{"id":929,"date":"2020-03-23T23:54:56","date_gmt":"2020-03-23T23:54:56","guid":{"rendered":"https:\/\/cloud9accountingteam.co.uk\/?p=929"},"modified":"2020-03-24T00:05:13","modified_gmt":"2020-03-24T00:05:13","slug":"stay-at-home","status":"publish","type":"post","link":"https:\/\/cloud9accountingteam.co.uk\/sk\/stay-at-home\/","title":{"rendered":"Stay at Home – Business Support"},"content":{"rendered":"

We are closely observing the economic situation and government\u00a0offers for the business in this difficult\u00a0time,\u00a0 the summary is below:<\/p>\n

 <\/p>\n

UK Government\u2019s message: “Stay at home, Stay safe”<\/strong><\/p>\n

This is the Help provided to Businesses & Employees, read below:<\/strong><\/p>\n

 <\/p>\n

01 – Government will pay up to 80% of salary of \u2018laid off\u2019 workers up to max \u00a32,500 per month for 3 months (could be extended) and can be backdated to 01st March; so businesses do NOT need to lay people off – scheme is called\u00a0The Coronavirus Job Retention Scheme<\/em>\u00a0(not yet available for applying)<\/p>\n

 <\/p>\n

02 – Business Loans will be interest-free for 12 months and should be available from Monday 23rd March 2020 (contact your loan provider);<\/p>\n

 <\/p>\n

03 – No VAT to be paid for next VAT quarter up to June q\/e \u2013 deferred to at least Dec 2020 (this is an automatic offer with no applications required)\u00a0;<\/p>\n

 <\/p>\n

04 \u2013 Minimum income floor suspended for universal credit to help the Self-Employed. If you are Self-Employed, you should be able to claim support via Universal Credit, (check what you are entitled to via this checker:\u00a0https:\/\/www.entitledto.co.uk\/<\/a>\u00a0);<\/p>\n

 <\/p>\n

05 \u2013 Next self-assessment payment can be deferred by 6 months to 31st Jan 2021 (from July 2020,\u00a0this is an automatic offer with no applications required);<\/p>\n

 <\/p>\n

06 – Council can offer \u00a310,000 to \u00a350,000 as of business grant to eligible businesses ( council will write to you);<\/p>\n

 <\/p>\n

07 – All homeowners will be able to claim a three-month break from their mortgage repayments if they are unable to pay (contact your mortgage provider);<\/p>\n

 <\/p>\n

08 – IR35 reforms were postponed for the next year;<\/p>\n

 <\/p>\n

Links to check:<\/u><\/p>\n

Business owners – For current updated details, please visit: https:\/\/www.gov.uk\/government\/publications\/guidance-to-employers-and-businesses-about-covid-19\/covid-19-support-for-businesses<\/a><\/p>\n

Job holders – For details, please visit: https:\/\/www.gov.uk\/government\/publications\/guidance-to-employers-and-businesses-about-covid-19\/covid-19-guidance-for-employees<\/a><\/p>\n

For mortgage details, please, visit: https:\/\/www.gov.uk\/government\/publications\/support-for-those-affected-by-covid-19\/support-for-those-affected-by-covid-19<\/a><\/p>\n

 <\/p>\n

In a few days, hopefully things will be more clearer, please feel free to contact us for any assistance.<\/p>\n

We are also posting business ideas on Facebook and Linkedin on what you can do with your business during this hard time:<\/p>\n

https:\/\/www.facebook.com\/groups\/1531912170293027\/?ref=group_header<\/a><\/p>\n

https:\/\/www.linkedin.com\/company\/37222055\/admin\/<\/a><\/p>\n

 <\/p>\n

Stay at home, stay safe.<\/p>\n

 <\/p>\n

For similar articles apply here<\/strong><\/p>\n

If you would like to continue read similar advice articles, please, apply here:\u00a0https:\/\/cloud9accounting.gr8.com<\/a>\u00a0.<\/p>\n

Contact us:\u00a0https:\/\/cloud9accountingteam.co.uk\/contact<\/a>\/<\/p>","protected":false},"excerpt":{"rendered":"

We are closely observing the economic situation and government\u00a0offers for the business in this difficult\u00a0time,\u00a0 the summary is below:   UK Government\u2019s message: “Stay at home, Stay safe” This is the Help provided to Businesses & Employees, read below:   01 – Government will pay up to 80% of salary of \u2018laid off\u2019 workers up […]<\/p>\n","protected":false},"author":7,"featured_media":930,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_templately_pack_id":"","_templately_imported_at":"","_templately_source":"","_templately_import_session_id":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[43,41,40,42],"class_list":["post-929","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-boris-johnson","tag-business-help","tag-national-lockdown","tag-uk-lockdown"],"yoast_head":"\nStay at Home - Business Support -<\/title>\n<meta name=\"description\" content=\"UK Government\u2019s message: "Stay at home, Stay safe". 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