April 18, 2024

Takepayments creates business resource list for business owners during Covid-19

On the 23rd March 2020, the government announced that the public is allowed out for health reasons, to buy food, or for essential work.

This means that non-essential shops and small businesses have been closed or moved online, to limit the spread of Covid-19 – but what does that mean for your business, and where can you go for advice?

takepayments limited have put together helpful resources for SMEs, freelancers and the self-employed, to help manage their businesses during lockdown.

The site, https://www.takepayments.com/blog/business-growth/business-advice-during-covid-19/ has more in depth information regarding:

Financial help

• Deferring VAT payments for three months
• Deferring Income Tax payments for three months
• Business rates holiday for retail, hospitality, and leisure businesses – business rates calculator https://www.gov.uk/calculate-your-business-rates
• Grants for businesses in retail, hospitality, and leisure – https://www.gov.uk/find-local-council
• Coronavirus business interruption loan scheme (CBILS) https://www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-scheme-cbils/
• For the self-employed, the Government is offering to cover 80% of profits, up to £2,500 per month, for the next three months (Covid-19) Self-employment Income Support Scheme.

Workforce support

Here are other useful links
• Coronavirus Job Retention Scheme https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-guidance-for-employees#furloughed-workers
• Small to medium-sized businesses will be able to reclaim Statutory Sick Pay (SSP) https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses
• Chartered Institute of Personnel and Development (CIPD) published advice: Getting the most from remote working https://www.cipd.co.uk/knowledge/fundamentals/relations/flexible-working/remote-working-top-tips
• CIPD employer response guide https://www.cipd.co.uk/knowledge/fundamentals/emp-law/health-safety/coronavirus-employer-response-guide
Health & Safety advice
• NHS coronavirus (Covid-19) symptoms page https://www.nhs.uk/conditions/coronavirus-covid-19/
• ACAS’s coronavirus guide and safety measures in the workplace https://www.acas.org.uk/coronavirus
• Public Health England data tracking coronavirus cases https://www.gov.uk/government/publications/covid-19-track-coronavirus-cases
• NHS advice on self-isolation https://www.nhs.uk/conditions/coronavirus-covid-19/self-isolation-advice/