Business support during the coronavirus emergency

Business Gateway East Dunbartonshire and the Council are offering support to business owners affected by the ongoing pandemic.

You can access additional advice and updates by visiting the local business support information hub - www.businessworks.scot

For information on funding sources and support for businesses, visit https://findbusinesssupport.gov.scot/coronavirus-advice and www.gov.uk/business-coronavirus-support-finder

Please note, the closing date has now passed for applications to the Scottish Government's Coronavirus Business Support Fund, Newly Self-Employed Hardship Fund and the Bed and Breakfast Hardship Fund.

Lockdown guidance

Environmental Health and Trading Standards colleagues are happy to discuss current and post-lockdown guidelines with business owners based in the area. The contact details are:

Alternatively, you can call 0300 1234510.

Eat Out to Help Out

Restaurants and other establishments serving food for on-premises consumption can sign up to a new UK Government initiative - Eat Out to Help Out.

The registration page is now live at www.gov.uk/guidance/register-your-establishment-for-the-eat-out-to-help-out-scheme

Restaurants, bars, cafes and other establishments who sign up will offer a 50% reduction, up to a maximum of £10 per person - Monday to Wednesday, between 3 and 31 August 2020. The scheme is open to eligible establishments across the UK.

Customers will not need a voucher as participating establishments will just remove the discount from their bill. Businesses can then reclaim the discounted amount through an online service, supported by HMRC. Claims can be made on a weekly basis and will be paid into bank accounts within five working days.

Local indoor restaurants, cafes and pubs are able to reopen, as long as they follow the appropriate guidance on distancing. Visit www.gov.scot/publications/coronavirus-covid-19-what-you-can-and-cannot-d... for more info.

Self-Employment Income Support Scheme

HMRC has extended its Self-Employment Income Support Scheme. Eligible self-employed individuals or members of partnerships whose business has been adversely affected by coronavirus can apply for an initial SEISS grant worth 80% of their average monthly trading profits. Conditions apply.

Payments will be made in a single instalment covering three months and capped at £7,500 – expected to reach bank accounts within six working days of each claim.

Applications for a second and final grant will open in August. Individuals will be able to claim a second taxable grant worth 70% of their average monthly trading profits, paid out in a single instalment covering three months’ worth of profits, and capped at £6,570 in total. For information, visit www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme

Coronavirus Job Retention Scheme

HMRC's Coronavirus Job Retention Scheme has been extended until the end of October 2020, with no changes to the scheme until the end of July. Eligible businesses can claim for 80% of an employee’s wages - plus any employer National Insurance and pension contributions - if they have been placed on furlough (temporary leave) because of coronavirus (COVID-19).

Visit www.gov.uk/guidance/claim-for-wages-through-the-coronavirus-job-retention-scheme and www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme

Please note, the scheme closed to new entrants on 30 June 2020.

Job Retention Bonus

The UK Government has shared further details on the Job Retention Bonus, offering employers £1,000 for every previously furloughed employee retained to the end of January 2021. Conditions apply, with more information to follow. Visit www.gov.uk/government/publications/job-retention-bonus/job-retention-bonus for initial details.

Coronavirus Statutory Sick Pay Rebate Scheme

The UK Government has a scheme for small and medium sized employers - with fewer than 250 employees - to recover Statutory Sick Pay payments made to employees.

Employers seeking more information on the Coronavirus Statutory Sick Pay Rebate Scheme - covering eligible periods of sickness starting on or after 13 March 2020 - can visit www.gov.uk/guidance/claim-back-statutory-sick-pay-paid-to-employees-due-to-coronavirus-covid-19 and www.gov.uk/guidance/claim-back-statutory-sick-pay-paid-to-employees-due-to-coronavirus-covid-19

Bounce Back Loans

The UK Government's Bounce Back Loans scheme can provide loans of up to £50,000. Visit https://findbusinesssupport.gov.scot/coronavirus-advice/sources-of-funding

Future Fund

The Future Fund Portal is open for applications, providing convertible loans - ranging from £125,000 to £5 million - to innovative UK companies, subject to at least equal match funding from private investors. Visit www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-schemes/future-fund/

Further information

For information on other potential support initiatives, you can access a handy guide here - updated by North Lanarkshire Council on behalf of local authorities - which includes info on VAT deferral, deferral of Self-Assessment Payment, Coronavirus Business Interruption Loan Scheme, HMRC Time to Pay Service, Non-Domestic Rates Relief, support for water bills, Enterprise Relief Fund, arts funding and more.

Business Gateway workshops

For the time being, Business Gateway (BG) East Dunbartonshire workshops will be run remotely.

Visit https://www.bgateway.com/events?region=east-dunbartonshire&keyword for more information.

In addition, one-to-one BG meetings can be held over the phone, FaceTime, Skype, Cisco Webex and Zoom.

All BG East Dunbartonshire networking groups - ED-Net, ED-Netday and East Dunbartonshire Women in Business - are now being delivered remotely.

For more information, visit www.businessworks.scot or www.bgateway.com/local-offices/east-dunbartonshire/local-support, e-mail bgateway@eastdunbarton.gov.uk or check out Facebook, Twitter and LinkedIn. You can call Business Gateway East Dunbartonshire on 0141 578 8530.

* The Scottish Business Resilience Centre is also organising online webinar events. Follow its latest news on Twitter - https://twitter.com/SBRC_Scotland - or get in touch via www.sbrcentre.co.uk