Coronavirus (Covid-19): Emergency support for businesses

Information on the emergency support for businesses because of Coronavirus. 

Lockdown grants for businesses

The Lockdown Discretionary Grant and the Lockdown Non Domestic Rate Grant support businesses with immediate cash flow support to help them survive the economic consequences of the national firebreak lockdown in Wales. 

For more information about the grants, please visit:

Cultural Recovery Fund Freelance Grant

This is a grant to provide financial assistance to freelancers in the cultural and creative sectors that are facing financial challenges as a result of the COVID-19 outbreak.

Find out more about the Cultural Recovery Fund Freelance Grant (external website)

Job Support Scheme

The Job Support Scheme is designed to protect viable jobs in businesses who are facing lower demand over the winter months due to Covid-19, to help keep their employees attached to the workforce. 

Visit GOV.UK for more information on the Job Support Scheme (external website)

Childcare Provider Grant

This is a grant to provide financial assistance for CIW-registered childcare businesses which have experienced a reduction in net income as a result of the COVID-19 outbreak and have not been able to access grants from other UK or Welsh Government schemes.

Find out more about the Childcare Provider Grant

Economic Resilience Fund

The Economic Resilience Fund is intended to support businesses in Wales with development projects to assist with recovery from the effects of the Covid-19 pandemic and future sustainability.

Visit the Business Wales Website for more information about the Economic Resilience Fund (external website)

Bounce Back Loan scheme

The Bounce Back Loan scheme will help small and medium-sized businesses to borrow between £2,000 and £50,000.

The government will guarantee 100% of the loan and there won’t be any fees or interest to pay for the first 12 months.

Find out more about  the Bounce Back Loan scheme on GOV.UK (external website)

Business Loan Scheme 

The Welsh Government and the Development Bank of Wales have announced the £100m Covid-19 Wales Business Loan Scheme to support businesses affected by the Covid-19 outbreak.

Visit the Development Bank of Wales website for more information about the Business Loan Scheme (external website)

Coronavirus Job Retention Scheme

A HMRC initiative, the coronavirus Job Retention Scheme states all UK employers with a PAYE scheme will be able to access support to continue paying part of their employees’ salary for those that would otherwise have been laid off during this crisis.

Find out more about the Coronavirus Job Retention Scheme by visiting the Business Support website (external website)

Coronavirus Business Interruption Loan Scheme

The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial support to smaller businesses (SMEs) across the UK that are losing revenue, and seeing their cashflow disrupted, as a result of the COVID-19 outbreak.

Visit the British Business Bank to find out more about the Coronavirus Business Interruption Loan Scheme (external website)

Self Employed Income Support Scheme

If you're self-employed or a member of a partnership and have been adversely affected by coronavirus (COVID-19) find out if you can use this scheme to claim a grant.

Visit GOV.UK for more information about the Self-employment Income Support Scheme (external website)

Statutory Sick Pay 

Employees who follow advice to stay at home and who cannot work as a result will be eligible for statutory sick pay (SSP), even if they are not themselves sick. 

Visit the Business Support website for more information on Statutory Sick Pay  (external website)

Deferral of Self- Assessment payment

The Self- Assessment payment on account that is ordinarily due to be paid to HMRC by 31 July 2020 may now be deferred until January 2021.

If you are due to pay a self- assessment payment on account on 31 July 2020 then you are eligible for the deferment. 

Find out more about the Deferral of Self-Assessment payment by visiting the Business Support website (external website)

HMRC Coronavirus support helpline

A dedicated helpline has been set up by HMRC to support businesses and self-employed people in financial distress and with outstanding tax liabilities to receive support with their tax affairs.

Find out more about the HMRC Coronavirus helpline (external website)

Insurance

Businesses that have cover for both pandemics and government-ordered closure should be covered, as the government and insurance industry confirmed on 17 March 2020 that advice to avoid pubs, theatres etc. is sufficient to make a claim.

Insurance policies differ significantly, so businesses are encouraged to check the terms and conditions of their specific policy and contact their providers. Most businesses are unlikely to be covered, as standard business interruption insurance policies are dependent on damage to property and will exclude pandemics. 

Extra support for the welfare system

The Department for Work and Pensions is looking to support all those who are affected by corona virus by providing information and details regards claiming benefits

Citizens Advice Denbighshire (external website) are also able to assist you with making an initial claim or helping you update your existing one.

Related documents:

Restarting and re-opening business (PDF, 470KB)