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Support for small & medium sized businesses

We are working closely with the Government to get businesses the support they need. On this page we have set out a few things that as a small business operating in the Solent region you should consider.

Government Support Schemes

A full range of business support measures have been made available for businesses and employees which we have highlighted below:

Coronavirus Business Interruption Loan Scheme Business Rates Holiday for Retail, Hospitality & Leisure Cash Grant for Retail, Hospitality & Leisure
Coronavirus Job Retention Scheme Government Support Schemes

Statutory Sick Pay Rebate Scheme

 

Small Business Grant Funding Business Rates Holiday for Nurseries VAT Deferral 

Business Resilience Programme 

We have set up a 12-hour fully funded programme in partnership with BDO to help businesses review their plans and strategies so that they can be more resilient when things like Coronavirus or other economic shocks occur.

To find out how it works and how to apply, click here

Remote Working

With an increasing need for self-isolation and social distancing, many businesses are making the move towards remote working, or working from home.

For those who are moving towards dispersing their operations into people's homes, there is much advice and support:

Getting the most from remote working 

Working from home

Coronavirus: five tips on running a remote working drill

Protection from eviction for commercial tenants

All commercial tenants in England, Wales and Northern Ireland who cannot pay their rent because of COVID-19 will be protected from eviction. These measures will mean no business will automatically forfeit their lease and be forced out of their premises if they miss a payment up until 30 June. There is the option for the government to extend this period if needed.

This is not a rental holiday. All commercial tenants will still be liable for the rent. Commercial tenants are protected from eviction if they are unable to pay rent. Find out more here

Adapting your business during the Coronavirus pandemic

Many businesses are being severely effected by the pandemic as their usual services, products or systems cannot continue in the current environment. There might be some ways that you can redeploy or adapt your activities during this period.

If you would like to discuss anything in more detail with our Advisers, email us so we can arrange a time to speak with you.

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