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COVID-19

These are hugely uncertain and challenging times for all of us. Here at SCDI, we are keenly aware of the impacts of the COVID-19 crisis on our members. Our focus is on providing practical support and influence to stabilise our economy, save businesses and protect jobs.

If we can help, or if you want to raise an issue, contact us at views@scdi.org.uk.

WORKING FOR YOU

We continue to represent your views at the highest level, working daily with both the UK Government and the Scottish Government, in addition to other key agencies and organisations, on your behalf to help Scotland’s people and economy.

Our collective voice is informing government action:

We continue to underline the need get funding to employers of all sizes in all sectors to support business cash flow and protect livelihoods. Our blog underlines the need to get help to those who need it quickly and provide clear, easy to understand guidance.

BUSINESS SUPPORT

Financial Support

  • The Coronavirus Job Retention Scheme allows all employers to access funding to pay 80% of furloughed employees’ wages up to £2,500 per month.
  • Scottish Government COVID-19 business helpline. Call 0300 303 0660
  • Concerned about paying your tax? Call HMRC 08000 241222 for help and advice.
  • All VAT payments between 20 March and 30 June have been automatically deferred for all businesses to March 2021.
  • All businesses can apply to Companies House for a 3-month extension for filing their accounts. All applications citing issues around COVID-19 will be automatically and immediately approved.
  • Regulation and insolvency rules have been temporarily suspended to help businesses.
  • The Third Sector Resilience Fund helps organisations who deliver products and services.
  • Scottish Enterprise can help with Supply Chain Support.

Large Employers

  • The COVID-19 Corporate Financing Facility joint HM Treasury and Bank of England lending facility to support liquidity in larger firms to help them bridge disruption.

SMEs

  • The Self-Employed Income Support Scheme will provide a taxable grant worth 80% of trading profits up to a maximum of £2,500 per month from June.
  • The British Business Bank is administering the Coronavirus Business Interruption Loan Scheme with interest-free loans for 12 months of up to £5m for businesses with annual turnover of less than £45m, including the self-employed, freelancers and sole traders.
  • Employers with fewer than 250 employees will be able to reclaim Statutory Sick Pay for workers who have been off due to COVID-19. System is not yet running.
  • Non-Domestic Rates relief worth 1.6% is being automatically applied to all non-domestic properties by all 32 local authorities.
  • Non-Domestic Rates relief worth 100% will be available shortly for all retail, hospitality and leisure businesses.
  • Small businesses in retail, hospitality and leisure can for a one-off grant of £25,000 from their local authority. Applicants have been requested to patient in the face of stretched resources and high levels of demand.
  • Small businesses who benefit from the Small Business Bonus can for a one-off grant of £10,000 from their local authority. Applicants have been requested to patient in the face of stretched resources and high levels of demand.
  • Small businesses who get Rural Relief can apply for a one-off grant of £10,000.
  • Be the Business have produced insurance advice for SMEs, including a 5-minute checklist and resource signposting.
  • Free virtual and local support is available from Business Gateway.

MEMBER RESPONSE

Can you step up or start production of critical personal protective or medical equipment such as ventilators, masks, hand sanitiser, swabs-testing kit or visors for NHS Scotland? Check the Guidance for businesses and email them at covid19response@gov.scot.

Volunteers are sought to help provide practical or emotional support to our NHS or our communities.

The University of Dundee and Edinburgh Napier University donated robotics, ventilators and other vital medical equipment to the NHS.

Wheatley Group made over 300 empty homes available to local authorities to give temporary accommodation to the homeless.

AV One Solutions’ engineers are using time at home to upskill, studying online through manufacture training or video sessions.

Let us know how you’re responding by emailing views@scdi.org.uk.

 

 

 

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