Coronavirus assistance for UK businesses

24/03/2020, 12:29 PM by Frank Allain
Installsure information update - Coronavirus assistance available to UK based businesses
An update on the Coronavirus Job Retention Scheme and other forms of government assistance for UK businesses affected by the spread of Covid-19.

 

Update 26/03: The government has issued updated guidance on which businesses and premises must now close to help stop the spread of Covid-19, as well as guidance around repair and maintenance work carried out in people's homes.
> Read the updated guidance for UK businesses

Quick link: Visit the UK Government Coronavirus Business Support website

Here at Installsure we wanted to update you on how we are adapting to the Coronavirus outbreak. At a time when everyone will understandably be concerned, we will continue to provide installers and homeowners with outstanding service, reassurance and expertise. Our entire team are working remotely and at full capacity, ready to help you.

Coronavirus Job Retention Scheme

We'll be striving to keep you updated on any developments that may affect your business and today we wanted to share some information about the Coronavirus Job Retention Scheme, announced last week by the government.

All UK-based businesses will have access to the scheme to help pay wages of staff that would otherwise have been laid off. Please take a look at this PDF for more information on how this could help your business over the coming months.

Additional assistance for small businesses

The chancellor has also announced a number of financial packages aimed at helping small businesses get through the next few months. They’ve agreed to guarantee 80% of business loans and they’ll be interest free for the first 12 months.

They’ve also agreed you can defer your VAT payments for three months from 30th March to 30th June and you can defer your income tax self-assessment payments by six months until the 31st January 2021. For more information on deferring income tax and VAT payments please click here.

For more information

To see the full range of business support packages available to UK businesses and employees, visit the Coronavirus Business Support website. 

We've also collected below some useful links that might be helpful for you and your business:

Our team is ready to help

Should you have any questions then please do not hesitate to contact our team.

We want you to know we will do everything in our power to help you through the next few months and to enable you to hit the ground running when things return to normal.