Coronavirus (COVID-19) – support for business
The Chancellor has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-19.
All coronavirus related business advice and information is bought together here .
The pages will advise you how to access the support, who is eligible, when the schemes open and how to apply.
As the virus progresses, and it’s impact understood, further updates will be provided.
The package includes measures to support businesses including:
- a Coronavirus Job Retention Scheme
- deferring VAT and Income Tax payments
- a Statutory Sick Pay relief package for SMEs
- a 12-month business rates holiday for all retail, hospitality and leisure businesses in England
- small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief
- grant funding of £25,000 for retail, hospitality and leisure businesses with property with a rateable value between £15,000 and £51,000
- the Coronavirus Business Interruption Loan Scheme offering loans of up to £5 million for SMEs through the British Business Bank
- a new lending facility from the Bank of England to help support liquidity among larger firms, helping them bridge coronavirus disruption to their cash flows through loans
- the HMRC Time To Pay Scheme
Latest COVID-19 News
- “Urgent” changes needed to vaccine rollout.“Urgent” changes are needed to the vaccine rollout in Wales, according to a letter from Bridgend MP, Jamie Wallis, to First Minister, Mark Drakeford. Dr… Read More »Support for Business
- Jamie Wallis MP calls for support to vital tourism and hospitality industryDuring a Economic debate in the House of Commons yesterday (Monday 11th January), Bridgend MP, Jamie Wallis, asked Rishi Sunak, the Chancellor of the Exchequer,… Read More »Support for Business
- Bridgend Local Lockdown AnnouncementToday, Monday 21st September, it has been announced by the Welsh Government that Bridgend County Borough will be placed in a local lockdown, like those… Read More »Support for Business
- New Coronavirus rules come into force in WalesFrom today, Monday 14th September, face coverings are mandatory in indoor public places, like shops. Under 11s and people with health conditions don’t have to… Read More »Support for Business
- COVID-19: Statement on Bryntirion and Archbishop SchoolsMany parents and residents will have seen the recent news about more than 200 pupils at a school in Bridgend have been asked to self-isolate… Read More »Support for Business