Coronavirus Business Support

Coronavirus Business Support

During these unprecedented times Perth & Kinross Council is here to offer assistance to businesses and can provide you with advice and funding relating to the following.

We will continue to monitor the situation, and regularly review the support we can offer to ensure it remains useful and relevant. Any business who would welcome further advice or support should contact the team who will do their best to help you: businessdevelopment@pkc.gov.uk

Local level: www.pkc.gov.uk/coronavirus/business

National Level: findbusinesssupport.gov.scot/coronavirus-advice

Quick Links for Financial Support Measures

Business Support: General advice and links to all measures can be found on the FindBusinessSupport.Gov.Scot website

Business Support Fund: Businesses of all sizes in Perth & Kinross can access the Coronavirus: Business Support Fund. We urge you complete this as soon as possible and to ensure you have completed all sections in full, including uploading addtional information. The grant package includes the following:

  • £10,000 grants for small businesses in receipt of the Small Business Bonus Scheme or Rural Relief for rates
  • £25,000 grants for hospitality, leisure and retail properties with a rateable value between £18,000 and £51,000
  • The above links now provide access for self-catering accomdation

Coronavirus Business Interruption Loan Scheme: (CBILS) is now available through participating lenders and can provide facilities of up to £5m for smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions in their cashflow.

Funding for Furloughed Employees: Claim 80% of wages for Furloughed workers through the Coronavirus Job Rentention Scheme. Under this scheme, your employees will be classified as furloughed workers. This means that they are kept on your payroll, rather than being laid off.

Support for Employees with Sick or Isolating Note: The Scottish Government has brought forward legislation to allow small and medium sized businesses and employers to reclaim Statutory Sick Pay (SSP) paid for sickness absence due to COVID-19. See more on the Gov.uk website.

Defer VAT and Income Tax: If you’re a UK VAT registered business and have a VAT payment due between 20th March 2020 and 30th June 2020, you have the option to defer the payment until a later date – you must submit your VAT return as normal. More Info.

For income Tax Self-Assessment, payments due on the 31st July 2020 may be deferred until 31st January 2021. This is an automatic offer with no applications required.

Self Employed: The Self-employment income Support Scheme (SEISS) will support self-employed individuals (including members of partnerships). This scheme will allow you to claim a taxable grant worth 80% of your trading profits up to a maximum of £2,500 per month for the next 3 months. Claim a grant through the Self-employment income Support Scheme.

Useful Contacts

Change to HMRC helpline number

HMRC have experienced some strain in their network provider as more people across the UK are staying at home, so they have now changed their number.

  • The new helpline number is 0800 024 1222
  • Open from 8am – 4pm Monday to Friday

More information on the Tax helpline to support businesses affected by coronavirus (COVID-19) can be found here.

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