
14th September 20229:00 am - 5:00 pmFREE
14 Sep - Harrogate Co-Lab: Business Support Drop-In Session
This free drop-in service based in Harrogate can help answer your questions and direct you to relevant business support, resources and programmes.
15th September 202212:30 pm - 2:00 pmFREE
15 Sept - Aspire2Lead Networking Lunch
Join us on 15 September for a different kind of networking for women designed to help you progress at work or grow your business.
Resources
Net-Zero Business Toolkit
The Net-Zero Business Toolkit aims to make sustainability simple and is suitable for businesses of any sector or size. Download the toolkit today to get started or continue with your net-zero journey.
Featured Webinar Playlist: Recruitment and retention
Attract talent, improve your recruitment methods and learn how to engage and retain your talent with our playlist of free webinars.
Net-Zero Business Toolkit
The Net-Zero Business Toolkit aims to make sustainability simple and is suitable for businesses of any sector or size. Download the toolkit today to get started or continue with your net-zero journey.
