Advice updated Tuesday 5 January 2021

For businesses there is an unprecedented amount of uncertainty over what the following days and months may bring as a result of COVID-19. Below are some of the measures that are in place to assist businesses and individuals during this time. We will be keeping this guidance updated as and when there are developments.

For guidance on what financial support is available to your business please use the following Business Support Finder Tool: https://www.gov.uk/business-coronavirus-support-finder

Please click on the below sections to find out more:

Current Schemes and Latest Developments

• Coronavirus Job Retention Scheme – Extension
• Local Restrictions Support Grant 
• Kickstart Scheme
• Self-employment Income Support Scheme
• Coronavirus Business Interruption Loan Scheme
• Bounce Back Loans
• Stamp Duty Holiday
• Scottish Assistance

Other COVID Assistance

• Christmas Support Payment for Wet-Led Pubs in England
• Test and Trace Support Payment Scheme
• Job Support Scheme
• Payroll General Information & Statutory Sick Pay
• VAT and Tax
• VAT in the Hospitality and Tourism Sector
• Business Rates Relief and Small Business Grant Funding for Businesses with Property in England
• Measures for Businesses in Wales
• Dentists – NHS England Update
• Dentists – Support for Scottish Dental Practices
• Universal Credit
• Working Tax Credits
• Making Tax Digital
• Companies House
• Insolvency Rule Changes – 28 March 2020
• Job Retention Bonus

Previous schemes

• Coronavirus Job Retention Scheme – Flexible Rules 
• Coronavirus Job Retention Scheme – Current Rules
• Support for Firms Driving Innovation
• Discretionary Fund for Small Businesses in England
• Grants for Small & Medium Sized Businesses in England
• Help for Eating Establishments
• Support for Dairy Farmers in England and Wales
• Support for Charities
• Assistance in Scotland for Small Businesses and the Newly Self-employed
• Measures for Businesses with Property in Scotland

• IR35 Reform Delayed – The implementation of IR35 Off-Payroll tax reforms have been delayed for a year, with the new legislation now due to be reintroduced in April 2021.

As always, rest assured that Dodd & Co will be working tirelessly to keep you up to date with developments, and whether you need business advice or even just a chat remember that we are here to assist you and your business.