Covid-19: Another lockdown, another business grant

Further to the Prime Minister’s announcement on 4 January 2021, declaring another national lockdown, Chancellor Rishi Sunak has announced “top-up” grants for retail, hospitality and leisure businesses adversely impacted by the new lockdown, with the proposal expected to cost £4.6 billion and benefit over 600,000 businesses.

COVID-19: The Self-Employment Income Support Scheme (‘SEISS’): Second grant now available

In addressing the detrimental impact that the coronavirus pandemic has had on businesses, the first stage of the SEISS paid out £7.8 billion benefitting over 2.7 million people who were self-employed or in business partnerships. Applications for the first stage closed on 13th July 2020.

On 17th August 2020, the second stage of the scheme opened and is available to claim until 19th October 2020.

An update from us all at TWM

We are delighted to say that our offices are open to visitors by appointment and we are looking forward to welcoming you back.

COVID-19: The Future Fund – seeing past the pandemic

In addition to the various government schemes to protect existing businesses, employees and the self-employed during the coronavirus pandemic, the government has created a new loan scheme to support new ventures: the Future Fund.

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