Financial support: individuals
Self-Employment Income Support Scheme
If you’re self-employed or a member of a partnership and have been impacted by coronavirus (COVID-19) find out if you can use this scheme to claim a grant.
The Self-Employment Income Support Scheme has been extended. The 4th grant will cover February to April, worth 80% of average trading profits up to £7,500. A 5th grant will be available from July.
If you deferred VAT payments due between 20 March 2020 and 30 June 2020 and still have payments to make, you can:
- pay the deferred VAT in full, on or before 31 March 2021
- join the VAT deferral new payment scheme – the online service is open between 23 February 2021 and 21 June 2021
- contact HMRC on Telephone: 0800 024 1222 by 30 June 2021 if you need extra help to pay
Financial support: businesses
Restart Grants Scheme
Businesses in England in the non-essential retail sector are eligible for one-off grants of up to £6,000, while businesses in the hospitality, accommodation, leisure, personal care and gym sectors, are eligible for one-off grants of up to £18,000.
More info: bit.ly/RGrantN
Coronavirus Job Retention Scheme
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.
More info: bit.ly/RecoveryLoanN
As David .A. Kerfoot MBE DL stands down as Chair of the York and North Yorkshire LEP, here is a personal letter to all businesses across the region.
Businesses in York and North Yorkshire have been nominated as most loved as part of national Love Local Day.
This free webinar explores how to use LinkedIn to promote yourself and your business to attract the clients and opportunities that you want.
This free webinar with the University of York will introduce a return to work toolkit for managers and team members.