The Chancellor has announced a range of measures designed to help businesses through the difficult times ahead casued by the Coronavirus outbreak.
a Coronavirus Job Retention Scheme
deferring VAT and Income Tax payments
a Statutory Sick Pay relief package for SMEs
a 12-month business rates holiday for all retail, hospitality and leisure businesses in England
small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief
grant funding of £25,000 for retail, hospitality and leisure businesses with property with a rateable value between £15,000 and £51,000
the Coronavirus Business Interruption Loan Scheme offering loans of up to £5 million for SMEs through the British Business Bank
a new lending facility from the Bank of England to help support liquidity among larger firms, helping them bridge coronavirus disruption to their cash flows through loans
the HMRC Time To Pay Scheme
ADAMS WATKINS & CO. SERVICE UPDATE
Service during the Coronavirus outbreak
During this difficult period we intend to carry on providing a full service to all of our clients. However, for the health of our staff and clients, we will not be undertaking any face to face meetings. The vast majority of our work is done remotely, so we do not expect there to be any issues relating to producing work in a timely fashion.
We will be reviewing all of the latest information published by the government in respect to helping businesses through the coming months. Once the full details of the schemes are available we will be contacting our clients, on an individual basis to discuss what help is available to them. Due to high demand for our advice at this time we, respectfully, ask to to submit an questions to us via e-mail.