Understand what financial support is available for your business during the COVID-19 pandemic.
What’s the latest information and insight?
The UK government has announced unprecedented support for businesses to deal with the economic impacts of coronavirus over the past two years. With the most recent being announcements made on 21 December, which provided a variety of financial support across the UK who have been impacted by the government’s latest Plan B measures. This included reopening the Statutory Sick Pay Rebate Scheme and instructing HMRC to give extra flexibility through Time to Pay arrangements to those businesses in the hospitality and leisure sectors.
With some support measures set to phase out in the coming months – notably at the end of March 2022, this guidance explains the support that is still available to businesses.
UK-wide financial support
HMRC Time to Pay arrangements
The Specific CV VAT scheme has now closed. But there is still the Time to Pay system which can be used, here.