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Coronavirus outbreak

 

Business advice & guidance 31/3/20


The Government has posted an updated Coronavirus FAQ for businesses  which covers some of the mostly commonly asked questions about business support during the pandemic.

The Business Growth Hub has excellent resources including toolkits and frequently asked questions in tackling issues raised by COVID-19.

Tameside Council also has local information and contact routes through the support for business section of our website.

Tameside's Business Rates team have updated their page with details of the COVID-19  Business Grants and Rates Holidays Schemes.
 
Job Retention Scheme
The Government has released more details on how the Job Retention Scheme, which will pay for 80% of furloughed employees salaries, will work.

The Coronavirus Job Retention Scheme is a temporary initiative open to all UK employers for at least three months starting from 1 March 2020. It is designed to support employers whose operations have been severely affected by coronavirus.

Employers can use a portal to claim for 80% of furloughed employees’ (employees on a leave of absence) usual monthly wage costs, up to £2,500 a month, plus the associated employer National Insurance contributions and minimum automatic enrolment employer pension contributions on that wage. Employers can use this scheme at anytime during this period.

The portal for claiming this grant funding is expected to be available by the end of April 2020.

The new guidance covers questions regarding:
 
As soon as the portal is available we will link to if from our Coronavirus Information Web Page and the Tameside Council Twitter account.
 
Self-Employment Support Package
The Government set out plans that will see the self-employed receive up to £2,500 per month in grants for at least three months (paid from June 2020).

Tameside residents could benefit from the new Self-Employed Income Support Scheme, with those eligible receiving a cash grant worth 80% of their average monthly trading profit over the last three years. This initiative will cover 95% of people who receive the majority of their income from self-employment.

HMRC will identify eligible taxpayers and contact them directly 

Further information and details of the scheme will be shared shortly by HMRC and we will update you when this is available.
 
Supporting need for medical supplies
Many companies have approached the council and local NHS with offers to support in the production of medical equipment and supplies. We welcome any contact or support companies can provide at this difficult time. You can contact our team by emailing employmentandskills@tameside.gov.uk.

You can also register to help nationally through the Government's new support from businesses portal.
 
Supporting vulnerable residents
Tameside Council and partners are supporting vulnerable residents who need food packages. If your business can donate food or food packaging or would like to discuss how you could support in any way please contact us on employmentandskills@tameside.gov.uk.
 
Virtual Job Fair
Tameside Council usually holds two job fairs a year. However, due to the current situation, instead of a physical job fair we are sharing current opportunities in Tameside online for people seeking employment or extra income. Click here to visit the virtual jobs fair.
 
Business Rates relief and grants
Government has confirmed a package of financial measures to support businesses, which you can find details of on our Business Rates Web Page.
 
Letters have now gone out to businesses who are eligible for the Small Business Grants Fund (£10k Grant) and the Retail, Hospitality and Leisure Business Grants Fund (£25k grant)

You can view draft letters sent out to businesses here:
 
Small Business Grants Fund 
 
Retail, Hospitality and Leisure Business Grants Fund 

If you think you are eligible, but haven’t heard from us by 15 April, please email us on businessrates@tameside.gov.uk.
 
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