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Coronavirus: latest updates for businesses and individuals

The UK Government’s response to coronavirus (COVID-19) includes measures to protect businesses and individuals from its economic impact.

In response to the pandemic, we’ve developed a range of services that will help you navigate the impact of coronavirus on businesses. With the increasing financial pressure on HMRC, we expect to see greater numbers of HMRC enquiries and we would therefore strongly recommend that you take out tax fee protection cover. As a client of BKL we can offer you a tax fee protection service. Please speak with your BKL contact who will be able to provide you with a quote for this service.

We’ve also created a dedicated coronavirus hub with guidance, information on the government’s support schemes and how to respond to coronavirus.

On this page you will find a summary of key details announced by the government to support businesses and individuals. We’ve also developed a bespoke form to claim for the Coronavirus Job Retention Scheme.

Updated: 16 September

Support for businesses

Coronavirus Job Retention Scheme (CJRS)

Government grants for up to 80% of salary of employees who would otherwise be laid off and are furloughed up to £2,500 per employee, backdated to 1 March. In addition grant will cover employer National Insurance Contributions (NIC) and minimum automatic enrolment employer pension contributions until 31 July 2020.

– CJRS closed to new entrants from 30 June, so to comply with the minimum three-week furlough rule new entrants must have been furloughed by 10 June. Employees on statutory maternity/paternity leave and military reservists who return to work after 10 June may still be furloughed, but only if they work for an employer who has previously furloughed employees.

– From July the number of employees an employer can claim for in a claim period, which cannot straddle month ends, cannot exceed the maximum number claimed for in an earlier claim period, so if some employees have alternated between working and being furloughed they should all be furloughed at some point in a June claim.

– From July, CJRS has allowed flexible part-time working. CJRS will pay employee costs (up to the threshold) for the time they are furloughed, while employers will pay employees for the time they are working.

– In July, CJRS continued to pay 80% of wages up to £2,500 per month plus employer NIC and minimum automatic enrolment employer pension contributions for the hours employees don’t work.

– In August, CJRS paid 80% of wages up to £2,500 for the hours employees don’t work. Employers were required to pay employer NIC and pension contributions.

– In September, CJRS is paying 70% of wages up to £2,187.50 for the hours employees don’t work. Employers will pay a minimum of 10% of wages for the hours employees don’t work plus employer NIC and pension contributions.

– In October, CJRS will pay 60% of wages up to £1,875 for the hours employees don’t work. Employers will pay a minimum of 20% of wages for the hours employees don’t work plus employer NIC and pension contributions.

– CJRS will end on 31 October.

There will be a one-off payment of £1,000 to UK employers for every employee furloughed under CJRS who remains continuously employed from 1 November 2020 to 31 January 2021. Employees must earn more than £520 per month on average. Payments will be made from February 2021.

Statutory redundancy payments to furloughed employees who are made redundant are to be based on normal wage rather than on a reduced furlough rate.

Office holders (including directors), salaried members of LLPs and agency workers are eligible for the scheme as long as they are properly furloughed and do not for example undertake any revenue generating function during their period of furlough. This also applies to salaried individuals who are directors of their own personal service company. The furloughing should be ratified by formal decision of the board/LLP.

The HMRC portal does not accept claims for employees hired after the date of submission of the February RTI but before 28 February if the March RTI was submitted after 19 March. Employees (such as directors) paid annually are ineligible for the scheme if the RTI covering their payroll was submitted after 19 March 2020.

Visit our Coronavirus Job Retention Scheme page for more information, including details of our CJRS claim form which can help you in preparing your claims.

Administrator: HMRC. Access the scheme here.

Payments to be made in six working days after claims submitted on a first-come first-served basis.

How we can help:

Our specialists in HR and employment can help you and your team. Visit our support for businesses page for further information.

Bounce Back Loan Scheme (BBLS)

Term loans of between £2,000 and £50,000 for up to six years, capped at 25% of turnover. No repayments in first 12 months. Government will guarantee 100% of the loan and there will be no fees or interest in the first 12 months. Government has set out a rate of interest at 2.5% for the remaining period of the loan.

The application consists of a simple form and loans can be made within two days of application. To be eligible, businesses must not have been ‘undertakings in difficulty’ on 31 December 2019, which for businesses more than 3 years old means accumulated losses cannot exceed 50% of subscribed share capital. Businesses in difficulty may still be eligible subject to State Aid rules.

Administrator: There are currently 28 accredited lenders, who are administered by the British Business Bank.

We have more information on the Bounce Back Loan scheme here.

Coronavirus Business Interruption Loan Scheme (CBILS)

Government provides 80% guarantee against debt finance and will cover fees and the first 12 months’ interest payments for facilities from £50,001 up to £5m. Loans available for up to 6 years

Insufficient security is no longer a condition to access the scheme. Lenders will not take personal guarantees for facilities below £250,000. For facilities above £250,000 personal guarantees may still be required, at a lender’s discretion, but

(i) they exclude the Principal Private Residence (PPR); and

(ii) recoveries under these are capped at a maximum of 20% of the outstanding balance of the facility after the proceeds of business assets have been applied.

Companies claiming R&D tax credits
The CBILS is a so-called Notified State Aid, that is an EU approved Government subsidy, as are Research & Development (R&D) tax credits. A company cannot have two Notified State Aids for the same project and therefore companies already in receipt of R&D tax credits may be restricted from claiming loan scheme support as well (and vice versa). Please contact us if you have any concerns on this matter.

It should also be noted that a company can only claim an R&D tax credit if its last set of statutory accounts are prepared on a going concern basis. As a statutory requirement, HMRC have indicated that they have little discretion here, so careful consideration should be given to any accounts disclosures signed off in the current crisis.

Borrowing proposals must be viable were it not for COVID-19. Businesses with less than 50 employees and turnover/balance sheet total of less than £9 million are not ‘undertakings in difficulty’ unless they are subject to insolvency procedures or in receipt of rescue aid. Businesses with more than 50 employees or more than £9 million turnover or balance sheet total will be subject to the ‘undertaking in difficulty’ tests set out by the European Union which include that accumulated losses at 31 December 2019 cannot exceed 50% of subscribed share capital, though these rules do not apply to businesses less than three years old. For larger businesses the EBITDA/interest ratio must be more than 1.0 and the debt/equity ratio less than 7.5.

The EU has relaxed its State Aid rules so that businesses with fewer than 50 employees and turnover less than £9 million will be exempt from elements of the ‘undertaking in difficulty’ test.

Administrator: British Business Bank via 107 participating providers
UK businesses with turnover up to £45m eligible

How we can help:

Based on our experience, our conversations with businesses and banks, and the economic challenges presented by coronavirus make creating or revising financial forecasts even more crucial. Our services include:

– Creating fully integrated budgets incorporating profit & loss, balance sheet and cashflow statements

– Developing flexible forecasts allowing users to sensitise by amending assumptions

– Generating weekly or monthly cashflow forecasts to see businesses through the coronavirus pandemic

– Critiquing existing forecasts

– Assisting you in compiling a business plan to support your fundraising efforts

Visit our support for businesses page for further information.

Our assessment of CBILS’ first month is here.

Coronavirus Large Business Interruption Loan Scheme (CLBILS)

Government provides 80% guarantee against debt finance facilities. UK businesses with turnover over £45m eligible.

Facilities available for between 3 months and 3 years. Facilities limited to £25m for businesses with turnover from £45m to £250m, and limited to £200m for businesses with turnover above £250m. Lenders will not take personal guarantees for facilities below £250,000. For facilities above £250,000 recoveries on personal guarantees cannot exceed 20% of losses after all other recoveries have been applied.

Update, 19 May: From Tuesday 26 May, the maximum loan size available under CLBILS will be increased from £50m to £200m.

Companies borrowing more than £50m through CLBILS will be subject to restrictions on dividend payments, senior pay and share buybacks during the period of the loan, including a ban on dividend payments and cash bonuses, except where they were previously agreed.

Administrator: British Business Bank via participating providers
Scheme opened on Monday 20 April. There are currently 26 lenders offering CLBILS loans.

Time To Pay

Case-by-case arrangements for businesses and self-employed people in financial distress, and with outstanding tax liabilities (see below).

Administrator: HMRC
Dedicated HMRC helpline is 0800 0159 559

More details are available on the government page If you cannot pay your tax bill on time.

VAT

The next quarterly VAT payments due between 20 March and 30 June will be deferred until 31 March 2021. VAT returns should still be filed on time.

No application needed, though Direct Debits may need to be cancelled. Where Direct Debits were not cancelled, firms may be able to obtain a refund. The quickest way is to submit a Direct Debit Indemnity Claim to the bank. Alternatively, taxpayers can request repayments from HMRC.

The deferral scheme ended on 30 June and any payments due after that date should be made on time (subject to any time to pay arrangements agreed in advance with HMRC). Cancelled direct debits should be set-up again in enough time to allow HMRC to take payment.

There will be a cut in the VAT rate from 20% to 5% for the hospitality and tourism sectors from 15 July 2020 until 12 January 2021. This reduced rate will apply to supplies of food and non-alcoholic drinks from restaurants, pubs and cafés, as well as hot takeaway food. In addition, the 5% rate will apply to accommodation bookings and leisure attractions such as theme parks and cinemas.

Administrator: Automatic

If you are notifying HMRC of a decision to opt to tax land and buildings, the time limit has been temporarily extended from 30 days to 90 days from the date the decision to opt was made. This applies to decisions made between 15 February and 31 October 2020.

From 1 May 2020, HMRC also introduced VAT zero rating for:

– E-publications: brought forward from 1 December.

Personal protective equipment: temporary; for supplies of PPE made between 1 May 2020 and 31 October 2020.

The Construction Services Domestic Reverse Charge will be delayed from 1 October 2020 until 1 March 2021 due to the impact of the coronavirus on the construction sector. We have more information here.

Protection from eviction – UPDATED 16 SEPTEMBER

Commercial tenants who cannot pay their rent until 30 September protected from eviction. However, this is not a rental holiday. Updated 16 September: the protection for businesses from eviction has been extended till the end of 2020.

Statutory demands and winding up petitions issued to commercial tenants are to be temporarily voided until 30 September. Changes will also be made to prevent landlords using Commercial Rent Arrears Recovery unless they are owed 189 days of unpaid rent.

Administrator: Automatic

Business rates retail discount

Increased to 100% for the next 12 months and extended to leisure & hospitality sectors

Administrator: Automatic from Local Authorities via (reissued) council tax bill

Small Business Grant Fund

Grant of £10,000 per property to businesses if rateable value of commercial property is under £15,000. This grant is subject to tax.

Administrator: Automatic from Local Authorities
Ministry of Housing, Communities & Local Government has published guidance for local authorities.

Local Authority Discretionary Grants Fund (LADGF)

Councils have been given additional funds to make grants available to businesses who would not otherwise qualify such as businesses in shared spaces, regular market traders, small charity properties and bed & breakfasts. The grants are for £25,000, £10,000 or any amount under £10,000 at the council’s discretion.

As of 26 May, businesses who are eligible for the Self-Employment Income Support Scheme (SEISS) or the Coronavirus Job Retention Scheme (CJRS) are now eligible to apply for the LADGF scheme as well.

We have more details available here.

Administrator: Automatic from Local Authorities
Department for Business, Energy & Industrial Strategy has published guidance for local authorities.

Retail, Hospitality and Leisure Grant

£25,000 grants per property to retail, hospitality and leisure businesses operating from premises with a rateable value of between £15,000 and £51,000. This grant is subject to tax.

Administrator: Automatic from Local authorities Ministry of Housing, Communities & Local Government has published guidance for local authorities

Small Business Recovery Grants

£20 million funding has been made available to offer grants for between £1,000 and £5,000 to small and medium sized businesses (SMEs) to help them recover from the effects of coronavirus.  The grants will provide access to new technology and other equipment, as well as professional legal, financial or other advice to help them get back on track.

Administrator: Growth Hubs

Grants for businesses hit by local lockdowns – ANNOUNCED 10 SEPTEMBER

Businesses in England required to close due to localised coronavirus interventions will now be able to claim grants for each three-week period they are required to close.

The grant will be £1,000 per three-week period for businesses occupying a property with a rateable value of less than £51,000 or occupying a property or part of a property with annual rent or mortgage payments of less than £51,000.  For businesses occupying larger properties, the grant will be £1,500 per three-week period.

The grant is not available for businesses closed at national level such as nightclubs.

At the time of announcement, grants are currently available in Blackburn, Darwen, Pendle and Oldham.

Administrator: Local authorities

Statutory Sick Pay (SSP)

Payable from Day 1 for eligible individuals diagnosed with coronavirus or those unable to work because of self-isolation
More information about SSP for affected employees

Administrator: Employers

Statutory Sick Pay Rebate Scheme

A new online service has been launched for small and medium-sized employers to recover Statutory Sick Pay (SSP) payments they have made to their employees. This scheme will allow businesses with fewer than 250 employees to apply to HMRC to recover the costs of paying coronavirus-related SSP.

Further details with a link to making claims are here.

Administrator: HMRC

Extension for filing accounts

Businesses now receive an automatic extension for filing accounts, confirmation statements and certain other filings at Companies House if the filing deadline falls between 27 June 2020 and 5 April 2021.  For accounts the filing deadline is generally extended by 3 months.  Companies who previously applied for an extension do not receive a further extension.

Administrator: Companies House

Suspension of wrongful trading provisions

There will be a temporary suspension of the wrongful trading provisions, applied retrospectively from 1 March 2020, meaning the threat of personal liability against company directors will be removed during the lockdown. The suspension requires a change of legislation and Parliament is currently in recess until at least 21 April. The idea is to reassure directors that the difficult decisions they have to make about the future viability of their business will not have to be unduly influenced by the exceptional circumstances which are entirely beyond their control. Our view is that directors should remain cautious until the new legislation is in place.

Administrator: Department for Business, Energy and Industrial Strategy

Trade credit insurance guarantee

Businesses with supply chains which rely on trade credit insurance and who are experiencing difficulties maintaining cover due to Coronavirus will get support from the government. Due to Coronavirus businesses risk having credit insurance withdrawn, or premiums increasing to unaffordable levels. To prevent this from happening, the government will temporarily guarantee business-to-business transactions currently supported by trade credit insurance. The guarantee will be delivered through a temporary reinsurance agreement with insurers currently operating in the market, provisionally until the end of 2020.

As of June, the government has provided a £10 billion guarantee to re-insurers for nine months backdated to 1 April.

Administrator: UK Government

The guarantees will cover trading by domestic firms and exporting firms and the intent is for agreements to be in place with insurers by end of May.

Future Fund

The Chancellor of the Exchequer announced on 20 April he is to establish a new Future Fund to support the UK’s innovative businesses currently affected by COVID-19. These businesses have been unable to access other government business support programmes, such as CBILS, because they are either pre-revenue or pre-profit, and typically rely on equity investment. The scheme will deliver an initial commitment of £250m of new government funding which must be matched by private investors. Eligible business must have raised £250,000 privately in the last five years.

The fund will provide convertible loans between £125k and £5m on a matched basis. The loan will convert to equity if not repaid before the next qualifying funding round, a sale or an IPO, at a 20% discount rate. The interest rate on the loan will be at least 8%.

Update 30 June: Companies who have participated in highly selective accelerator programmes are now eligible, even if their parent company is outside the UK, though they must still meet the ‘substantive economic presence’ tests (that half or more employees are UK-based and/or half or more revenues are from UK sales).

Further details are available here.

Administrator: British Business Bank

Applications open on 20 May and must be made before the end of September.

Covid Corporate Financing Facility (CCFF)

Larger business ‘making a material contribution to the UK economy’ can finance working capital by selling commercial paper maturing in 1 week to 12 months. Businesses do not need to have previously issued commercial paper. Businesses must be in ‘sound financial health’, evidenced by an actual or imputed appropriate credit rating.

CCFF participants that wish to borrow money beyond 12 months from Tuesday 19 May are subject to restrictions on dividend payments, senior pay and share buybacks during the period of the loan, including a ban on dividend payments and cash bonuses, except where they were previously agreed.

Businesses that have drawn under the CCFF are now able to repay their drawings early if they choose to do so.

Administrator: Bank of England via 13 participating banks

Further details available on the Bank of England website.

Sustainable Innovation Fund

A new £200m fund has been launched to provide financial support to businesses to keep their cutting-edge projects and ideas alive. Aimed at new tech and R&D intensive businesses, funding could go towards developing new technologies focused on making homes and offices more energy-efficient to cut bills, creating ground-breaking medical technologies to treat infections, or reducing the carbon footprint of public transport.

In a move to support more ‘climate-positive’ behaviours, businesses could also make use of the fund to develop smart sustainability-focused projects – from apps encouraging people to cut down their food waste to sustainable biodegradable packaging.

Administrator: Innovate UK

If your business is is a small or medium sized enterprise that’s undertaking R&D that results in a scientific or technological advance or clarification of an area of scientific or technological uncertainty, you could be eligible for R&D tax credits. We have more information here.

Technology challenges

Funding of up to £25,000 available to technology companies who can find digital ways to support people staying at home, e.g. providing remote social care, boosting volunteer sector, improving mental health support.

Fast Start Competition: Grants of up to £50,000 also available to technology and research-focussed businesses to develop new ways of working and help build resilience in industries such as delivery services, food manufacturing, retail and transport.

As of 20 May, the funding available has been doubled to £40m.

Administrators: NHS TechForce19, Innovate UK

Apprentices, trainees and work placements

A new grant of £2,000 will be made available to employers in England for each new apprentice they hire aged under 25, and a £1,500 payment for each new apprentice they hire aged 25 and over, from 1 August 2020 to 31 January 2021.

Employers who provide trainees with work experience will be awarded a further £1,000 per trainee.

Under the Kickstart Scheme which launched on 2 September, £2bn has been allocated to fund 6-month work placements for people aged 16-24 and deemed at risk of long-term unemployment. Funding will cover 100% of National Minimum Wage for 25 hours per week plus associated National Insurance Contributions and automatic pension enrolment contributions.

Administrator: UK Government

Business rates holiday for nursery business

Business rates holiday for 2020/2021 tax year for properties rented by Early Years nurseries

Administrator: Automatic from Local Authorities via (reissued) council tax bill

Dairy Hardship Fund

Dairy farmers will be entitled to grants of up to £10,000 to cover 70% of their lost income during April and May. More details will be issued in due course.

Administrator: Dairy UK and Defra

Deferral of air navigation charges

Airlines will be able to defer the payment of charges for air navigation services in UK and European airspace for the months of February 2020 to May 2020 for up to 14 months.

Administrator: EUROCONTROL

Support for individuals

Self-Employment Income Support Scheme (SEISS) - UPDATED 19 AUGUST

Grants to self-employed individuals and partners in partnership of 80% of their historic profits capped at £2,500 per month. Income must be negatively impacted by coronavirus. Only applicable if trading profits are less than £50,000 per annum and more than half of total income comes from self-employment. Eligible individuals must have completed a 2018/19 tax return. Applications for the grant closed on 13 July.

It is possible to ask for a review of both the taxpayer’s eligibility status and the award amount.

Eligible individuals can claim a second taxable grant worth 70% of their average monthly trading profits capped at £6,570 in total. This will be made as a single payment. Applications opened on 17 August and will close on 19 October. Individuals will need to confirm their business has been adversely affected by coronavirus on or after 14 July. Individuals do not need to have claimed for the first grant to be eligible for the second and final grant.

Update 3 August: You can now use this government portal to ask HMRC to verify you had a new child which affected your SEISS eligibility.

More information about the Self-Employment Income Support Scheme

Administrator: Automatic from HMRC

Self-employed individuals can check their eligibility here. HMRC calculate the grant themselves – the application is to supply bank account details. Payments to be made in 6 working days after applications submitted.

Mortgage holiday

Mortgage borrowers can apply for a 3 month payment holiday. Both residential and buy-to-let mortgages are eligible. Interest will continue to be charged on the amount they owe and didn’t pay.

As of 2 June, customers still experiencing payment difficulties can request a full or part payment holiday for a further three months. Customers yet to apply for a payment holiday have until 31 October to do so. The current ban on lender repossessions of homes is extended to 31 October.

Administrator: Direct from lender

Borrowings holiday

Temporary measures are being implemented to introduce a 3 month payment freeze for motor finance, buy-now pay-later (BNPL), rent-to-own (RTO) and pawnbroking agreements. For high-cost short term credit (including payday loans) payments will be frozen for one month with no additional interest to be charged. Freezes are intended for customers facing temporary payment difficulties due to the coronavirus pandemic.

On 19 June, the FCA has proposed to extend payment freezes on credit cards, store cars and personal loans for customers in difficulty for a further 3 months to 31 October. Individuals yet to request a payment freeze can still request one till that date. A similar deadline would apply to arranged interest-free overdrafts of up to £500.

Administrator: Measures introduced by FCA (Financial Conduct Authority)

Borrowers apply direct to lenders.

Rent holiday and ban on eviction - UPDATED 21 AUGUST

Tenants can apply for a 3 month payment holiday. No one can be evicted from their home or have their home repossessed over the next 3 months. On 7 June, the ban on evicting renters has been extended by two months to 23 August.

Update 21 August: The ban on evicting renters has been extended by 4 weeks, taking the total ban to 6 months. In addition, landlords must provide tenants with 6 months’ notice to evict them in all but the most serious cases, until at least 31 March 2021.

Administrator: Direct from landlord

Temporary changes to the Statutory Residence Test

HMRC have stated that the Statutory Residence Test (SRT) will be amended to ensure that days spent in the UK between 1 March 2020 and 1 June 2020 by people working on COVID-19 related activities will not count towards the days counting in the SRT.

Refund of season tickets

People working at home can apply for a refund of their season tickets

Administrator: Relevant rail operators, including Transport for London (TfL)

Income tax

Income tax self-assessment payments due on 31 July 2020 can be deferred till 31 January 2021. You do not need to be self-employed to be eligible for the deferment. No penalties or interest will arise

Administrator: Automatic
No application needed

Stamp Duty Land Tax

When a person buys a dwelling, they pay a higher rate of Stamp Duty Land Tax (SDLT) where the property is not the only dwelling that they own. This is known as the Higher Rates for Additional Dwellings (HRAD). A payment of HRAD will be refunded where the new property replaces the person’s main home and the previous main home is sold within three years of buying the new home.

As a result of coronavirus, the government has announced its intention to change the HRAD legislation, meaning that people can receive a refund where they sell their previous main residence outside the three year period. The legislation will apply where the three year period ended on or after 1 January 2020 and the previous main residence is sold after the three years.

A temporary increase to the Nil Rate Band of Residential SDLT in England and Northern Ireland, from £125,000 to £500,000, will apply from 8 July 2020 until 31 March 2021.

Administrator: HMRC

Universal Credit

Self-employed people can now access full Universal Credit at a rate equivalent to statutory sick pay

Administrator: HMRC

Rules on carrying over annual leave relaxed

Workers who have not taken all of their statutory annual leave entitlement due to coronavirus will now be able to carry it over into the next 2 leave years

Administrator: Automatic

Cycling schemes

The Fix Your Bike Voucher, worth £50, enables people to make old bicycles roadworthy. The application portal is here.

The Cycle To Work scheme, which enables employees to buy a tax-free bike – an effective saving of between 25% and 39% – has been extended to cover e-bikes.

Administrators: UK Government, HMRC

Hardship fund

£500 million fund to provide council tax relief to those receiving Local Tax Council Support.

As of 11 June, the government has distributed an additional £63m to local authorities to help those who are struggling to afford food and other essentials due to coronavirus.

Administrator: Local Councils

Eat Out to Help Out

The government will fund a 50% discount of up to £10 per head on eat-in meals, at any participating restaurant, café, pub or other eligible food service establishment. The discount could be used unlimited times and was valid Monday to Wednesday on any eat-in meal (including on non-alcoholic drinks) for the entire month of August 2020 across the UK. Participating establishments will be fully reimbursed for the 50% discount.

Participating restaurants must have been registered as a food business with their local authority on or before 7 July and have been able to register for this scheme from 13 July. Claims for payment can be made weekly and the last claim must be made by 30 September. Payments will be made within five working days of claims being submitted.

Administrator: HMRC

Free car parking for NHS and social care staff

NHS and social care workers will be exempt from paying for parking charges at on-street parking and council-run car parks. Some NHS trusts have already provided free parking to NHS staff and government funds are available for the other NHS trusts to do so likewise.

Administrator: Local councils and NHS trusts who will issue passes to staff to use whilst on duty

Life assurance for health and care workers

Families of frontline NHS staff and social care workers who die from coronavirus in the course of their frontline essential work will receive a £60,000 payment.

Administrator: NHS Business Services Authority

Employers will initiate claims on behalf of the deceased’s families

Travel arrangements for critical workers

The Congestion Charge, Ultra Low Emission Zone and Low Emission Zone in London have all been suspended. NHS workers will be given a code to waive the access fee for Santander Cycles, meaning any journey under 30 minutes is free for them.

Administrator: Automatic from the Mayor of London and TfL

Support for charities

Funding for the charity sector

The Government has announced £750m funding for the charity sector. £370m will be provided to small charities working with the vulnerable. £360m will go to charities providing essential services supporting the most vulnerable – of this £200m will go to hospices, St Johns Ambulance, Citizens Advice and charities supporting vulnerable children, the disabled and victims of domestic abuse.  £20m will be donated to the National Emergencies Trust. The Government will also match funding £1 for £1 raised during the Big Night In on 23 April (being hosted on the BBC) which will support Comic Relief and Children In Need.

Funding for adoptive families to meet needs arising from coronavirus outbreak

Up to £8m available for emergency support including online counselling and couples therapy for families whose adopted children may have already suffered trauma and be made more anxious owing to the uncertainty of the effects of the virus.

Administrator: Adoption Support Fund via local authorities and regional adoption agencies

Aid to prevent second wave of coronavirus

£200m will back UK charities and international organisations to help reduce mass infections in developing countries which often lack the healthcare systems to track and halt the virus

Administrator: Department for International Development

Emergency funding to support most vulnerable in society

The Government has announced £76 million extra funding for charities to support survivors of domestic and sexual abuse, vulnerable children and their families and victims of modern slavery.

For further information, please get in touch.

Daniel Shear

Partner, Corporate Finance