On Friday 20 March, the Chancellor Rishi Sunak announced the government’s plan to help businesses access grants to cover 80% of the wage costs of furloughed workers up to a maximum of £2500 per month per employee.
You may be asking yourself what your business has to do in the meantime when you need access to funds now? There are a number ofsources of funds/relief available.
In this new guide, our partner, Citation, has summarised the funds available for small to medium-sized businesses, which businesses are eligible and guidance on how to access them.
Citation’s coronavirus business toolkit
With daily increases of confirmed cases of the new coronavirus, Citation is also putting together a widertoolkit of essential resources that can help safeguard your business against COVID-19, including:• Guide (updated daily): the most frequently asked questions around the HR and Employment Law implications of coronavirus;• Guide (updated daily): the most frequently asked questions around the Health & Safety implications of coronavirus; • A guide to temporary homeworking• Top tips on how to maintain the wellbeing of your employees while they work from home;• Who is considered a key worker?• Free hand hygiene training module for employees; • Managing risks to staff and your workplace.
Stay up-to-date with all the changes by reading Citation’s latest COVID-19 guidance.
Got any questions about how you’ll be affected?
Please call 0345 844 1111 to speak to a friendly advisor, or leave your details and query here. If you are a member of a trade association, just let us know which when making an enquiry.