HORSHAM DISTRICT COUNCIL
COVID-19 SUPPORT FOR BUSINESSES Business Rates Discount
www.gov.uk/government/organisations/hm-revenue-
The retail discount was due to be increased from one-
customs
third to 50% and has now been increased to 100%.
Deferral of VAT
The discount has also been extended to include
Valued Added Tax (VAT) payments are to be
businesses within the leisure and hospitality industries.
deferred for three months (20 March until 30 June
This relief has now been granted to those we have
2020). If you are self-employed, Income Tax payments
identified as eligible and a revised bill will be issued. If
due in July 2020 under the Self-Assessment system
you do not receive a revised bill and feel you may be
will be deferred to January 2021. This is an automatic
eligible, please contact us by email at hdc-
offer with no applications required.
revenues@milton-keynes.gov.uk.
www.businesssupport.gov.uk/vat-deferral/
Small Business Grant Scheme
Time to Pay Service
The government will provide additional Small Business
All businesses and self-employed people in financial
Grant Scheme funding for local authorities to support
distress, and with outstanding tax liabilities, may be
small businesses that already pay little or no business
eligible to receive support with their tax affairs
rates because of small business rate relief (SBBR), rural
through HMRC Time to Pay service. These
rate relief (RRR) and tapered relief. This will provide a
arrangements are agreed on a case-by-case basis and
one-off grant of £10,000 to eligible businesses to help
are tailored to individual circumstances and liabilities.
meet their ongoing business costs. We will have further
The HMRC dedicated helpline is 0800 0159 559.
information on how to obtain your grant. during the
www.businesssupport.gov.uk/support-for-businesses-
week commencing Monday 6th April www.lgss-revs-
paying-tax/
bens.com/horsham/business-rates
Three-month extension period to file accounts
Retail, Hospitality and Leisure Grant Scheme
From 25 March 2020, businesses will be able to apply
This scheme provides businesses in the retail,
for a 3-month extension for filing their accounts. This
hospitality and leisure sectors with a cash grant of up
joint initiative between the government and
to £25,000 per property.
Companies House will mean businesses can prioritise
Businesses in these sectors with a rateable value of
managing the impact of Coronavirus. Applications can
under £15,000 will receive a grant of £10,000. For
be made through a fast-tracked online system.
businesses in these sectors with a rateable value of
www.gov.uk/guidance/apply-for-more-time-to-file-
between £15,001 and £51,000, they will receive a grant
your-companys-accounts
of £25,000.
Statutory Sick Pay Relief
www.lgss-revs-bens.com/horsham/business-rates
Small and medium-sized businesses (fewer than 250
Job Retention Scheme
employees) will be able to reclaim Statutory Sick Pay
All UK employers will be able to access support to
(SSP) paid for sickness absence due to COVID-19. The
continue paying part of their employees' salary for
Government will work with employers over the
those employees that would otherwise have been laid
coming months to set up the repayment mechanism
off during this crisis.
for employers as soon as possible. This refund will
HMRC will reimburse 80% of affected employees
cover up to 2 weeks' SSP per eligible employee who
wage costs, up to a cap of £2,500 per month.
has been off work because of COVID-19. A rebate
Employers will need to designate affected employees
scheme is being developed.
as 'furloughed workers' and once the new online
www.businesssupport.gov.uk/statutory-sick-pay-
portal is live, submit this information to HMRC
rebate/
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MAY/JUNE 2020
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