Coronavirus (COVID-19) - Help for Businesses
Dedicated Covid-19 Helpline for Powys residents and businesses.
Telephone number 01597 827462 Open 9am - 1pm
Find out about Grants and Reliefs, Benefits and Awards, Managing your Money and Debt Advice, and other help and support.
2 September 2020
£2 Billion Kickstart Scheme to Create New Jobs for Young People
Funding aimed to create high quality six-month work placements for those aged 16 to 24 who are on Universal Credit and are thought to be at risk of long-term unemployment.
Employers will receive funding for 100% of the relevant National Minimum Wage for 25 hours a week. Plus associated employer National Insurance contributions and employer minimum auto-enrolment pension contributions. Employers will be able to top up this wage, while the Government will also pay employers £1,500 to set up support and training for people on a Kickstart placement, as well as helping pay for uniforms and other set up costs.
Applications must be for a minimum of 30 job placements.
Employers can find more information about the Kickstart scheme here: http://gov.uk/kickstart
18th August 2020
It's the law for hospitality businesses and high-risk settings to ask for the names and phone numbers of customers in case of an outbreak.
This will help stop the spread of coronavirus. Here's everything you need to know - https://gov.wales/keeping-records-staff-customers-and-visitors-test-trace-protect
11th August 2020
31st July 2020
24 July 2020
Revised rules for physical distancing for Retailers in Wales
Please see The Health Protection (Coronavirus Restrictions) (No. 2) (Wales) Regulations 2020 for full details:
Practical steps to mitigate the risk of spreading Coronavirus.
- Maintain 2m social distancing
- Where that is not possible the issuing of Personal Protective Equipment
- A risk assessment making sure you have in place all reasonable measures to minimise risk of exposure to coronavirus on your premises
- You may consider it appropriate or necessary to ask your customers to wear a face covering. (This is not mandatory.)
Guidance on the practical implementation of the legal requirements, which retailers must consider, can be found here:
21st July 2020
10th July 2020
New guidance for tourism and hospitality sector
30th June 2020
29th June 2020
Visit Wales - Visitor Economy guidance
Visitor Economy guidance is now available to inform businesses working in the visitor economy in Wales. You can find information of ongoing legal restrictions and requirements related to the coronavirus, and to help the sector re-open when this is allowed. It includes visitor accommodation, attractions, events and restaurants.
The Test, Trace, Protect strategy is a key part of the regulations to help us live and work alongside the virus: guidance on employers' responsibilities to help with COVID-19 testing and contact tracing.
Failure to comply with the relevant public health legislation and guidance to control public health risks could result in enforcement action by the relevant authorities.
Note: The Visitor Economy guidance will be updated over time. You can check for updates on the Welsh Government website. If you have any feedback for Welsh Government, please email email@example.com.
22nd June 2020
19th June 2020
30th May 2020
Workplace Guidance for employers in Wales.
The following guidance and links will take you to the resources that can help you get your business re-started and ensure that all employees can return to work safely.
Welsh Government Workplace Guidelines
Welsh Government: Workplace Guidance for Wales
Free practical support and independent advice is available from SMARTInnovation. To speak to an advisor please email: SMARTInnovation@gov.wales
Please visit the Business Wales website for more information on returning to work safely.
29th May 2020
Self-Employment Support Scheme Extended
Those eligible under the Self-Employment Income Support Scheme (SEISS), will be able to claim a second and final grant in August. The grant will be worth 70% of average monthly trading profits, paid out in a single instalment covering three months' worth of profits, and capped at £6,570 in total.
From 1 July 2020, businesses will be given the flexibility to bring furloughed employees back part time. Individual firms will decide the hours and shift patterns their employees will work on their return, so that they can decide on the best approach for them - and will be responsible for paying their wages while in work.
26th May 2020
Apply for the coronavirus Future Fund - https://www.gov.uk/guidance/future-fund
The scheme is initially open for applications until the end of September 2020.
Larger businesses to benefit from loans of up to £200 million - https://www.gov.uk/government/news/larger-businesses-to-benefit-from-loans-of-up-to-200-million
13th May 2020
Rural Affairs Minister Lesley Griffiths has announced funding for Welsh dairy farmers hardest hit by the recent exceptional market conditions as a result of coronavirus.
The dairy sector has felt the immediate impact of the global pandemic with the closure of the food service and hospitality sectors.
To support the sector, eligible dairy farmers, who have lost more than 25% of their income in April and in May, will be entitled to up to £10,000, to cover 70% of their lost income. This will help ensure they can continue to operate without impacting animal welfare and the environment.
The scheme application window will be open until 14 August 2020.
12th May 2020
Coronavirus Job Retention Scheme extended up to 31st October 2020
- furloughed workers across UK will continue to receive 80% of their current salary, up to £2,500
- new flexibility will be introduced from August to get employees back to work and boost the economy
31 July is the last day that you can submit claims for periods ending on or before 30 June.
12th May 2020
*Reminder* HMRC Self Employment Scheme opens for business tomorrow 13th May 2020
If you're eligible and your business has been adversely affected you must make your claim for the first grant on or before 13 July 2020.
Check what you'll need to make your claim here:
11th May 2020
Guidance for safe workplaces
The 8 guides cover a full range of different types of workplace.
Many businesses operate more than one type of workplace, such as an office, factory and fleet of vehicles.
You may need to use more than one of these guides as you think through what you need to do to keep people safe.
Working safely during coronavirus (COVID-19) Guidance: https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19
30th April 2020
Bounce Back Loans
Small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders. The new Bounce Back Loans scheme would help bolster the existing package of support available to the smallest businesses affected by the coronavirus pandemic.
Details as follows:
- businesses will be able to borrow between £2,000 and £50,000 and access the cash within days
- loans will be interest free for the first 12 months, and businesses can apply online through a short and simple form
The scheme will launch for applications on Monday 4 May 2020. Firms will be able to access these loans through a network of accredited lenders.
For further information please visit the GOV.UK website.
21st April 2020
Support finder tool
The UK Government has launched a new 'support finder' tool which will help businesses and self-employed people across the UK to quickly and easily determine what financial support is available to them during the COVID-19 pandemic.
The finder tool on GOV.UK will ask business owners to fill out a simple online questionnaire, which can take minutes to complete, and they will then be directed to a list of all the financial support they may be eligible for.
The new business support finder tool can be found at https://www.gov.uk/business-coronavirus-support-finder
20th April 2020
Coronavirus Job Retention Scheme Goes Live
The UK Government's Coronavirus Job Retention Scheme has gone live today, with businesses able to claim up to £2,500 a month towards staff wages.
Employers can apply for direct cash grants through HMRC's new online portal.
The scheme allows employers to claim for a cash grant of up to 80% of a furloughed employees wages, capped at £2,500 a month.
31 July is the last day that you can submit claims for periods ending on or before 30 June
Cash Grants for Holiday Lets:
As of 20 April 2020, in relation to self-catering accommodation, properties will not be eligible for a grant unless the following criteria are met:
- The self-catering accommodation can produce two years of trading accounts directly preceding the current financial year of the business
- The self-catering accommodation must actually have been let for a period of 140 days or more in the financial year 2019-20
- The self-catering accommodation business must be the primary source of income for the owner (minimum threshold is 50%).
9th April 2020
*Important update* Due to the unprecedented volumes of applications the Development Bank of Wales is now fully subscribed for the Covid-19 Wales Business Loan Scheme.
Businesses seeking a loan should consider the Coronavirus Business Interruption Loan Scheme available for SMEs through over 40 accredited UK lenders.
Please visit Business Wales coronavirus advice webpage for more information on support for businesses.
2nd April 2020
£400m emergency fund - grants and direct support for businesses according to their size. The £400m emergency fund is expected to be live in April. Further information will be available on the Business Wales website
Grants of £10,000 for micro-businesses employing up to nine people.
Grants of up to £100,000 for small and medium sized firms with between 10 and 249 employees.
Support for larger Welsh companies, which are of critical social or economic importance to Wales
23rd March 2020
The Welsh and UK Governments have announced a package of financial assistance and support for businesses to help them during the coronavirus outbreak. Full details about how businesses can access this funding is still emerging and will be updated as further information becomes available.
If you are currently experiencing issues or have any concerns with regards to your business operations/supply chain contact the Business Wales helpline on 03000 6 03000. To stay up to date with the latest guidance to businesses see the Business Wales Coronavirus Advice page.
Further advice to businesses is also available on the Welsh Government and UK government websites:
Business Interruption Loan Scheme - Now open for applications
The new Coronavirus Business Interruption Loan Scheme supports SMEs with access to working capital (including loans, overdrafts, invoice finance and asset finance) of up to £5 million in value and for up to 6 years. The scheme is now open for applications. To apply, you should talk to your bank or one of the 40 accredited finance providers (not the British Business Bank) as soon as possible, to discuss your business plan. You can find out the latest on the best ways to contact them via their websites. The full rules of the scheme and the list of accredited lenders are available on the British Business Bank website
UK Government Assistance
The UK Government has issued further guidance and support for businesses. The package of measures to support businesses includes:
- a Coronavirus Job Retention Scheme
- deferring VAT and Income Tax payments
- a Statutory Sick Pay relief package for small and medium sized businesses (SMEs)
- the HMRC Time To Pay Scheme
- Bank of England Corporate Financing Facility
This 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. This may be extended if needed.
Development Bank of Wales
To help limit and manage the commercial impact of Covid-19 the Development Bank of Wales are offering a 3-month capital and monitoring fee repayment holiday for all customers on request. A number of private lenders and banks are also making funds available to small businesses impacted by COVID-19.
Third Sector Organisations
For advice and support please see the Business, economy and innovation section of the Welsh Government website
Summary of Assistance
Business Interruption Loan Scheme (UK Govt)
Small and medium sized (SMEs) businesses will be able to apply for bank loans and overdrafts. Scheme will support loans of up to £5 million in value.
This scheme is now open for applications. To apply, you should talk to your bank or one of the 40 accredited finance providers
Job Retention Scheme
Any entity with a UK payroll. 80% of usual monthly wage costs, up to £2,500 a month. https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme
You can now submit claims for periods starting on or after 1 July.
31 July is the last day that you can submit claims for periods ending on or before 30 June.
SMEs (Under 250 employees)
2 weeks statutory sick pay per employee with covid-19. https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses#support-for-businesses-who-are-paying-sick-pay-to-employees
Bank of England Covid-19 Corporate Financing Facility.
This scheme is now open for applications.
Taxable grant worth 80% of trading profits up to a maximum of £2,500 per month for the next 3 months.
If you're eligible and your business has been adversely affected you must make your claim for the first grant on or before 13 July 2020
For those not eligible for the business or self-employment income support schemes or SSP, you may be eligible for Universal Credit.
Young Entrepreneurs, 18-30 yr old
COVID-19 Relief Grants and Support from the Princes Trust - https://www.princes-trust.org.uk/about-the-trust/coronavirus-response/enterprise-relief-fund
HMRC Time to Pay service
Development Bank of Wales customers
Coronavirus - Support for Welsh businesses
There are still a number of finance options for businesses in Wales who need finance during the Coronavirus pandemic
Third Sector / Social Enterprises
Welsh Govt / Social Business Wales -
Important message to suppliers:
Current events are having an impact on us all and the Council wants to ensure that payments to our suppliers can be maintained. Council staff are currently working from home and we already have a process in place by which invoices can be submitted via email. Invoices submitted this way can be processed much more quickly than paper documents submitted by post and are not reliant on the location of our staff.
We therefore request you to submit your invoices attached to an email forwarded to the following email address:- firstname.lastname@example.org.
Invoices can ideally be submitted as a pdf document, or as a scanned image. If you need advice about the format of the documents, please contact email@example.com.
Paper invoices received through the post will of course continue to be processed, but will inevitably take longer.