National Advice and Support
DIT support for UK businesses trading internationally
The Department for International Trade (DIT) has issued guidance for UK businesses trading internationally. Find out more about Coronavirus (COVID-19): support for UK businesses trading internationally here.
Guidance for the Charity Sector
The Charity Commission have produced guidance to help running your charity during the outbreak. Read more about Coronavirus (COVID-19) guidance for the charity sector here.
A dedicated helpline has been set up by HMRC to support businesses and self-employed people in financial distress and and with outstanding tax liabilities to receive support with their tax affairs. Through this, businesses may be able to agree a bespoke Time to Pay arrangement. If you run a business or are self employed you can call HMRC on 08000 241222.
Recovery Loan Scheme
The Recovery Loan Scheme ensures businesses of any size can continue to access loans and other kinds of finance up to £10 million per business once the existing COVID-19 loan schemes close, providing support as businesses recover and grow following the disruption of the pandemic and the end of the transition period.
Start Up Loans Programme
Loans (£500 to £25,000, at 6% interest, with 1-5y repayment term) and 12 months of free mentoring to individuals who are starting a new business or who have been trading for less than two years. Find out more about Start Up Loans here.
The Pension Regulator
The Pension Regulator has published Automatic enrolment and DC pension contributions: COVID-19 guidance for employers. Read guidance from The Pension Regulator here.
VAT reduced rate for hospitality, holiday accommodation and attractions
Businesses cab apply a temporary 5% reduced rate of VAT to certain supplies relating to:
- Hotel and holiday accommodation
- Admissions to certain attractions
The temporary reduced of VAT of 5% will apply until 30 September 2021. Prepare for a new rate of 12.5% from 1 October 2021 to 31 March 2022. Find out more about the reduced VAT rates here.
If you are seeking finance from banks and cannot find a suitable lender, there are three online finance platforms designated by Government that can seek out suitable providers. Find alternative finance here.
Living with COVID-19
The government is removing remaining domestic restrictions in England. There are still steps you can take to reduce the risk of catching and spreading COVID-19:
- Get vaccinated
- Let fresh air in if meeting indoors, or meet outside
- Consider wearing a face covering in crowded, enclosed spaces
- Get tested if you have COVID-19 symptoms, and stay at home if positive
Working in partnership to support business in Liverpool City Region.
The business support organisations across the City Region are working together with us to ensure businesses and individuals get the best possible support as we deal with the spread of Covid -19. We would like to thank all of them for their great support and collaboration in this joint approach. You can see these partners and connect directly with them through the link below.