Following the recent announcement of a national lockdown, we encourage all of our members and their staff to strictly follow government guidelines.
To ensure our BID members have the latest business guidance we have created this webpage which is being updated regularly.
We monitor all the updates issued by the UK government, NHS, TfL and other organisations that may be of interest for our members.
- through our personal emails or our general email@example.com
- more updates can also be found on our Twitter or Facebook @StratfordOrig
You can always reach out to us if you need any additional information, help, advice or guidance.
Click on each link below to find out more
Save and return option now added
In response to feedback from customers using the service, we’ve added a 'save and return' option. This means that you can now return to a partially completed claim, rather than having to do it all in one go.
On May the 1st additional 5% uplift to the £12.33 billion funding was announced for small businesses.
This additional fund was aimed at small businesses with ongoing fixed property-related costs and who were not eligible for the Small Business Grant Fund or the Retail, Leisure and Hospitality Fund.
The scheme will allow you to claim a taxable grant of 80% of your average monthly trading profits, paid out in a single instalment covering 3 months, and capped at £7,500 altogether. This is a temporary scheme, but it may be extended.
Thousands of small firms and sole traders – including high street staples like hairdressers, coffee shops and florists – will be eligible for 100% government-backed Bounce Back Loans to help them make it through the coronavirus outbreak.
This scheme will help small and medium-sized businesses affected by coronavirus (COVID-19) to apply for loans of up to £50,000.
- 100% government guarantee
- Available from 9am on Monday 4th May 2020
Arts Council England have a number of funding opportunities for organisations and individuals within the arts
The Chancellor has announced a new £500 million loan scheme for high-growth firms, called the Future Fund, and £750 million of targeted support for small and medium sized businesses focusing on research and development.
Businesses in the hospitality, leisure and retail, regardless of their Rateable Value will not have to pay business rates for the 2020-21 tax year.
Businesses do not need to take any actions, the relief will be applied automatically.
Apply for the Coronavirus business grant funds:
➣ Small Business Grant Fund - £10,000 grant payment.
➣ Retail, Leisure and Hospitality Grant - up to £25,000.
CBILS is financial support to smaller businesses (SMEs) who are UK - based, have an annual turnover of no more than £45 million and were disrupted by the COVID-19 outbreak.
What do you get?
- Loans up to £5million (you can apply for a loan between £25,001 and £5,000,000)
- Spread repayments of your loan from 1 to 6 years
- No interest payments for the first 12 months (covered by the UK government under “Business Interruption Payment”)
The scheme applies to employees who have been asked to stop working, but who are being kept on the pay roll, otherwise described as ‘furloughed workers’.
All UK businesses are eligible.
- HMRC will reimburse 80% of furloughed workers wage costs, up to a cap of £2,500 per month.
- The scheme will cover the cost of wages backdated to March 1st and is initially open for 3 months, but will be extended if necessary.
The Government has launched the website where you can find all the information on the impact of coronavirus (Covid-19) on your business.
You'll find ALL the schemes (loans, business rates, grants, etc) available for businesses, eligibility and advice.
"The Metropolitan Police Business Crime Hub was created to improve partnership and communication with the business community to reduce the impact of crime".
In the official statement issued by Metropolitan Police, you'll find tips on preventing crime during these unpredictable times created by the Coronavirus, including:
- If your staff fall victim to an assault or witness violence in your premises
- Closed Premises/Venues that have been temporarily shut
- Physical Protective Measures
- Large gatherings/Queuing
Read the full document below for more information.
The phone helpline aims to support businesses and self-employed people concerned about not being able to pay their tax due to coronavirus (COVID-19).
You can call HMRC’s helpline for help and advice: 0800 0159 559
Opening hours are Monday to Friday 8am to 8pm, and Saturday 8am to 4pm.
The helpline will not be available on Bank Holidays.
--> HERE you will find out about the support for businesses who:
- are paying sick pay to employees (COVID-19 refund will cover up to 2 weeks’ SSP per eligible employee)
- pay business rates (100% retail discount for the 2020 to 2021 tax year for properties below £51,000 rateable value)
- pay little or no business rates (grant of £3,000 to businesses currently eligible for SBRR or Rural Rate Relief)
- support through the Coronavirus Business Interruption Loan Scheme (up to 80% covered by the government)
- for businesses and self-employed paying tax (may be eligible to receive support with their tax affairs)
will assist employers and businesses in providing advice to their staff on:
- the novel coronavirus, COVID-19
- how to help prevent the spread of all respiratory infections including COVID-19
- what to do if someone suspected or confirmed to have COVID-19 has been in business settings
- what advice to give to individuals who have travelled to specific areas
- actions to take if staff come into contact with someone who is self-isolating or is a possible or confirmed case of COVID-19
Please stay healthy and follow the basic routine to protect yourself and those around you from the virus.