COVID-19: financial support for small and medium-sized businesses

Please Note: All information correct at time of writing on 24 March 2020. We do our very best to make sure our information is as up to date as possible, but we’d encourage you to check out our latest articles and to check the government website for updates as they happen.

On Friday 20 March the Chancellor Rishi Sunak announced the government’s plan to help businesses access grants to cover 80% of the wage costs of furloughed workers (those who have no work but who are being retained on payroll rather than made redundant) up to a maximum of £2500 per month per employee.

At the moment the government has not produced any further details of how these funds can be accessed, but we are expecting details to be announced by HMRC very shortly.

You may be asking yourself what your business has to do in the meantime when you need access to funds now? There are a number of sources of funds/relief available.

In this exclusive new guide, we’ve summarised the funds available for small to medium-sized businesses, which businesses are eligible and guidance on how to access them.

Download your FREE copy today simply by entering your details in the form opposite. And remember to share this link with anyone in your network you think could benefit from this information.