What support are you entitled to?
Businesses Rates Grants
1. All game farms that receive rural rate relief or small business rate relief should receive a £10,000 small business grant through their local authority. If you are eligible and do not receive notification in writing you should contact your local authority. Find out more here.
Find your Local Authority here.
2. The government has introduced a Business Interruption Loan Scheme. This means that the government will pay any fees and 12 months of interest for a loan to support your business during this difficult period. They are also providing 80% of the security for these loans. To access these, you should speak to your bank, or contact one of the 40 accredited providers. A full list of providers is available here.
Help for Employees
3. All businesses, regardless of sector, with a PAYE scheme are also eligible for the job retention scheme which pays 80% of salary up to £2,500 for an initial 3 month period to any worker who has been asked to stop working, but remains on the payroll. You can read more about this here.
4. The government have agreed to re-imburse any small business (less than 250 employees) for up to two weeks of Statutory Sick Pay (SSP) per staff member that is caused by COVID-19. This includes those who need to self-isolate. The details of when and how this rebate will be paid are not yet clear, but we will update our advice as soon as the government have published it.
5. VAT payments can be deferred from March 20th to June 20th, 2020. This is an automatic scheme, so you do not need to apply to qualify. If you pay your VAT by direct debit it is recommended that you cancel this so HMRC don't attempt to take VAT during this period.
6. If you have an outstanding tax liability, you can also defer this payment. You can call HMRC on 0800 024 1222 to organise a bespoke time to pay. The helpline is open from 8am to 4pm, Monday to Friday.