Businesses and workplaces should encourage their employees to work at home, wherever possible.
Read the latest government advice for businesses.
Read the latest government advice for employees.
Financial support for businesses
There’s a lot of financial support available for large and small businesses and individual employees.
You can find out more about the full range of business support available, including how to access support, who is eligible, when the schemes open and how to apply for all of the following:
- a statutory sick pay relief package for SMEs
- business rate relief for small businesses and pubs
- support for businesses that pay little or no rates through the small business grant funding of £10,000 for all business in receipt of small business rates relief (SBRR) and rural rates relief
- the coronavirus business interruption loan scheme to support long-term viable businesses who may need to respond to cash-flow pressures by seeking additional finance
- the HMRC time to pay scheme
- job retention scheme
- grants of up to £25,000 for retail businesses, hospitality and leisure
- business rate holidays for nurseries
- COVID-19 corporate financing facility for larger companies
- VAT deferral
- income tax deferral
- protection from eviction for commercial tenants
- deferral of self-access payments
Small business grant funding
The government website states that local authorities will write to all eligible businesses with information on how to claim this grant. In Derbyshire, this means your local district and borough council.
If you are self employed
The government has launched a self-employment income support scheme to support self-employed individuals (including members of partnerships) whose income has been negatively impacted by coronavirus.
The scheme will provide a grant to self-employed individuals or partnerships, worth 80% of their profits up to a cap of £2,500 per month based on the average profits from tax returns in 2016 to 2017, 2017 to 2018 and 2018 to 2019.
Rent support for businesses
Commercial tenants who can’t pay their bills due to coronavirus will be protected from eviction. The Emergency Coronavirus Bill currently being passed through parliament will mean no business will be forced out of their premises if they miss a payment within the next three months. Read more about the ban on evictions for commercial tenants who miss rent payments.
We’re working hard with the Chamber of Commerce, D2N2 Growth Hub, the government’s Department for Work and Pensions and other local authorities to pull together a package of support for Derbyshire businesses.
In addition to the government’s financial package, this includes a redeployment triage service which will match those recently made redundant with new work in sectors experiencing a surge in employment demand such as food retail, care, and distribution.
Free webinars and workshops for businesses
East Midlands Chamber has launched a programme of free webinars and workshops throughout April for local businesses. These sessions will provide support and advice on how to deal with the impacts of coronavirus. Find out more about business events in the East Midlands.
Restructuring and insolvency advice
The government’s insolvency service has published information outlining the support and advice available for businesses that are in financial difficulty.
The Charities Aid Foundation has new funding available for small charities and social enterprises struggling during the current crisis. Read more about emergency one-off grants of up to £10,000.
Marketing Peak District and Derbyshire is currently gathering information on the impact coronavirus is having on the county’s tourism industry.
If you run a café, restaurant, accommodation such as a holiday let or B&B, leisure attraction or any other business which relies on tourism, please fill in the online survey.
This will give Marketing Peak District and Derbyshire an indication of what support is needed to help businesses.