Please find below today's Business and Employers Bulletin from Government. This includes:
A reminder that we are seeking feedback on the support available from government, the furlough scheme, business interruption loan scheme and what other support should be offered.
Contents
Reminder – Coronavirus Job Retention Scheme
The Coronavirus Job Retention Scheme is open for application. Employers can claim online for a grant for 80% of their furloughed employees’ salaries, up to a maximum of £2,500 per employee per month. Click here to make a claim.
To receive payment by 30 April, you will need to complete an application by the end of 22 April as it can take 6 working days from making an application to receive the money. Please keep a note or print-out of your claim reference number as you won’t receive a confirmation SMS or email.
HMRC have produced this step by step guidance on how to make a claim. There is also a calculator to help you work out your claim.
Coronavirus Business Support Blog
The Department for Business, Energy and Industrial Strategy have created the Coronavirus Business Support Blog to help business get the support they need to help with the impact of coronavirus.
The government has made available a full range of business support measures during this time. This blog contains additional information and resources, including:
For all the latest up to date government guidance on coronavirus support for businesses, please visit the coronavirus pages on GOV.UK.
New Updates and Guidance
New
Apply for the Coronavirus Large Business Interruption Loan Scheme
This scheme helps large businesses affected by coronavirus (COVID-19) to access loans of up to £25 million. The scheme is now open for applications, click here to find out more.
Letter to front line staff providing essential banking services
Letter from the Economic Secretary, John Glen, to front line staff working to provide essential banking services.
Coronavirus (COVID-19): guidance for people receiving direct payments
Advice for people who buy care and support through a direct payment, as well as local authorities, clinical commissioning groups and those who provide care and support.
Slides and datasets to accompany coronavirus press conference: 21 April 2020
Actions for early years and childcare providers during the coronavirus outbreak
Updated guidance on what childcare services early years settings, childminders and local authorities need to provide during the coronavirus outbreak is available. This guidance is for providers registered with Ofsted and childminders registered with childminder agencies for children of all ages.
Requests for Business Intelligence and Assistance
Offer coronavirus support
Tell us how your business might be able to help with the response to coronavirus by using our online service.
Share the impact coronavirus is having on your organisation
Let us know how the outbreak is impacting your business. Please send your intelligence to intel@beis.gov.uk. Commercially sensitive information will be treated accordingly. Please note that this inbox is only for receiving intelligence and does not provide business advice.
