1st April 2020

Government support for UK businesses during the coronavirus pandemic

Article by Linda Wilson | Commercial

Business owners should take advice from an expert commercial or employment solicitor on specific contracts and how the issues set out could apply to their own business. 

There are a number of sources of information on the internet that can be consulted for more general guidance some of which will be updated on a regular basis.  General guidance can be found by navigating from www.gov.uk.

Sources of specific support are listed below in alphabetical order by topic and include:

  • Accommodation providers:

www.gov.uk/guidance/covid-19-advice-for-accommodation-providers

  • Business loan interruption scheme:

www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-scheme-cbils/

  • Business rates:

www.gov.uk/government/publications/business-rates-retail-discount-guidance

  • Business rates review:

www.gov.uk/government/publications/business-rates-review-terms-of-reference/hm-treasury-fundamental-review-of-business-rates-terms-of-reference

  • Business rents:

www.gov.uk/government/news/extra-protection-for-businesses-with-ban-on-evictions-for-commercial-tenants-who-miss-rent-payments

  • Business support grant funding:

www.gov.uk/government/publications/coronavirus-covid-19-guidance-on-business-support-grant-funding

  • Businesses trading internationally:

www.gov.uk/government/publications/coronavirus-covid-19-guidance-for-uk-businesses/coronavirus-covid-19-guidance-for-uk-businesses-trading-internationally

  • Compulsory closure of businesses:

www.gov.uk/government/publications/further-businesses-and-premises-to-close?utm_source=77e9a975-dcba-4146-b1f9-d36e8d01465f&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate

www.gov.uk/government/news/government-sets-out-plans-to-enforce-closure-of-businesses-and-other-venues–2

www.gov.uk/government/publications/further-businesses-and-premises-to-close/further-businesses-and-premises-to-close-guidance

  • Corporate financing facility:

www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses#support-for-larger-firms-through-the-covid-19-corporate-financing-facility

www.bankofengland.co.uk/markets/market-notices/2020/ccff-market-notice-march-2020

  • Essential travel:

www.gov.uk/government/news/covid-19-essential-travel-guidance?utm_source=38508dca-c5ae-4971-9f8b-3ab8619f94c8&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate

  • Financial support:

www.businesssupport.gov.uk/coronavirus-business-support/

  • Job retention scheme

https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme

  • Landlord and tenant

https://www.gov.uk/government/publications/covid-19-and-renting-guidance-for-landlords-tenants-and-local-authorities?utm_source=3f5d6b00-cdcd-4d01-981e-438c90d66133&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate

  • Late filing of accounts:

www.gov.uk/guidance/apply-for-more-time-to-file-your-companys-accounts

  • Legislation

www.legislation.gov.uk/ukpga/2020/7/pdfs/ukpga_20200007_en.pdf

www.legislation.gov.uk/ukpga/2020/6/enacted/data.pdf

  • Mass gatherings:

www.gov.uk/guidance/covid-19-guidance-for-mass-gatherings

  • Mortgage lending forbearance:

www.fca.org.uk/news/press-releases/new-guidance-mortgage-providers-lenders-coronavirus

  • MoT testing for vehicles:

www.gov.uk/government/news/vehicle-owners-to-be-granted-mot-exemption-in-battle-against-coronavirus

  • Online sick note scheme:

www.gov.uk/government/news/online-isolation-notes-launched-providing-proof-of-coronavirus-absence-from-work

  • Operating as a food take away business:

www.gov.uk/government/news/government-to-grant-permission-for-pubs-and-restaurants-to-operate-as-takeaways-as-part-of-coronavirus-response

  • Regulations

www.legislation.gov.uk/uksi/2020/327/made/data.pdf

www.legislation.gov.uk/wsi/2020/326/made/data.pdf

www.legislation.gov.uk/uksi/2020/129/made/data.pdf

  • Statutory sick pay

www.legislation.gov.uk/uksi/2020/304/pdfs/uksi_20200304_en.pdf

www.legislation.gov.uk/uksi/2020/287/made/data.pdf

  • Staying at home:

www.gov.uk/government/publications/full-guidance-on-staying-at-home-and-away-from-others/full-guidance-on-staying-at-home-and-away-from-others

  • Travel update:

www.gov.uk/government/news/foreign-secretary-advises-all-british-travellers-to-return-to-the-uk-now

  • Universal credit

www.legislation.gov.uk/uksi/2020/289/made/data.pdf

The contents of this article are for the purposes of general awareness only. They do not purport to constitute legal or professional advice. Current as at 30 March 2020.