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COVID-19: Business Support - Expectations vs. Reality

31 March 2020

COVID-19: Business Support - Expectations vs. Reality

The recent Budget and subsequent announcements by the Chancellor included measures to help both businesses and workers cope with the effects of the coronavirus (‘COVID-19'). In recent weeks, several policies have been revealed to help businesses manage the impact and Welsh Assembly Government are announcing a range of measures to enhance support for Welsh businesses this week. These schemes will be run centrally by the Government through local authorities and as an extension of existing processes such as PAYE and the administration of business rates. As a result, the implementation and subsequent efficiency of these schemes can be directly influenced by the UK government through ordinary channels.

To read the full report, please click here.

If you would like to set up a call to discuss the challenges facing your business, understand the most appropriate funding options available and best practice in presenting your COVID-19 plan to your stakeholders, please contact a member of the team.