Latest Business Support From East Riding Of Yorkshire Council - 08/03/21

Latest Business Support From East Riding Of Yorkshire Council - 08/03/21

East Riding of Yorkshire Council are pleased to provide their latest Covid-19 business support update. This week it includes an overview of last week’s budget announcement, which mentions the proposed Restart Grants of up to £18,000 for hospitality, accommodation, leisure, personal care and gym businesses in England. We are still awaiting final details on how this is to be administered and will keep you informed.
Don’t forget that businesses across the East Riding looking for advice and guidance during the COVID-19 pandemic, or for any other general business support enquiries can contact our business support team. You can contact them by email: business.support@eastriding.gov.uk and they will respond as quickly as possible.

Budget 2021: What you need to know
Measures announced by Chancellor Rishi Sunak in the Budget: https://www.gov.uk/government/news/budget-2021-what-you-need-to-know

Recovery Loan Scheme
A new loan scheme to support access to finance for UK business as they grow and recover from the disruption of the COVID-19 pandemic. The scheme will launch on 6 April 2021. Further details on how to apply and details of accredited lenders will be released in due course: https://www.gov.uk/guidance/recovery-loan-scheme

Changes to the Coronavirus Job Retention Scheme
Find out how the Coronavirus Job Retention Scheme is changing: https://www.gov.uk/government/publications/changes-to-the-coronavirus-job-retention-scheme

Self-Employment Income Support Scheme fourth grant
Find out if you’re eligible for the fourth grant which will cover the period February 2021 to April 2021. Also find out information about the fifth grant:
https://www.gov.uk/government/publications/self-employment-income-support-scheme-grant-extension

Updates to tax charges when a person is no longer eligible to Self-Employment Income Support Scheme payments
This tax information and impact note is about the tax charge arising when a person is ineligible for a Self-Employment Income Support Scheme grant previously claimed: https://www.gov.uk/government/publications/updates-to-tax-charges-when-a-person-is-no-longer-eligible-to-self-employment-income-support-scheme-payments

VAT: reduced rate for hospitality, holiday accommodation and attractions
If you’re a VAT registered business, check if you can temporarily reduce the rate of VAT on supplies relating to hospitality, accommodation, or admission to certain attractions: https://www.gov.uk/guidance/vat-reduced-rate-for-hospitality-holiday-accommodation-and-attractions

VAT on admission charges to attractions
Check which attractions are eligible for the temporary reduced rate of VAT from 15 July 2020: https://www.gov.uk/guidance/vat-on-admission-charges-to-attractions

Apply for a Kickstart Scheme grant
Added information about what employers should spend the £1,500 funding for setup costs on in ‘What you’ll get’. Also added information about what to do if a young person leaves their job placement early in ‘Getting the young people into the job placements’: https://www.gov.uk/guidance/apply-for-a-kickstart-scheme-grant

Events
Free Workshop: Bid and tenders – how to win contracts
Don’t miss out! The Supply Chain Network’s final webinar of the series takes place on 23 & 24 March if you want to learn more about securing work with new clients, and retaining current contracts. The February workshop saw a record number of attendees, with really positive feedback and engagement from businesses who were exchanging ideas throughout the session: http://eventpilot.evolutive.co.uk/events.aspx?siteID=47

Energy Breakfast – Responding to the Net Zero Challenge: How to Future-Proof Your Business
Spring 2021 sees the digital return of the popular Energy Breakfast Series hosted by the University of Hull’s Aura Innovation Centre and delivered in partnership with the East Riding of Yorkshire Council ergo centre. The first event of the series, taking place on 25 March, outlines the region’s Net Zero challenge. Exploring what Net Zero means for business and reveal some of the easy steps you can take now to reduce your business’s carbon emissions: https://aura-innovation.co.uk/events/responding-to-the-net-zero-challenge-how-to-future-proof-your-business/

Useful Links
You may wish to save the links below, which will provide useful information and updates:
East Riding of Yorkshire Council: https://covid19.eastriding.gov.uk/
https://www.businesssupport.gov.uk/coronavirus-business-support/


Watch videos and register for the free webinars to learn more about the support available to help you deal with the economic impacts of coronavirus.
https://www.gov.uk/guidance/help-and-support-if-your-business-is-affected-by-coronavirus-covid-19