Covid-19

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Business Support Update – 11 January 2021

11th January 2021
Additional Funding for Gyms and Non-essential Retail Action has been taken so that businesses across Scotland get better and faster access to financial support by Scottish Finance Secretary Kate Forbes. £41 million will top up support for non-essential retail and gyms, which are required to close in level 4. This is in addition to top...

Furlough scheme extended to 2021

27th November 2020
As you will be aware the UK wide Coronavirus Job Retention Scheme has been extended until 31 March 2021. But what are the key details for employers to know? The extended Coronavirus Job Retention Scheme (CJRS) offers a more generous level of support than the last few months, with the government paying 80% of an...

Business Closure Grant

19th November 2020
From 2 November, if your business has been required to close by law or change its operations due to Covid-19 restrictions then you may be eligible for grant funding. There are two different types of grants on offer and they will be paid every 4 weeks in arrears for as long as the restrictions last....

Extension of the Furlough Scheme

6th November 2020
Over the last few days, there has been a lot of talk in the media regarding what the second lockdown in England would mean for the Job Support Scheme (JSS) – which was due to replace the Coronavirus Job Retention Scheme (CJRS) on 1 November. However, on the 5 November, Chancellor of the Exchequer Rishi...

Extension of the Coronavirus Job Retention

4th November 2020
Updated 4th November 2020 Over the last few days, there has been a lot of talk in the media regarding what the second lockdown in England would mean for the Job Support Scheme – which was due to replace the Coronavirus Job Retention Scheme (CJRS) on 1 November. However, on the 31 October, Prime Minster...

Self Employed Income Support Scheme Changes

4th November 2020
UPDATE 4th November 2020 To coincide with the changes to the CJRS and JSS , the SEISS (Self Employment Income Support Scheme) will be doubled back up to the previous amount of 80% of average trading profits for the entirety of November and the claims window for this brought forward from 14 December to 30...

Business Hardship Fund and Business Closure Fund

23rd October 2020
Coronavirus Restrictions Fund – Business Hardship Fund and Business Closure Fund The Scottish Government have created a Business Hardship Fund and a Business Closure Fund to support businesses significantly impacted by COVID-19 restrictions. The fund aim to support some businesses that remain open but are still significantly impacted by the restrictions, including those in the direct supply...

Job Support Scheme

23rd October 2020
Update 23 October 2020 The Job Support Scheme (JSS) has been significantly changed just weeks before its implementation. This scheme is now set to cover not only those businesses that face decreased demand due to COVID but also those that are forced to close by the operation of 2 separate system : JSS Open and...

Self Employed Income Support Scheme Extension

23rd October 2020
Update 23 october 2020 The Self Employed Income Support Scheme is being extended until 30 April 2021. As before this will be paid out in 2 grants, each of which will cover a three month period. The eligibility criteria are slightly different to the earlier incarnation of this scheme. You must: • be currently eligible...

Pay as You Grow

25th September 2020
In anticipation of further cashflow difficulties, Rishi Sunak has tinkered with various loan schemes to allow for more time and greater flexibility in repayment. It has been announced today that the application deadline for all four major COVID loan schemes (Bounce Back Loan Scheme, Coronavirus Business Interruption Loan Scheme, Coronavirus Large Business Interruption Loan Scheme...