COVID-19 support package for business announced In response to the Coronavirus outbreak, the Growth Platform have compiled a suite of resources and support for businesses and employers in Liverpool City Region who may be affected. https://growthplatform.org/business-covid-19-advice Advice and Guidance for small businesses and Federation of Small Businesses and the self-employed https://www.fsb.org.uk/resources-page/advice-to-small-businesses-and-fsb-members-about-the-novel-coronavirus-covid-19.html The Chancellor has announced a £330 billion package of support measures to ensure the impact of COVID-19 on business is minimised. The measures are in addition to those announced in the Budget and include: UK-wide A local authority cash grant of £10,000 for businesses that are currently eligible for Small Business Rate Relief or Rural Rate Relief, to help meet their ongoing business costs. Grants of £25,000 to retail, hospitality and leisure businesses operating from smaller premises with a rateable value over £15,000 and below £51,000. Employers will be refunded by the Government for the cost of providing 14 days’ statutory sick pay for employees who...Read More >
The Government have announced a number of measures to support businesses during the Covid 19 crisis https://growthplatform.org/business-covid-19-advice/ As of yet we have not received information on how these grants or loans will be administrated, we are working closely Liverpool City Region Growth Platform & Sefton Council’s Business Rates team to ensure that as soon as this information becomes available we will let you know. As soon as we have more information to share we will update the InvestSefton website (www.investsefton.com), our Twitter page @InvestSefton and we will also send a mailshot to our mailing list. If you are not already a subscriber we would urge you to join our mailing list by contacting us at email@example.com or call 0151 934 3452. Sefton Growth Hub is here to support your business if you want to talk to someone do not hesitate to call us 0151 934 3452.
Following this week’s budget announcement, the Government has announced changes that may affect some Business Rate payers: Small businesses in receipt of Small Business Rate Relief will be eligible for a grant of £3000 Businesses eligible for Retail Discount will received 100% discount for one year from 1st April 2020. Pub Relief will be increased to up to £5000 for one year from 1st April 2020 The Government has not yet provided the detail of the proposed changes to local Councils and so Sefton Council is not yet able to confirm who is eligible and when the new discounts can be applied. InvestSefton will liaise closely with Sefton Council’s Business Rates team and as soon as more information is available the Council’s website will be updated. Visit the website at www.sefton.gov.uk where news will be available when we have it. In the meantime if you need any other general business advice please contact us here at InvestSefton.