Please find below the latest Businesses and Employers Bulletin from Government.
Get ready to claim – Coronavirus Job Retention Scheme
The online claim service for the Coronavirus Job Retention Scheme will be launched on GOV.UK on Monday 20 April 2020. Any entity with a UK payroll can apply, including businesses, charities, recruitment agencies and public authorities. To prepare to make your claim you will need:
You should retain all records and calculations in respect of your claims. You can find more information on the scheme and eligibility to claim here.
Chancellor expands loan scheme for large businesses
The Coronavirus Large Business Interruption Loan Scheme has been expanded to cover all viable firms. All firms with a turnover of more than £45 million will now be able to apply for up to £25 million of finance, and up to £50 million for firms with a turnover of more than £250 million.
The scheme, which will launch on Monday, will be available through a series of accredited lenders, which will be listed on the British Business Bank website.
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