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Government support for individuals and businesses from the impact of Coronavirus.
Ward Williams is prepared for continuing timely support to our clients. We have identified the requirements for each area of the business to function and we are able to provide the appropriate resources to assist your business.
We detail below some recent Government initiatives in response to this disruptive event.
Financial Assistance for Businesses and Employers
This guidance provides details of support available to businesses. Including details arising from the Governments announcements specifically relating to financial assistance to businesses.
IR35 / Off worker rules update
The Government has announced it will delay the roll-out of new IR35 Off-Payroll Tax rules for 12 months. This announced by the chief secretary to the Treasury, Steve Barclay, in the House of Commons on 17 March 2020.
Practical steps for SMEs
There are a number of practical steps that SMEs can take to mitigate the impact that the spread of the disease could have on market demand.
Statutory Sick Pay
The Chancellor confirmed the amendment previously announced by the Prime Minister on 4 March 2020 that the requirement for three waiting days is to be suspended allowing SSP to be paid from the first day of absence as an emergency measure following the outbreak of coronavirus (COVID-19).
