Originally written by Anna Jordan on Small Business
After almost a year of lockdowns and restrictions, coronavirus business support is still very much needed by firms across the UK.
We’ve gathered a list of government help, past and present, to let you know what is available to you.
Active
These funding and support opportunities are currently open. You can find further information within the links in the headings.
Deadlines are also outlined below.
Additional Restrictions Grant
Available for businesses that are not covered by other grant schemes or where additional funding is needed.
Deadline: Ongoing
Bounce Back Loan Scheme
Loans of between £2,000 and £50,000, up to 25 per cent of turnover
The government guarantees 100 per cent of the loan with no fees or interest to pay for the first 12 months. After 12 months the interest rate will be 2.5 per cent a year
Companies can now apply for a top-up in cases where they initially did not borrow the full amount available
Deadline: March 31 2021
> See also: Microbusiness £50,000 Bounce Back Loans – how they work
Business Rates Holiday
Businesses in the retail, hospitality and leisure sectors in England will not have to pay business rates for the 2020-2021 tax year.
Deadline: April 6 2021
Commercial eviction ban
Landlords have been banned from turfing