General support schemes for businesses are the same across the UK and are set out below. However, additional support may be available at a devolved and local level. You must be based in the devolved nation to be eligible for devolved support packages. This webpage is not legal advice.
Across the UK
Coronavirus Job Retention Scheme
This is a grant to businesses of up to £2,500 per employee with your employer contributing to pay for 80% of your wage for hours not worked. You can still come in to work a limited number of hours. You can check further details and eligibility here. This will last until 30th September 2021 – read more here. From July 2021 employers will be required to contribute 10% per employee up to £312.50. For August and September 2021 employers will be required to contribute 20% per employee up to £625, you can find how the scheme is changing from July 2021 here.
Self-Employment Income Support Scheme (SEISS)
If you are self-employed and earn under £50,000 you may be able to claim a SEISS grant of up to £7,500 or 80% of your average monthly profits (whichever if lower) if your business has been adversely affected by COVID-19. Your self-employed trading income must exceed other income, and you must have traded in the last 2 years, assessment will be based on the 2019 to 2020 Self Assessment tax return in the first instance.
A fifth SEISS grant will be available to cover the period May – September. This will be available to claim from late July, If you’re eligible based on your tax returns, HMRC will contact you in mid-July to give you a date that you can make your claim from. The fifth grant will be worth the full rate for those with turnover reduction of 30% or more. Those who have had a turnover reduction less than that will be eligible for a grant of 30% of 3 months’ average trading profits, capped at £2,850. You can find more info here.
Statutory Sick Pay Refund
Small and Medium Businesses will be eligible for a refund for Statutory Sick Pay. If you have fewer than 250 employees as of 28 February 2020, this refund will cover 14 days sick pay for any eligible employee affected by COVID-19 from the day after the regulations on the extension of Statutory Sick Pay to self-isolators comes into force. You should keep a record of absences, but you will not have to provide a GP’s sick note for the employees. This scheme is now open and you can find full application details here.
Even if your company is now insolvent, the Government can cover Statutory Sick Pay for your employees if they have or are self-isolating due to Coronavirus. The advice is for the employee to call the Statutory Payment Disputes Team Telephone: 03000 560 630, more details can be found here.
If you are likely to struggle with tax payments due to coronavirus, HMRC is offering help and support for businesses, including payment plans, suspending debt collection and cancelling penalties and interest when administrative issues arise. They can be contacted on 0800 0159 559 (8.00 – 20.00 Mon – Fri, 8.00 – 16.00 Sat, closed Bank Holidays). Find out more here.
Small Business Grant Fund
If you are eligible for Small Business Rate Relief or Rural Rate Relief, you could receive a one-off grant of £10,000 from the Small Business Grant Fund, or the relevant devolved fund for Scotland, Wales and Northern Ireland. This is for businesses with a rateable property value of up to £15,000 in England and Northern Ireland, £12,000 in Wales and £18,000 in Scotland.
For more information about other UK Government supported resources such as webinars and Growth Hubs, please click here.
Business Rate Relief
Businesses in England are eligible for a two-thirds reduction in Business Rates for the rest of the 2021/22 financial year. Your Local Authority will contact you if you are eligible.
The Cultural Recovery Fund
The Culture Recovery Fund received £300 million in the Budget as a result of this the Culture Recovery Fund: Emergency Resource Support has been announced.
This open to cultural organisations with a governing document that can show via cashflow forecast, they are at risk of ceasing to trade within 12 weeks of the point of application. The lead organisation has to be based in England.
You can apply for £25,000 to £3 million.
If you have applied for the CRF before however there is a cap of £4 million across all CRF rounds for not for profits and £1.5 million for for profit companies. You will need to use the Grantium application system (with a profile), and request permission to apply before making a full application.
This is open and you can apply for a permission to apply request until 12pm, on 30 Septemebr 2021, the full Application Deadline is 12 pm, 14 October 2021.
National Lottery Project Grants are available year round to those who engage the public in arts and culture in England, you can find out how to apply here.
You can find information about other financial support available here.
Business Rate Relief
Retail, Hospitality and Leisure businesses in Wales will be eligible for 100% Business Rate Relief in 2021/22 (here).
Arts Council Wales is a key funding point for pandemic arts funding. Please check the Arts Council Wales website (here) for further updates.
ERF Restrictions Business Fund
This fund is aimed at hospitality, tourism and leisure related supply chain sectors. Eligible applicants will receive up to £5,000.
Businesses must be on the non-domestic rates (NDR) rating list for their local authority on 1 September. Businesses not eligible for non-domestic rates will be able to continue to apply to local authorities for a Discretionary Grant of up to £2,000.
You can find more information and full eligibility criteria here.
For applying for business grants in Wales, please apply through the Business Wales website which you can accessed here.
You can also get additional help, advice and support through the Business Wales, you can find more about the support available for the cultural sector in Wales here, and they can be reached via phone at 030 006 03000.
Business Rate Relief
For more information on how to apply for the Business Rate relief and grant schemes in Scotland, please see the Scottish Government website here.
All properties in Scotland will receive 1.6% in rate relief, effectively freezing the poundage rate next year.
Creative Scotland Open Fund for Organisations
If you are looking at new ways of working or sustaining your business Creative Scotland may be able to help through the Open Fund for Organisations. This is not an emergency support fund but intended to support innovation in the Scottish creative sector through the pandemic, more details can be found here.
Scottish businesses should contact the Scottish Government Business helpline on 0300 303 0660. The helpline will be open Monday to Friday 8.30am to 5.30pm. Find out more here.
You can find general guidance on re-opening the arts here.
Northern Ireland has received £33 million for the arts (here).
Updates will be posted on the Northern Ireland Executive website here.