ADVICE FOR BUSINESSES
- Government guidance for employers can be found here
- Updated Furloughing information can be found here
- Our Steps for Employers
- Safe Delivery Advice
- Innovative ideas from other businesses
- The Caterer’s advice hub here
- Big Hospitality: Coronavirus: 5 things restaurant owners should do now,
- Coronavirus Guide for the F&B Industry from London Eater writer Jonathan Nunn & Vaughn Tan have put together a guide for F&B, validated by epidemiologists & public health experts
- Free personal development courses from Virtual Training
CORONAVIRUS JOB RETENTION SCHEME
Most of you will have been using the CJRS since it was introduced in April to keep staff on during lockdown.
There have been a number of changes made to the scheme since its introduction and most importantly it is due to close on 31 October.
So, do if you haven’t already check out the latest guidance, updated on 1 July with answers to all your important questions, like:
- What percentage of my employees’ wages will I have to pay?
- Can I bring staff back part-time?
- What’s the maximum I can claim for each employee?
For the answers to these and other important CJRS questions, check out the full guidance.
The Coronavirus Business Interruption Loan Scheme (CBILS) has been significantly expanded and amended since it was launched back in March. It is now open to more smaller businesses.
Insufficient security is no longer a condition to access the scheme.
You can access up to £5m in the form of, term loans, overdrafts, invoice finance or asset finance from one of more than 40 lenders overseen by British Business Bank.
No personal guarantees are not required for loans under £250,000.
The Government will cover the interest for the first 12 months of the loan.
For more information about CBILS click here.
No hospitality business will have to pay business rates for 2020-2021 tax year.
Any hospitality business premises with a rateable value of £15,000 – £51,000 will receive a grant of £25,000.
These reliefs will be available from your local authority and they will have guidance by Friday 20 March.
If you pay less than £15,000 you are eligible for a one-off grant of £10,000.
Your local authority will contact you directly about this. You can use the business rates calculator to estimate the rates you will be not be paying.
STATUTORY SICK PAY
All SMEs – those employers with fewer than 250 employees – can reclaim Statutory Sick Pay for sickness absence due to COVID-19 for two weeks.
You’ll need to keep records of the absences but won’t require a GP note. You can find more details here.
RENT & PROTECTION FROM EVICTION
The moratorium is now supported by a voluntary Code of Practice which encourages tenants to pay their rent in full, if they can, but states that landlords should support any tenants who are unable to do so.
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