COVID-19 Guidance for Scottish Businesses
1st April 2020
UK government guidance
The UK Government has collected all information relating to guidance and support available for Scottish businesses during the COVID-19 crisis. This includes:
- Guidance for employers and employees
- UK Government Support available to Scottish businesses:
Support for businesses through the Coronavirus Business Interruption Loan Scheme via the British Business Bank. The scheme will be interest free for 12 months.
Support for businesses paying tax. from HMRC.
Businesses will receive government grants worth up to 80% of wages to keep workers in jobs. The Coronavirus Job Retention Scheme will pay up to £2,500 per worker each month, helping those who are self-isolating or caring for loved ones.
VAT payments for the next quarter will be deferred, so no business will pay any VAT for the next three months.
The Self-employment Income Support Scheme will support self-employed individuals (including members of partnerships) whose income has been negatively impacted by COVID-19.
- How you can help
scottish GOVERNMENT guidance
Scottish Government support and guidance, available here.
Further guidance on Support available to Scottish businesses can be found here.
Please note that, as official guidance is updated often, businesses should seek their specific guidance where relevant and applicable.