Omicron Business Support 2021 | Positive Accountants, York

Omicron Business Support 2021


Omicron Business Support 2021

The government has announced additional economic support to help businesses most affected by the Omicron variant of coronavirus:

businesses in the hospitality and leisure sectors in England will be eligible for one-off grants of up to £6,000 per premises, and more than £100 million discretionary funding will be made available for local authorities to support other businesses

the government will also cover the cost of Statutory Sick Pay for coronavirus-related absences for small and medium-sized employers across the UK

£30 million further funding will be made available through the Culture Recovery Fund, enabling more cultural organisations in England to apply for support during the winter.

There is also continuing financial support. You can find more information by searching for 'Omicron support for businesses' on GOV.‌‌UK.

Statutory Sick Pay Rebate Scheme

If you have fewer than 250 employees, and you’ve paid Statutory Sick Pay (SSP) to employees for absences linked to coronavirus-related sickness or self-isolation, they could be eligible for support.

You will receive repayments at the relevant standard rate of SSP that you paid to your current or former employees for any eligible periods of sickness starting on or after 21‌‌ December 2021.

You will be able to reclaim the costs for up to two weeks of SSP for an employee who takes time off because of coronavirus, regardless of whether you claimed for that employee under the previous scheme.

You will be able to make claims retrospectively from mid-January.

Full guidance, including eligibility and how to make a claim, will be published on GOV.‌‌‌‌UK in due course. In the meantime, you can find out more information by searching for 'COVID-19 economic support package' at GOV.‌‌UK.

Time to Pay arrangements  

If you are facing difficulty in making a tax payment, HMRC stands ready to support any business impacted by the coronavirus pandemic through our Time to Pay arrangements, where you can pay what you owe in affordable instalments.

HMRC will consider offering businesses in the hospitality and leisure sectors in particular the option of a short delay, and payment in instalments, on a case-by-case basis, as part of this. Search GOV.‌‌UK for more information about 'Time to Pay'.

A word about scams  

We’re urging people to be on their guard if they are contacted by someone saying that they’re from HMRC, wanting you to urgently transfer money or give personal information. HMRC will also never ring up threatening arrest. Only criminals will do that.

Tax scams come in many forms. Some threaten immediate arrest for tax evasion, others offer a rebate. Contacts like those should set alarm bells ringing, so take your time and check HMRC scams advice at GOV.‌‌UK.

You can contact HMRC directly but make sure you use the phone numbers on GOV.‌‌UK.

The National Cyber Security Centre has a helpful guide on how to stay secure online and protect yourself against cyber crime, which you can find on GOV.‌‌UK by searching 'Cyber Aware'.

If you are asking yourself:

“Why not?”
“Why not me?
“Why not now?”
The answer is “no reason whatsoever”, so, talk to me and let’s change your business for the better.

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