Coronavirus information for businesses

Coronavirus information for businesses

The package of measures announced by government to support businesses through the period of disruption caused by coronavirus (COVID-19)

Find the latest information on the government website.

This includes reference to:

  • Coronavirus Job Retention Scheme: HMRC will reimburse 80% of furloughed workers wage costs, up to a cap of £2,500 per month
  • The Coronavirus Business Interruption Loan (CBIL):  delivered by the British Business Bank. The CBIL will launch this week (w/c 23 March 2020) to support primarily small and medium-sized businesses to access bank lending and overdrafts. Further information can be found on the British Business Bank CBIL webpage. If you’re interested in applying to the CBIL you should talk to your bank or finance provider, not the British Business Bank, as soon as possible and discuss your business plan with them.
  • Deferral of VAT and Income Tax payments 
  • Statutory sick pay relief package for SMEs 
  • Support on business rates including retail, hospitality and leisure businesses  and nurseries 
  • Loans and grants including for retail, hospitality and leisure businesses 
  • Support for larger firms through the COVID-19 Corporate Financing Facility

Find information for business rate discounts and grants.

Further information and support can also be found from:

Answers to questions are being compiled on the Business Support website.

If you have a query that isn’t covered by the government guidance you can contact the Business Support Helpline. Contact details below:

Phone: 0300 456 3565
Email: enquiries@businesssupporthelpline.org

We appreciate that impacts to business will have subsequent impacts to individuals. Read our guidance on benefits and financial help.

We expect to announce further specific guidance for Bristol in the coming week so please refer back to this page for updates.

Self-Employed Income Support Scheme

The Chancellor of the Exchequer announced a Self-Employed Income Support Scheme taking the form of a cash grant worth 80% of average monthly trading profit over the last three years.

It'll be:

  • open to those with a trading profit of less than £50,000 in 2018-19, or an average trading profit of less than £50,000 from 2016-17, 2017-18 and 2018-19
  • accessible no later than beginning of June

Business closures

The government ordered all ‘non-essential’ businesses and venues to close to limit the spread of coronavirus (COVID-19). It's important all businesses follow the new guidance

See the full list of businesses and venues ordered to close on GOV.UK.

Takeaway and delivery services can stay open (GOV.UK).

To tell us about a business that isn’t following the government’s order, call 0117 922 2500.