Local restriction support grant
If your business has been affected by COVID-19 restrictions, you may be eligible for a Local Restrictions Support Grant (LRSG).
Find out here
Additional Restrictions Grant
The Additional Restriction grant has now closed
Retail Relief Grant has now closed
Bounce back loan scheme
The Bounce Back Loan scheme has now closed
Support for employees
Statutory Sick Pay
Statutory Sick Pay (SSP) (at £96.35 per week) is available for those who are too sick to work. Those not eligible for SSP can claim Contributory Employment and Support Allowance or Universal Credit (there is a minimum five week wait for the first payment, but advance payment can be claimed).
New Style Jobseeker’s Allowance (JSA) can be claimed on its own or alongside Universal Credit. JSA is subject to having made sufficient National Insurance contributions.
Business Rates holiday and rent protection
All retail, hospitality and leisure businesses are receiving 100% discount on business rates for the coming year through our Rate Relief Scheme. There is also a business rates holiday for nurseries for the coming year.
The Government has announced extra protection for businesses with a ban on evictions for commercial tenants who miss rent payments. A temporary ban on the aggressive use of statutory demands and winding up orders by landlords where businesses cannot pay their rent due to coronavirus has also been announced. The measures also seek to support ongoing conversations between landlords and tenants about voluntary arrangements.
The London Growth Hub has business advisors who can help small businesses navigate the impacts of the COVID 19 crisis. You can access one to one advice and support by visiting the London growth hub website.
Coronavirus Job Retention Scheme
Job Retention (furlough) Scheme - extended to 30 September 2021
From 1 August 2021, the government will pay 60% of wages up to a maximum cap of £1,875 for the hours the employee is on furlough.
Find out more on GOV.UK
Find out more
VAT and Income Tax deferrals
The VAT deferral new payment scheme has now closed.
Support for employers
Find out what financial support you can get for your business.
Time to Pay
Businesses that are having difficulties paying their tax bill can contact the Government’s Time to Pay service for support.
Coronavirus Business Interruption Scheme
Coronavirus Business Interruption Loan Scheme is now closed.