The Global Pandemic has created havoc in lives and economies. Which leads the government to take preventive measures to mitigate the loss and keep the economy functioning. The measures include ways to facilitate individuals and businesses in various ways. If you are looking for help and want to know about the government’s newly adapted measures and policies on the COVID-19; please check the links below,

 

Click here, if you’re looking for the- Government Giving £10,000 Coronavirus Grant for Small Businesses

 

If you’re eligible for more than the primary £10,000 grant then check the £25,000 Coronavirus grant for small businesses

 

If you are losing revenue, facing cash-flow disruption and looking for financial support from the Coronavirus Business Interruption Loan Scheme (CBILS) click on the link - Coronavirus Business Interruption Loan Scheme to support cash flow

 

The government has allowed British companies to hold onto their VAT payments until the end of June to protect businesses during the coronavirus outbreak. Learn more about measure on, No VAT payments for companies until end of June amid coronavirus crisis

 

Due to the outbreak, the workers are restrained from work. The government has taken preventive measures regarding this issue to help the businesses from sinking by providing, Coronavirus Grant of 80% of Wages and Salaries.

 

Government has also announced other beneficiary measures for self-employed individuals. To claim your grant, go through  Coronavirus Grants and Benefits for Self-Employed

 

If you are an employee and you are unable to go to work because you have been advised to self-isolate yourself, you will still be paid up to 28 weeks from the Statutory Sick Pay (SSP): A Significant Support for Employees Battling COVID-19

 

The outbreak may have affected your company’s resources and you may miss the statutory deadline for filing your annual accounts. But you need not to worry because the Companies House has extended three months for you to file your annual accounts. Learn more on Coronavirus: The Extension for Filing Accounts With Companies House

To reduce pressure from businesses the UK government has postponed the IR35 reforms for a year. Freelancers or contractors can read our blog to learn more regarding the deferment.

 

Taj Accountants has provided you with all the recent updates regarding the Government's Coronavirus Grants. Any further information concerning the issue will be constantly updated by us. Taj Accountants would suggest you consult with a small business accountant or an expert before taking any steps regarding the beneficiary measures. For any additional guidance or query contact Taj Accountants in London.