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Updated: 18 November 2020
Quick links to information on this page
- Local Restrictions Support Grant (LRSG) (Closed) – Mandatory Scheme
- Additional Restrictions Grant
- COVID 19 - Working safely during coronavirus (COVID-19)
- Social Distancing Measures
- Support for businesses through the Coronavirus Job Retention Scheme
- Support for businesses that pay business rates
- Support for self-employed through the Self-employment Income Support Scheme
- Heart of the South West Growth Hub
- Business Support
- COVID 19 - Business Interruption Loan Scheme
- British Business Bank Finance Hub
- Support for businesses and self-employed people concerned about not being able to pay their tax due to Coronavirus
- Funding Opportunities
- Employer & Employee Advice
The Chancellor has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-19.
This includes a package of measures to support businesses including:
- a Coronavirus Job Retention Scheme
- deferring VAT and Income Tax payments
- a Self-employment Income Support Scheme
- a Statutory Sick Pay relief package for small and medium sized businesses (SMEs)
- a 12-month business rates holiday for all retail, hospitality, leisure and nursery businesses in England
- 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
We hope the information below is helpful.
Local Restrictions Support Grant (LRSG) (Closed) – Mandatory Scheme
Following the Government’s announcement of the new national restrictions, local authorities will administer a new Local Restrictions Support Grant (LRSG) to businesses which provide direct in-person services from premises and so have been required to close from 5th November until 2nd December. See the full Government guidance.
The Government's list of business types which must close for this period includes businesses providing non-essential retail; personal care facilities; hospitality venues and leisure/entertainment. Please read the Government's guidance for businesses to determine if you are eligible.
Businesses required to close in England due to local or national restrictions will be eligible for the following:
- For properties with a rateable value of £15,000 or under, grants to be £1,334 per four weeks
- For properties with a rateable value of over £15,000 and below £51,000, grants to be £2,000 per four weeks
- For properties with a rateable value of £51,000 or over grants to be £3,000 per four weeks
To make a claim, complete the LRSG Application Form.
Additional Restrictions Grant
The Additional Restrictions Grant (ARG) is there to support businesses that have had their trade affected by restrictions through a national Lockdown, or if Exeter is placed in a Local COVID Alert Level Very High area.
A policy for Exeter is being developed and will be available on this webpage. When the policy is finalised it will be announced on our news website. Each local authority has the discretion to establish business grant schemes or other business support as best fits their area, to support their local economy.
COVID 19 - Working safely during coronavirus (COVID-19)
Find out how to make your workplace COVID-secure.
Government has published 14 guides covering a range of different types of work. Many businesses operate more than one type of workplace, such as an office, factory and fleet of vehicles. You may need to use more than one of these guides as you think through what you need to do to keep people safe. Further guidance will be published as more businesses are able to reopen.
Social Distancing Measures
As a country, we all need to do what we can to reduce the spread of the COVID-19 virus.
There are three simple actions we must all do to keep on protecting each other
- Wash hands keep washing your hands regularly
- Cover face wear a face covering in enclosed spaces
- Make space stay at least 2 metres apart - or 1 metre with a face covering or other precautions
This guidance is helping to reduce the spread of the virus and reduce the mounting pressure on our NHS, allowing those most affected with COVID-19 to access the care they need.
Full guidance from Government in relation to businesses that should now be closed, can be found here;
Where necessary, the government will move to enforce compliance with all social distancing measures by law.
Social distancing measures have been put in place in the city centre, Magdalen Road, The Quay, Topsham, Cowick Street and Heavitree. These have been funding by the Re-Opening Safely High Street Fund.
This project is part funded by the European Regional Development Fund.
Support for businesses through the Coronavirus Job Retention Scheme
The Coronavirus Job Retention Scheme (Furlough) has been extended until 31 March 2021.
The guidance on this page reflects the rules up to and including 31 October 2020.
We will update this page shortly to:
- tell you when you can claim the extension
- include the rules relating to the extension
Under the Coronavirus Job Retention Scheme, all UK employers with a PAYE scheme will be able to access support to continue paying part of their employees’ salary for those that would otherwise have been laid off during the crisis.
You can now only claim if you have previously furloughed your employee before 30 June and you have submitted a claim for this by 31 July. This may differ if you have an employee returning from statutory parental leave.
For full guidance on eligibility, please visit; https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme
Support for businesses that pay business rates
Business rates holiday for retail, hospitality and leisure businesses
The government is introducing a business rates holiday for retail, hospitality and leisure businesses in England for the 2020 to 2021 tax year. Businesses that received the retail discount in the 2019 to 2020 tax year will be rebilled by their local authority as soon as possible.
You can estimate the business rate charge you will no longer have to pay this year using the business rates calculator.
How to apply: You do not need to do anything. This will apply to your next tax bill in April 2020. However, local authorities may have to reissue your bill automatically to exclude the business rate charge. They will do this as soon as possible.
Support for nursery businesses that pay business rates
A business rates holiday for nurseries in England for the 2020 to 2021 tax year will be introduced.
How to apply: You do not need to do anything. This will apply to your next tax bill in April 2020. However, local authorities may have to reissue your bill to exclude the business rate charge. They will do this as soon as possible.
More Information can be found on our Business Rates Pages:
Support for self-employed through the Self-employment Income Support Scheme - Grant Extension
Applications for the Self-employment Income Support Scheme Grant Extension will available from 30 November 2020.
The grant extension provides critical support to the self-employed in the form of 2 further grants, each available for 3 month periods covering November 2020 to January 2021 and February 2021 to April 2021.
To be eligible for the Grant Extension self-employed individuals, including members of partnerships, must:
- have been previously eligible for the Self-Employment Income Support Scheme first and second grant (although they do not have to have claimed the previous grants)
- declare that they intend to continue to trade and either:
- are currently actively trading but are impacted by reduced demand due to coronavirus
- were previously trading but are temporarily unable to do so due to coronavirus
The extension will last for 6 months, from November 2020 to April 2021. Grants will be paid in 2 lump sum instalments each covering a 3 month period.
The third grant will cover a 3 month period from 1 November 2020 until 31 January 2021. The Government will provide a taxable grant calculated at 80% of 3 months average monthly trading profits, paid out in a single instalment and capped at £7,500 in total.
The Government has already announced that there will be a fourth grant covering February 2021 to April 2021. The Government will set out further details, including the level, of the fourth grant in due course.
The grant does not need to be repaid if you’re eligible, but will be subject to Income Tax and self-employed National Insurance.
HMRC will work out if you’re eligible and how much grant you may get. But you can follow these steps to help you understand how we will do this and what you can do now.
How to apply
The online service for the next grant will be available from 30 November 2020. HMRC will provide full details about claiming and applications in guidance on GOV.UK in due course.
For full guidance on eligibility, please visit; https://www.gov.uk/government/publications/self-employment-income-support-scheme-grant-extension/self-employment-income-support-scheme-grant-extension
Heart of the South West Growth Hub
You can keep up to date with the latest information and advice plus guidance for employers and business on the Heart of the South West website.
General enquiries firstname.lastname@example.org Telephone 03456 047 047
You can contact the government’s Business Support Helpline for free advice.
0300 456 3565, Monday to Friday, 9am to 6pm
COVID 19 - Business Interruption Loan Scheme
This scheme has been extended until 31 January 2021
The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial support to smaller businesses (SMEs) across the UK that are losing revenue, and seeing their cash flow disrupted, as a result of the COVID-19 outbreak.
CBILS has been significantly expanded along with changes to the scheme’s features and eligibility criteria. The changes mean even more smaller businesses across the UK impacted by the coronavirus crisis can access the funding they need.
Importantly, access to the scheme has been opened up to those smaller businesses that would have previously met the requirements for a commercial facility but would not have been eligible for CBILS. Insufficient security is no longer a condition to access the scheme.
British Business Bank Finance Hub
A number of private lenders and banks are also making funds available to small businesses impacted by COVID-19.
Businesses can also access a range of finance through the Government-owned British Business Bank, visit the Bank's Finance Hub below for further information.
Support for businesses and self-employed people concerned about not being able to pay their tax due to Coronavirus.
All businesses and self-employed people in financial distress, and with outstanding tax liabilities, may be eligible to receive support with their tax affairs through HMRC’s Time To Pay service. These arrangements are agreed on a case-by-case basis and are tailored to individual circumstances and liabilities. These businesses can contact HMRC’s dedicated COVID-19 helpline for advice and support. To ensure ongoing support, HMRC have made a further 2,000 experienced call handlers available to support firms and individuals when needed. If you are concerned about being able to pay your tax due to COVID-19, call HMRC’s dedicated helpline on 0800 024 1222.
We regularly carry news of available funding opportunities within our Business Newsletter (issued fortnightly), you can sign up for the Newsletter here;
Employer & Employee Advice
ACAS Advice for Employers & Employees
Coronavirus information for employers and employees which is updated daily includes information on statutory redundancy pay or redundancy rights
ACAS helpline on 0300 123 1100
Coronavirus and Claiming Benefits
For those with queries about benefit claims – new and existing, in relation to Coronavirus;