The SME Brexit Support Fund could give you up to £2,000 to help with training or professional advice, if your business has up to 500 employees and no more than £100 million annual turnover. Applications will close on 30 June 2021 or earlier if all funding is allocated before this date. All information and to apply can be found on the GOV.UK.
Self-employment Income Support Scheme: Self-employed individuals or members of partnerships whose business has been adversely affected by coronavirus will be able to apply for a Self-Employment Income Support Scheme (SEISS) grant worth 80% of their average monthly trading profits.
Job Retention Scheme – This has been extended to September 2021. You can find out how more information on the scheme can be found here.
Statutory Sick Pay Rebate: The Government will bring forward legislation to allow small and medium-sized businesses to reclaim Statutory Sick Pay (SSP) paid for staff sickness absence due to coronavirus.
VAT Deferral: We will support businesses by deferring Valued Added Tax (VAT) payments for 3 months.
Income Tax Deferral for the Self-Employed: If you are self-employed, Income Tax payments due in July 2020 under the Self-Assessment system will be deferred to January 2021.
Support for Businesses Paying Tax: All businesses and self- employed people in financial distress, and with outstanding tax liabilities, may be eligible to receive support with their tax affairs through HMRC's Time To Pay service.
COVID-19 Corporate Financing Facility: The new COVID-19 Corporate Financing Facility (CCFF) means that the Bank of England will buy short-term debt from larger companies.
Deferral of Self-Assessment payment: The Self-Assessment payment on account, this is ordinarily due to be paid to HMRC by 31 July 2020 may now be deferred until January 2021.
Frequently asked questions- Here you can find a full list of FAQs provided by GOV.UK.
The GOV.UK website provides a range of information on grants, finance and loans, and business support such as mentoring, consultancy and funding for small and medium-sized businesses and start-ups.