Sheffield - Millhouses Accountancy - Accountant
There are 3 business support grants available for small businesses in Sheffield and we can help. Firstly:
Charities that currently occupy premises that have a rateable value, might be entitled to access a grant of £10,000 or £25,000 per property if it is used for retail, hospitality and/or leisure.
To clarify whether your property falls within retail, hospitality or leisure, refer to the business rates guidance to check
Businesses entitled to a rate holiday are:
You can contact the Sheffield business rates service for more information at this email business.rates@sheffield.gov.uk
For non-residential council tenants:
The Government will help all UK employers by:
Employees must be registered for PAYE online in order to be furloughed, this can take up to 10 days.
You are eligible for a loan if your business:
To apply for a loan you should contact your business bank.
Businesses will not need to pay VAT from 20 March 2020 to 30 June 2020. All businesses are eligible and you do not need to apply.
Income tax self-assessment payments due on 31 July 2020 have been deferred until 31 Jan 2021
Changes have been made to Statutory Sick Pay:
This ensures people suffering from coronavirus can take the necessary time off to stay at home or to prevent its spread.
The Government self-employed scheme will allow you to claim a taxable grant worth 80% of your trading profits up to a maximum of £2,500 per month for the next 3 months.