Coronavirus: Measures for small business owners in the Budget
In the Budget today the Chancellor of the Exchequer, Rishi Sunak, announced a set of measures to support those affected by Coronavirus, including small business owners.
The Budget also included a plan to provide support for public services and individuals affected by COVID-19.
These measures include £2bn of sick-pay rebates for up to two million small businesses with fewer than 250 employees, and £1bn of lending via a government-backed loan scheme, with the government backing 80% of losses on bank lending. Any company eligible for small business rates relief will also be allowed a £3,000 cash grant.
The College of Podiatry urges its members to read more about the measures that the Treasury has put in place today to support those affected by Coronavirus.
Download Support for those affected by COVID-19