Here are 5 key things the government are doing to support local companies as they start to reopen over the coming months.
1. RESTART GRANTS - grants of up to £18,000 are available to help certain small businesses get back on their feet (conditions apply).
2. SELF-EMPLOYMENT GRANTS (SEISS SCHEME) - as mentioned in a previous post and again there is eligibility criteria.
3. VAT CUTS & BUSINESS RATES - For the hospitality and leisure industries, the VAT cut from 20% down to 5% has been extended and the business rate cuts, introduced last year are also carrying on.
4. HELP TO GROW PROGRAM - Help To Grow Management is designed to help businesses acquire new management skills and Help To Grow Digital can provide vouchers for up to £5000 for new software.
5. KICKSTART SCHEME - 190,000 jobs have been created for young people to ensure that the pandemic doesn't adversely affect the younger generation and their chances for employment.
Further details of these schemes and programs can be fo...
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