COVID-19 - Business Support

The information below summarises the latest information available relating to support offered to businesses affected by the impact of Coronavirus (COVID-19). We will continue to update this as more information around support, relief measures, grants and loans becomes available.

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Business relief and grants

Business relief and grants are available via Winchester City Council listed below click here.

  • Small Business Grant Funding

    The Government is providing additional funding for Local Authorities to support small businesses that already pay little or no business rates because of small business rate relief (SBRR), rural rate relief (RRR) and tapered relief.

    Find out more from Winchester City Council here.

    Find out more from the Government’s Business Support pages here

  • Cash Grant for Retail, Hospitality and Leisure

    If your business is in the retail, hospitality or leisure sector, you can apply to receive a cash grant of up to £25,000 per property.

    Find out more from Winchester City Council here.

    Find out more from the Government’s Business Support pages here.

  • Business Rates Holiday for Retail, Hospitality and Leisure

    Businesses in the retail, hospitality and leisure sectors in England will not have to pay business rates for the 2020-2021 tax year. Please note that 2020-21 Business Rates bills for ratepayers in receipt of Retail Relief have not been issued.  We are now applying the amended relief to everyone we believe qualifies and a new business rates bill will be issued to you by Friday 27 March.

    Find out more from Winchester City Council here.

    Find out more from the Government’s Business Support pages here.


Government support via agencies

Additional support is available from Government via various agencies. These are outlined below.

  • Coronavirus Business Interruption Loan Scheme

    This scheme assists businesses affected by Coronavirus in accessing bank lending and overdraft facilities. For loans up to £5 million, the government is providing a guarantee of 80% for each loan. 

    Find out more from the Government’s Business Support pages here.

  • Covid-19 Corporate Financing Facility

    The new Covid-19 Corporate Financing Facility (CCFF) will see the Bank of England buying short term debt from larger companies.

    Find out more the Government’s Business Support pages here.

  • Coronavirus Job Retention Scheme

    Under the Coronavirus Job Retention Scheme, all UK employers operating  a PAYE scheme will be able to access support to continue paying part of their employees’ salary for those that would otherwise have been laid off during this crisis.

    Find out more the Government’s Business Support pages  here.

  • Statutory Sick Pay Rebate

    The Government has brought forward legislation to allow small and medium sized businesses to reclaim Statutory Sick Pay (SSP) paid for staff sickness absence due to coronavirus.

    Find out more the Government’s Business Support pages  here.

  • VAT Deferral

    The Government  will support businesses by deferring Valued Added Tax (VAT) payments for 3 months.

    Find out more the Government’s Business Support pages here.

  • Income Tax Deferral for the Self-Employed

    If you are self-employed, your Income Tax payments due in July 2020 under the Self-Assessment system will be deferred to January 2021.

    Find out more the Government’s Business Support pages here.

  • Self-employment Income Support Scheme

    This scheme will allow you to claim a taxable grant worth 80% of your trading profits up to a maximum of £2,500 per month for the next 3 months. This may be extended if needed.

    Find out more the Government’s Business Support pages here.

  • Time to Pay

    All businesses and self-employed people in financial difficulty, and with outstanding tax liabilities, may be eligible to receive support with their tax affairs through HMRC’s Time To Pay service.

    Find out more the Government’s Business Support pages here.

 


Support and advice

 


Supplier relief

  • Information and Guidance for contracted suppliers during COVID-19 (coronavirus). Valid from April until June 2020

    The council is working hard to ensure it is following the latest Government guidance relating to:

    • adopting safe working practices;
    • responding to this major incident;
    • the payment of contracted suppliers during this period of national disruption.

    We recognise the impact the current situation is having on businesses and appreciate the commitment and support from our contracted suppliers to maintain essential services and supplies to the council and its residents. We are working to ensure we can resume normal service delivery when current restrictions are lifted and to assist are utilising Government guidance such Procurement Policy Note 02/20 Supplier Relief due to Covid19

    If you are a contractor or supplier to the council and would like to discuss how we may be able to help, please send your query to procurement@winchester.gov.uk in the first instance, stating the name of your normal council contact. There are some commitments and conditions applied to the relief which will be shared with you on application.