Please find below the latest Businesses and Employers Bulletin from Government.
Now Open: Self-Employment Income Support Scheme
From 8am today, Wednesday 13 May 2020, self-employed individuals or members of partnerships whose business has been adversely affected by coronavirus will be able to apply for a Self-Employment Income Support Scheme (SEISS) grant, worth 80% of their average monthly trading profits, up to a maximum of £7,500), paid in a single instalment.
Check if you are eligible for the scheme here.
People will be able to make their claim on a specified date between 13-18 May, based on their Unique Tax Reference number. HMRC has assigned eligible self-employed individuals a specific date to apply on and this can be checked on HMRC’s online checker at any time. People will not be able to apply before their claim date but can make a claim after that day.
The claims process is simple, and those eligible will have the money paid into their bank account by 25 May 2020, or within six working days of completing a claim.
Roadmap taskforces to plan how closed sectors can reopen safely
Five new ministerial-led taskforces have been set up to develop plans for how and when closed sectors can reopen safely, following publication of the UK’s roadmap to rebuild Britain. Each taskforce will lead on developing new COVID-19 secure guidelines for the reopening of public places and businesses, where and when it is safe to do so. The taskforces will look at the following sectors:
As part of the science-led approach, each taskforce will work across Government and engage with key stakeholders in public health, industry, trade unions and devolved administrations to:
Government to support businesses through Trade Credit Insurance guarantee
Businesses with supply chains which rely on Trade Credit Insurance and who are experiencing difficulties maintaining cover due to Coronavirus will get support from the government. The Government will temporarily guarantee business-to-business transactions currently supported by Trade Credit Insurance, ensuring the majority of insurance coverage will be maintained across the market. This will support supply chains and help businesses to trade with confidence as they can trust that they will be protected if a customer defaults on payment. HMG's Trade Credit Insurance (TCI) guarantee will cover over £171 billion business activity currently insured and the transactions between around 13000 suppliers and 650,000 buyers. You can find further information here.
New updates and guidance
Business Secretary's statement and slides: 12 May 2020.
Government expands expert team to rapidly roll out coronavirus test and trace programme
The Government has announced the expansion of the expert team leading on the rapid nationwide roll-out of the coronavirus (COVID-19) test and trace programme. Find out more here.
Coronavirus: safer public places – urban centres and green spaces
New guidance for the owners and operators of urban centres and green spaces to help social distancing. This guidance applies in England only. Measures suggested in the guidance include:
New guidance on spending time outdoors
Details on a range of outdoor activities which will be allowed in England from 13 May 2020 subject to social distancing rules.
Closing certain businesses and venues in England
Guidance has been updated to reflect current regulations.
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