Open for Business; building our recovery #3: Flexible Furloughing, Discretionary Grants & SSP

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There has been key updates to the Job Retention Scheme and its flexibility, in addition to a range of important Government Business Support schemes.

Flexibile Furloughing Find out how much you can claim to cover wages for employees on temporary leave (‘furlough’) due to coronavirus (COVID-19) and how the scheme is now changing to increase its flexibility: Flexible Furloughing – Extension details New step-by-step guide to claim

Trade Credit Insurance Schemes Government to provide guarantees of up to £10 billion to Trade Credit Insurance schemes for business-to-business transactions  Find out more

The Local Authority Discretionary Grant Fund This supports small and micro businesses that are not eligible for other grant schemes now available

The Self-Employment Income Support Scheme will be extended This will give more security to individuals whose livelihoods are adversely affected by Coronavirus: Details on extension New guidance on claiming Video on how to claim

The Coronavirus Large Business Interruption Loan Scheme (CLBILS) This provides financial support to larger businesses affected by coronavirus (COVID-19) and has now been expanded, businesses can now borrow up to a maximum of £200 million. Find out more

Taxable expenses and benefits Find out about when they are paid to employees because of coronavirus and how to report them to HMRC

You can now claim for employees who are self-isolating If they’ve been notified by the NHS or public health bodies that they’ve come into contact with someone with coronavirus Find out more

SSP The video guide to the Statutory Sick Pay rebate scheme has been updated:

Updated information on which apprentices should be prioritised Relating to face-to-face training from 15 June, and details of the flexibility that enables apprentices to take end-point assessment ahead of receiving their calculated functional skills qualification results: Read the update

Guidance for manufacturers and makers of face coverings Compliance with the General Product Safety Regulations 2005: Read it

The Government’s roadmap for how and when the UK will adjust its response to the COVID-19 A print-ready version in response to demand Read it

Make sure to read other items in: IPIA Bulletins or Industry News. Or watch video clips in the two hubs, Video Hub or Big Breakfast Video Hub.
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