Business Support - COVID-19 (Coronavirus)
Cheshire East Council has not made decisions on which businesses should be closed from 5 November 2020. We cannot answer individual queries on which operations are permitted.
You can see the Government's guidance on open and closed businesses on their web site.
Further to the Government announcement on 31October 2020, a series of grants is available to support businesses during the restrictions.
Additional Restrictions Grant
This is a discretionary grant scheme to support businesses in their local economies.
The first phase of the Additional Restrictions Grant is closed. We will be opening a second phase of this grant, with different policies and criteria, later in 2021.
Other Financial Support
The Chancellor, in his recent November 2020 speech, announced the following support for businesses:
A monthly 80% Government contribution towards employee pay.
- An employee must work 20% of their normal working hours. The employer will have to pay for hours not worked is the cost of Employer NICs and pension contributions, therefore in total, an employee will receive 80% of the full pay allowance.
- Eligibility – All small and medium sized businesses are eligible
- The scheme will apply to eligible businesses in all alert levels
- Large businesses will have to provide evidence to show their business turnover has been negatively affected by the crisis to be eligible
- The scheme will be available until March 2021
- If businesses are legally required to close, the Government will cover the full cost of employers paying people two-thirds of their salary, where they can’t work for a week or more
- More information regarding new job support scheme
The Self Employment Scheme will be extended from 1 November 2020 to the 30 April 2021.
- The grants are to be paid in two lump sums - The first grant will cover 1 November to the 21 January 2021 and will provide a taxable grant of 80% of average monthly earnings, paid in a single instalment and capped at £7,500. The second grant will cover 1 February 2021 to the 30 April 2021. Please note the level of the second grant is yet to be set.
- More information regarding Self Employment Scheme
Bounce Back Loan Scheme - Pay As You Grow
- All Bounce back loans can be extended from 6 to 10 years under a Pay as You Grow scheme
- All Businesses can now choose to make interest only payments or suspend their payments for up to six months if the Business has been highly impacted by the crisis
- No Business taking up Pay As You Grow will see their credit rating affected as a result
- More information regarding Bounce Back Loan Scheme
Coronavirus Business Interruption Loan Scheme
Extension on all Coronavirus Loan Schemes to the end of the year.
- Extension for up to 10 years on all Business Interruption Loans for lenders to give Businesses flexibility for re-payment
- A new Successor Loan Scheme will be launched in January 2021 to provide extra support for Businesses
- More information regarding Business Interruption Load Scheme
- VAT of 5% - for accommodation, hospitality and attractions is being extended to the end of the financial year (31 March 2021).
- Businesses can spread their VAT bill over 11 smaller re-payments with 0% interest
- More information regarding VAT Payments
For further information regarding these schemes and help available to you and your Business please visit the Coronavirus Business Support website.
The Cheshire and Warrington Growth Hub has information and guidance for businesses in the wider Cheshire area.
We have listed sources of support for the arts, culture and heritage sector, and the tourism and hospitality sector.
Job Matching Service
Our Supported Employment team want to job match people who are coming out of work as a result of COVID-19 with local employers who are looking to recruit temporarily.
if you are a local employer who is looking to recruit, we can source potential employees to meet current recruitment demand. Email your requirements to email@example.com
For further information and for other local schemes, check resources at www.gov.uk and www.871candwep.co.uk/