COVID-19 Advice for Businesses
Please find below links to official advice in relation to the Coronavirus Covid-19.
Please read the information carefully and we will endeavour to update you as and when we have any more information.
Flintshire Start Up Grant
The Start Up Grant was operated on a first come first served basis. Unfortunately the Start Up Grant is now fully committed and no further applications are being considered.
Central Government Updates
Public Health Wales
Advice for employers on dealing with coronavirus and supporting your employees
Welsh Government Updates
Business Wales Updates
FOR ALL BUSINESSES
GUIDANCE FOR EMPLOYERS - TEST TRACE PROTECT
The Test, Trace and Protect employer guidance page is now live:
Contact tracing and updated TTP questions were published yesterday, links are:
Business Interruption Loan
The Coronavirus Business Interruption Loan Scheme (CBILS) supports a wide range of business finance products, including term loans, overdrafts, invoice finance and asset finance facilities and can provide facilities of up to £5m for smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions to their cashflow. The CBILS website is the best source of up to date information.
Bounce Back Loan
This scheme will help small and medium-sized businesses affected by coronavirus (COVID-19) to apply for loans of up to £50,000.
This scheme is not available yet. It will launch on 4 May 2020.
The Bounce Back Loan scheme will help small and medium-sized businesses to borrow between £2,000 and £50,000.
The government will guarantee 100% of the loan and there won’t be any fees or interest to pay for the first 12 months.
Loan terms will be up to 6 years. No repayments will be due during the first 12 months. The government will work with lenders to agree a low rate of interest for the remaining period of the loan.
The scheme will be delivered through a network of accredited lenders.
For further information please visit https://www.gov.uk/guidance/apply-for-a-coronavirus-bounce-back-loan
HMRC has a set up a phone helpline to support businesses and self-employed people concerned about not being able to pay their tax due to coronavirus (COVID-19). For further information please visit the GOV.UK website.
Coronavirus Job Retention Scheme
Applications for new employees to be placed on the Job Retention Scheme were closed on 10th June. For more information please visit https://www.gov.uk/guidance/claim-for-wages-through-the-coronavirus-job-retention-scheme
Economic Resilience Fund
The Economic Resilience Fund is broken down as follows:
- £100m COVID-19 Wales Business Loan Scheme administered by Development Bank of Wales (which is fully subscribed)
- £100m fund to support microbusinesses
- £300m fund to support SMEs and large businesses
The Economic Resilience Fund for microbusinesses is now closed.
Statutory Sick Pay Support
The UK Government is bringing forward legislation to allow small and medium-sized businesses and employers to reclaim Statutory Sick Pay (SSP) paid for sickness absence due to coronavirus. The eligibility criteria for the scheme will be as follows:
- this refund will cover up to two weeks’ SSP per eligible employee who has been off work because of COVID-19
- employers with fewer than 250 employees will be eligible - the size of an employer will be determined by the number of people they employed as of 28 February 2020
- employers will be able to reclaim expenditure for any employee who has claimed SSP (according to the new eligibility criteria) as a result of COVID-19
- employers should maintain records of staff absences and payments of SSP, but employees will not need to provide a GP fit note
- the eligible period for the scheme will commence the day after the regulations on the extension of Statutory Sick Pay to those staying at home comes into force
- the government will work with employers over the coming months to set up the repayment mechanism for employers as soon as possible
FOR RETAIL, LEISURE AND HOSPITALITY AND SMALL BUSINESSES
Welsh Government have announced that all retail, leisure and hospitality businesses with a rateable value under £500,000 will now receive 100% non-domestic rates relief in 2020-21.
This is in addition to the existing Small Business Rates Relief schemes.
To apply for retail relief please click here
FOR CHARITABLE ORGANISATIONS
SUPPORT AND ADVICE FOR SELF EMPLOYED
Please see the latest information and support for self-employed businesses and entrepreneurs here.
FEDERATION OF SMALL BUSINESS (FSB)
FSB’s Coronavirus Hub – for further information please visit:
FSB membership benefits are vast and new members can start benefitting straight away – for further information please visit:
GENERAL SUPPORT FOR YOU DURING COVID-19 PANDEMIC
Have you been effected by the current pandemic sweeping the country? For information on employment, mentoring, citizens advice, benefits, family information services and housing please follow this link.
FOR EMPLOYERS INTRODUCING HOME/FLEXIBLE WORKING
Information on Home/ Flexible working.