Loans, grants and funding
Coronavirus: General support for businesses
Since March 2020, we have been sending regular updates to ensure that our clients and contacts are kept up to date with the latest COVID-19 business support initiatives. You can receive these updates direct to your own inbox by completing the form below.
It was the news that every business owner was dreading, but now a second UK-wide lockdown is upon us, forcing a wide range of businesses to shut until December.
As part of their Winter Economy Plan, the government recently announced the launch of their enhanced Time to Pay service.
Open businesses which are experiencing considerable difficulty will be given extra help to retain employees as government significantly increases contribution to wage costs under the Job Support Scheme and business contributions drop to 5%.
With the UK reeling from one of the biggest economic shocks as a result of the pandemic, and with waves of the virus expected to last through the winter, businesses across the country need to rapidly adapt their practices and procedures to suit the current situation.
As uncertainty around COVID-19 continues and the colder months draw in, the next six months will be a very difficult time for businesses and their workers across Lincolnshire. Fortunately, more government support has been announced, with major changes set to begin almost immediately.
We offer a range of business support services to businesses and individuals across the East Midlands, supporting clients in Lincolnshire, Nottinghamshire, Leicestershire and Rutland.
In response to COVID-19, new changes have been announced for the Quality and Outcomes Framework (QOF). GPs across the UK must now implement these updates to reflect the impact of coronavirus on the health service.
72% of owner managed businesses say they’re confident they can retain their furloughed workers once government funding ends, according to a survey conducted by the Association of Practicing Accountants (APA).
Since the beginning of lockdown, many measures have been set out in an effort to stabalise businesses against the negative impact of COVID-19; from the initial support to protect UK high streets to more recent developments for young workers and making homes more energy efficient.
Small and medium sized businesses can now access government funding to cover or contribute towards the cost of a range of services offered by Duncan & Toplis.
After criticism of the Coronavirus Business Interruption Loan Scheme (CBILS), which has only supported 8,638 businesses to date, the government announced the Bounce Back Loan Scheme (BBLS).
One of the first packages of support to be announced for businesses affected by COVID-19 was the Coronavirus Business Interruption Loan Scheme (CBILS).
The COVID-19 pandemic has had a surprising and significant impact on the world as we know it. Many countries have experienced wide scale lockdowns and economic downturn – it truly has been the global event of a generation.