Covid 19 – Financial Measures

The Government have announced a number of financial support measures to aid businesses, employees and the self-employed. Links to the Government pages showing what is available and how to claim are below:

Self-employed (Updated 27th March 2020)

Following on from the announcement made on the 26th March 2020 there are a number of support mechanisms now being provided for self-employed people who have been impacted by the Covid 19 measures. The links to the relevant gov.uk pages are below

https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme

https://www.gov.uk/self-employment-and-universal-credit

Please note that the July 2020 payment on account for self assessment has been removed and tax due will be payable on or before the 31st January 2021 for self assessment tax payers.

Business (updated 27th March 2020)

These are the links to the support on offer for businesses. Within this link there is also information regarding VAT payment deferral and support for employers.

https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses

 

Employees (updated 27th March 2020)

The link below provided guidance for employees as well as details of what benefits you may be eligible for at the current time.

https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-guidance-for-employees

The information supplied above is correct as of 27th March 2020, we would highly recommend keeping track of the daily Government briefings for any changes made to the finance support on offer.

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