On 3 March 2021, the Government announced that it would be providing non-essential retail, hospitality, accommodation, leisure, personal care, and gym businesses in England a one-off grant called the Restart Grant (RG) from 1 April 2021. The grant is intended to help businesses that are predominantly reliant on delivering in-person services for the general public to reopen safely as set out in the roadmap.
The Restart Grant scheme supports businesses in reopening safely as COVID-19 restrictions are lifted. Grants will be available from 1 April 2021, but you can submit applications in advance.
Check if you’re eligible for a coronavirus Restart Grant (grants available from 1 April 2021) – GOV.UK (www.gov.uk)
If you deferred VAT payments due between 20 March 2020 and 30 June 2020 and still have payments to make, you can:
- pay the deferred VAT in full, on or before 31 March 2021.
- use the online VAT deferral new payment scheme to spread your payment if you cannot afford to pay by 31 March 2021.
The new scheme lets you pay your deferred VAT in equal instalments, interest free. You can spread your payments across 2 to 11 monthly instalments, including your first payment, depending on when you join. The earlier you join, the more months you have to spread your payments across.
If you join by:
19 March 2021, you can pay in 11 instalments.
21 April 2021, you can pay in 10 instalments.
19 May 2021, you can pay in 9 instalments.
21 June 2021, you can pay in 8 instalments.
You must opt into the VAT deferral new payment scheme by 21 June 2021.
Statutory Sick Pay rebate
You can claim back Statutory Sick Pay (SSP) you’ve paid for employees who are off sick, self-isolating or shielding because of coronavirus. This scheme will cover up to 2 weeks of SSP for every eligible employee.
You’re eligible if both of the following apply to your business:
- it’s based in the UK.
- it has had fewer than 250 employees since 28 February 2020.
Support to create job placements: Kickstart Scheme.
The Kickstart Scheme gives you financial support to create new 6-month job placements for young people who are currently on Universal Credit and at risk of long-term unemployment. The scheme is open to all organisations.
- 100% of the relevant National Minimum Wage for 25 hours a week
- employer National Insurance
- minimum automatic pension enrolment contributions
- £1,500 per job placement for setup costs, support and training
Support for businesses paying tax: Time To Pay Service
If you cannot pay your tax bill on time because of coronavirus, you may be able to delay it without a penalty using HMRC’s Time to Pay service.
You might be eligible if your UK business:
- pays tax to the UK government.
- has outstanding tax liabilities.
Payment Support Service Telephone: 0300 200 3835
Monday to Friday, 8am to 6pm (closed on bank holidays)