Coronavirus support for businesses
The government outlined financial relief for businesses to support you during the outbreak of Coronavirus (COVID-19). From this page you can find out how to access the support, find out more about the grants and loans that may be available for your business and read the latest business related advice. You can also use this Government online business support finder to see what support is available for you and your business.
Please visit our dedicated webpage for guidance on running your business safely and your responsibilities as an employer or employee.
Details on eligibility for each scheme can be found below which may differ depending on your businesses circumstances.
ARG High Street Recovery Grant
North West Leicestershire District Council have launched a new fund to help support the reopening and recovery of our high streets in towns and local centres across the District. Grants will be made available to eligible businesses who take on vacant commercial premises. The funding is designed to give new high street businesses the best chance to succeed in their new venture.
This grant programme will provide small grant funding for eligible businesses by providing one off grant of £1,000 to businesses signing up to a minimum 12-month lease on a vacant high street property within Ashby, Coalville, Castle Donington, Ibstock, Kegworth, Measham or other local centres within North West Leicestershire.
High Street recovery grants will be made available to businesses who have taken on a vacant high street property since 1 April 2021.
Businesses who have taken on a vacant property between 1 January 2021 and 31 March 2021 may also be eligible for the High Street recovery grant IF the business had:
- Not been able trade due to Covid restrictions and
- Not been in receipt of other Covid relief funding.
Businesses looking to apply for a High Street Recovery Grants will be required to review the ARG High Street Recovery Grant Guidance (PDF Document, 0.46 Mb)
If you are eligible for the ARG High Street Recovery Grant you can apply by completing a simplified one stage ARG High Street Recovery Grant Application (PDF Document, 0.13 Mb)
Please send your completed application by email to firstname.lastname@example.org.
Applications will be considered on a first come first served basis.
The ARG High Street Recovery Grant is a discretionary fund that will close to new applications on Tuesday 30 November 2021 or earlier should the grant become oversubscribed.
For more information please contact the Economic Development and Regeneration Team on email at email@example.com.
New Government Loan Recovery Fund Launched
A new government-backed loan scheme launched on 6 April 2021 to provide additional finance to those businesses that need it.
• new loan scheme will provide further support to protect businesses and jobs
• loans will include 80% government guarantee and interest rate cap
• government has backed £75 billion of loans to date as part of unprecedented £350 billion wider support package
The Recovery Loan Scheme will ensure businesses continue to benefit from Government-guaranteed finance throughout 2021.
Further details, eligibility criteria and links to find an accredited Recovery Loans lender can be found on this link: https://www.gov.uk/guidance/recovery-loan-scheme
Statutory Sick Pay Rebate Scheme
The recently announced Coronavirus Statutory Sick Pay Rebate Scheme will go live from Tuesday 26 May, when a new online service will be launched for small and medium-sized employers - with fewer than 250 employees - to recover Statutory Sick Pay (SSP) payments they have made to their employees.
Employers will receive repayments at the relevant rate of SSP that they have paid to current or former employees for eligible periods of sickness starting on or after 13 March 2020.
Coronavirus Job Retention Scheme
How can I access financial support for employees’ wages?
The government has announced that the Coronavirus Job Retention Scheme (CJRS), which provides support for employees’ wages. The scheme runs until 30th September 2021. The scheme will provide grants to employers to pay 80% of wages for employees not working, up to £2,500 a month. Employers will need to cover National Insurance and employer pension contributions but will not be required to contribute towards salary costs as previously required. Employers may top up salaries to 100% if they wish.
You can check if you can claim and make a claim online.
In the unfortunate position of having to make staff redundant?
If you have to make redundancies, Jobcentre Plus can give you and your employees support and advice through its Rapid Response Service.
Support could include:
- helping people facing redundancy to write CVs and find jobs
- providing general information about benefits
- helping people to find the right training and learn new skills
- helping with costs like travel to work expenses
Jobcentre Plus may also provide on-site support for large scale redundancies.
Acas has an online redundancy helpline.
How to get help
To find out how your business can use the Rapid Response Service, email firstname.lastname@example.org and include:
- your contact details
- the town(s) your business is based in (including postcodes)
- the location(s) of the redundancies
HMRC COVID-19 tax helpline (GOV.UK)
If you run a business or are self-employed and are concerned about paying your tax due to coronavirus, you can call HMRC’s helpline for help and advice: 0800 0159 559.
Last updated: Thu 16 September, 2021 @ 14:09