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Get ready to claim – Coronavirus Job Retention Scheme online service launches Monday
The online claim service for the Coronavirus Job Retention Scheme will be launched on GOV.UK on Monday, 20 April. Any entity with a UK payroll can apply, including businesses, charities, recruitment agencies and public authorities. To prepare to make your claim you will need:
You should retain all records and calculations in respect of your claims. You can find more information on the scheme and eligibility to claim here.
Coronavirus Job Retention Scheme – extended eligibility
The Government has made an important change to the scheme, extending employee eligibility.
Further guidance is available here.
Government announces details of Coronavirus Large Business Interruption Loan Scheme
Loans to medium-to-large firms will now be included in the government’s £330bn coronavirus support package for the economy. Chancellor Rishi Sunak has announced final details of the Coronavirus Large Business Interruption Loan Scheme, detailing its scope to include:
The scheme launches on Monday, April 20.
This complements existing support including the Covid Corporate Financing Facility for investment grade businesses, and the Coronavirus Business Interruption Loan Scheme for businesses with turnover less than £45 million.
The government will provide lenders with a guarantee of 80% on each loan to give lenders further confidence in continuing to provide finance. The scheme will be available through a series of accredited lenders. Details are available on the British Business Bank website.
Continuation of Social Distancing Measures
The Government announced yesterday that the current social distancing measures will remain in place for at least the next three weeks until May 7. The advice from SAGE (Scientific Advisory Group for Emergencies) is that relaxing any of the measures currently in place would risk damage to both public health and our economy. See the statement in full here.
Make UK advice and resources for manufacturers
Manufacturers’ organisation Make UK is offering resources, regularly updated FAQs and an adviceline to manufacturers in Britain seeking help with coronavirus. See their dedicated coronavirus page.
New case studies and advice have been added to the business support web pages
Companies House support for businesses hit by coronavirus
Changes announced yesterday will help businesses dealing with coronavirus avoid being struck off the Companies House register. Find out more here.
Guidance on coronavirus testing for critical workers
Guidance is available on coronavirus testing for critical workers who are self-isolating. As part of the key worker testing programme NHS and social care critical workers who are self-isolating because of coronavirus symptoms are currently being tested. This list will be updated as testing becomes more widely available. If you are not covered in this list, you should continue to follow the government guidance for self-isolating.
Social care guidance
Information has been published for the social care sector on responding to the coronavirus pandemic.
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