Updated Information on how small businesses and the self-employed can weather Covid 19 – May 7th, 2020

A few different announcements have been made over the last couple of days, so I thought I would put them all into one blog post instead of one for each.

Yesterday the government announced that a revaluation of business rates will not take place in 2021. They decided to postpone this exercise to help businesses who have been affected by Covid-19. They have not stated when this revaluation will take place. I will of course share that information as and when it is announced.

Companies House are also doing all they can to help businesses at this time. They have already extended the filing period so that companies can apply for a 3-month extension to file their yearly accounts, but now they have also announced that they are going to pause the strick-off process which will prevent businesses from being dissolved.

I am continually monitoring the updates that the government and other business-related departments release and will continue to share that information for as long as I feel that it is beneficial to all businesses in the UK.

The information and policies are continually being updated by the government, so I urge you to keep on top of the information by visiting the relevant website for your area.

UK:
https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses
Scotland: https://www.gov.scot/coronavirus-covid-19/
Wales: https://gov.wales/business-and-employers-coronavirus
Northern Ireland: https://www.nibusinessinfo.co.uk/

I will be trying to keep myself as informed as possible and will share relevant information on my fb business page: https://www.facebook.com/ihelmenterprises/