CORONAVIRUS (COVID-19)Helping you understand what support isavailable for your business

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On Friday 21st March 2020 (updated on the 26th March 2020) the Chancellor set out a package of measures to support public services, people and businesses through the period of disruption caused by COVID-19.

The package of measures to support businesses & individuals includes:


  • Support for Self-Employed through the Self-Employment Income Support Scheme
  • Coronavirus Job Retention Scheme
  • Deferring VAT and Income Tax payments
  • A Statutory Sick Pay relief package for SMEs
  • A 12-month business rates holiday for all retail, hospitality and leisure businesses in England
  • Small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief
  • Grant funding of £25,000 for retail, hospitality and leisure businesses with property with a rateable value between £15,000 and £51,000
  • The Coronavirus Business Interruption Loan Scheme offering loans of up to £5 million for SMEs through the British Business Bank
  • A new lending facility from the Bank of England to help support liquidity among larger firms, helping them bridge coronavirus disruption to their cash flows through loans
  • HMRC Time To Pay Scheme

For more information click on the sections below.

Frequently Asked Questions (FAQ’s)

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Guidance for Employers, including PAYE and Furloughing of Employees

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Guidance for the Self-Employed

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Guidance on Coronavirus Business Interruption Loan Scheme (CBILS) and how to apply

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Guidance for Grants that are available including Small Business Rates Relief (SBBR)

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Guidance for VAT, Self Assessment and HMRC Time To Pay

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Tips and resources

We like to blog about all that’s new in the world of accounting. You can also read all about our latest news, projects, and business tips in the Valued blog too.

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