• Skip to primary navigation
  • Skip to main content
  • Skip to footer
Stripe Accountants Edinburgh

Stripe Accountants Edinburgh

Accounts For Small Businesses Edinburgh Scotland

  • Home
  • What we do
  • Testimonials
  • Meet the team
  • Our fees
  • Contact Us
  • Privacy notice
  • Blog
  • COVID-19 hub

COVID-19 latest news: small businesses

May 4, 2020 by info@stripeaccountants.com

COVID-19 latest news for small businesses

Bounce Back loan scheme

The Government have announced a new Bounce Back loan scheme, allowing small businesses hit by the impact of coronavirus measures to apply for up to £50,000, with the government guaranteeing 100% of the advance.

The ICAEW have published a news article setting out more detail on the scheme: Government launches new small business micro-loan scheme

VAT payment deferral

The UK government is supporting businesses during the coronavirus crisis by deferring VAT payments. VAT payments due before 30 June 2020 will not now need to be made until 31 March 2021.

HMRC guidance on this temporary change can be found here: Deferral of VAT payments due to coronavirus (COVID-19)

Cash grants for businesses receiving Small Business Rates Relief

For those businesses which occupy property and receive Small Business Rates Relief (Small Business Bonus Scheme in Scotland), cash grants of £10,000 will be available.

See the ICAEW summary of this scheme here for an overview.

The Coronavirus Business Interruption Loan Scheme (CBILS)

This loan scheme provides support for businesses to access funding if certain eligibility criteria are met.

See the ICAEW summary of this loan scheme here for an overview.

Creative or Tourism and Hospitality Enterprises Hardship Fund

The Scottish Government have launched this Fund to support small Scottish creative, tourism and hosptality companies who have experienced at least 50% loss of current or porjected revenue as a result of COVID-19 and have not been in receipt of any other COVID-19 related support other than the furlough scheme.

Full information can be found on the Scottish Govermnet/ Business Gateway support page here.

Filed Under: Stripe

Footer

ICAEW Chartered Accountants Logo
  • Home
  • What we do
  • Testimonials
  • Meet the team
  • Our fees
  • Contact Us
  • Privacy notice
  • Blog
  • COVID-19 hub

Keep in touch

  • Facebook
  • LinkedIn
  • Twitter

Get in touch- we would love to hear from you!

Latest from Twitter

Retweet on TwitterStripe Retweeted
AvatarScottish Music Industry Association (SMIA)@TheSMIA·
February 15, 2021

🚨 FUNDING DEADLINE REMINDER

@chambermusicsct launch Musicians' Recovery, Resilience + Growth Project in partnership w/ @RCS_TheExchange.

ℹ️ Support for Scotland-based musicians incl. coaching @LeeHollandCoach + £1000.

📅 Apply by 22 February 2021 👇
https://www.smia.org.uk/blog/chamber-music-scotland-musicians-recovery-resilience-and-growth-project/

Reply on Twitter 1361238885611806726Retweet on Twitter 13612388856118067266Like on Twitter 13612388856118067265Twitter 1361238885611806726
Retweet on TwitterStripe Retweeted
AvatarCreative Scotland@CreativeScots·
February 4, 2021

Important deadline extension alert! 👀 https://twitter.com/scottishmusic/status/1356602040932270081

Scottish Music Centre@scottishmusic

EXTENDED deadline you now have until this Sunday 11pm to APPLY for @jumpmusicmarket European festivals inc @unconvention @MaMAevent @AthensMusicWeek @mil_lisbon @linecheck_it & music industry TUTORS help develop your ideas, co-funded @europe_creative ➡ https://www.jumpmusic.eu 4

Reply on Twitter 1357373725532905473Retweet on Twitter 13573737255329054736Like on Twitter 13573737255329054733Twitter 1357373725532905473
Retweet on TwitterStripe Retweeted
AvatarScot Gov Economy@scotgoveconomy·
February 3, 2021

Businesses eligible for a top up grant from the Strategic Framework Business Fund should apply to their local authority by 5 Feb.

If you've already applied for a monthly payment & you’re eligible for a top up it will be issued automatically.

More info: https://findbusinesssupport.gov.scot/service/funding/strategic-framework-business-fund

Reply on Twitter 1356913230162128896Retweet on Twitter 135691323016212889645Like on Twitter 135691323016212889643Twitter 1356913230162128896
Load More...

Copyright © 2021 · Genesis Sample on Genesis Framework · WordPress · Log in