Covid-19

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. 

 

Check all of our BID updates and digital newsletters here. 

 

CONTACT US:

You can always reach out to us if you need any additional information, help, advice or guidance. 

USEFUL LINKS

Click on each link below to find out more

Covid-19 latest updates
Here we will publish all the latest Covid-19 updates related to employers, employees and businesses.



Should staff/customers be encouraged to wear gloves?
19 June 2020

These are FAQ from the Department of Business, Energy and Industrial Strategy webinars on working safely during coronavirus. If you would like to watch the webinars, you can do it on Youtube. You can keep up to date with other government coronavirus webinars for businesses here.




TfL announcement: temporary changes to the Central London Congestion Charge.
19 June 2020
  • The daily charge will increase from £11.50 to £15 per day (£17.50 for those paying during the three days after the day of travel)
  • Charging hours are extended to 07:00 to 22:00 from the current hours of 07:00 to 18:00, to reflect peak traffic hours during the epidemic.
  • Auto Pay and Fleet Auto Pay £1 daily discount will be removed.
  • The residents’ discount scheme will close to new applications from 1 August. Existing discount holders will continue to receive the discount.
  • NHS patient reimbursement scheme will be expanded. 



Job Retention Scheme (updates from June 12)
19 June 2020
  • The scheme will close to anyone who hasn’t been furloughed for 3 weeks by 30 June. The rules of the scheme are changing from 1 J‌ul‌y.
  • From 1 July, you’ll have the flexibility to bring previously furloughed employees back to work part-time, you can decide the hours and shift patterns they work to suit the needs of your business.
  • For periods starting on or after the 1 J‌ul‌y, the maximum number of employees you can claim for in any period cannot be higher than the maximum number you have claimed for in a previous period. 
  • From 1 Au‌gust, you will need to contribute towards the wage costs of your furloughed employees until the scheme ends on 31 Oc‌to‌be‌r.



Reopening or Returning to your Workplace Guidance
3 June 2020

From 15th June: All other non-essential retail can reopen as long as the social distance is in place, here is the list of businesses who must remain closed.
Preparation is vital for a smooth transition from lockdown to reopening of your business.

The 8 guides which cover a range of different types of work. Many businesses operate more than one type of workplace, such as an office, shop or a takeaway. You may need to use more than one of these guides as you think through what you need to do to keep people safe.




Future Fund
3 June 2020

These businesses have been unable to access other government business support programmes, such as CBILS, because they are either pre-revenue or pre-profit and typically rely on equity investment. The scheme will deliver an initial commitment of £250m of new government funding which will be unlocked by private investment on a match funded basis.

The application process is investor-led. This means an investor, or lead investor of a group of investors, applies in connection with an eligible company.




TfL Briefing for Businesses
3 June 2020

TFL has created a plan to help London and businesses to re-open safely. The service levels are going to be increased, however, will be operated differently due to the national requirement to maintain 2 metres distance between passengers. Hand sanitiser points will be introduced across the transport network, along with special signage and platform stickers as well as restricting entry if the necessary and one-way system. 

TFL asks businesses to help them enable social distancing wherever possible by keeping the numbers of people travelling on the network down. It is important for businesses to have discussions with their employees regarding TFL’s plans tips for planning to return to work in the coming weeks and in the longer term. 




Job Retention Scheme update
26 May 2020

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.




Local Authority Discretionary Grants Fund
20 May 2020

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.




Self-Employment Income Support Scheme
20 May 2020

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.

 




New Bounce Back Loans to launch today
4 May 2020

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.

 

 




Bounce Back Loan
30 April 2020

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 Fund
30 April 2020

Arts Council England have a number of funding opportunities for organisations and individuals within the arts




FUTURE FUND
30 April 2020

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.




BUSINESS RATES
9 April 2020

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. 




BUSINESS GRANTS
9 April 2020

Apply for the Coronavirus business grant funds:

➣ Small Business Grant Fund  - £10,000 grant payment. 

➣ Retail, Leisure and Hospitality Grant - up to £25,000. 

 




CORONAVIRUS BUSINESS INTERRUPTION LOAN SCHEME (CBILS)
2 April 2020

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”)



CORONAVIRUS JOB RETENTION SCHEME
24 March 2020

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.



GOVERNMENT CORONAVIRUS BUSINESS SUPPORT
24 March 2020

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. 




BUSINESS CRIME HUB - Covid advice
20 March 2020

"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.




HMRC HELPLINE HAS BEEN LAUNCHED
19 March 2020

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.




FINANCIAL SUPPORT FROM THE GOVERNMENT
19 March 2020

--> 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)



THE COVID-19 GUIDANCE
18 March 2020

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



WASH YOUR HANDS!
18 March 2020

Please stay healthy and follow the basic routine to protect yourself and those around you from the virus.




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