Cabinet Office shares latest guidance and support for businesses

THE Cabinet Office has asked the Chamber to publicise the latest guidance and announcements that have been made available.

These include the UK's roadmap to rebuild Britain, the Government's guarantee on Trade Credit Insurance, Holiday entitlement and pay, Self-Employment Income Support Scheme and a Safer Transport Toolkit for public transport stakeholders.

1) Roadmap Taskforces: https://bit.ly/RoadmapTaskforces

Further details of the five new ministerial-led taskforces that have been set up to develop plans for how and when closed sectors can reopen safely, following publication of the UK’s roadmap to rebuild Britain.

2) Trade Credit Insurance: https://bit.ly/CV19TradeCreditInsurance

The government will temporarily guarantee business-to-business transactions currently supported by Trade Credit Insurance, ensuring the majority of insurance coverage will be maintained across the market. This will support supply chains and help businesses to trade with confidence as they can trust that they will be protected if a customer defaults on payment.

3) Holiday entitlement and pay: https://bit.ly/HolidayEntitlement

An explanation of how holiday entitlement and pay operate during the coronavirus pandemic, where it differs from the standard holiday entitlement and pay guidance. This guidance applies to those that have continued to work as well as those that have been furloughed.  

4) Self-Employment Income Support Scheme: https://bit.ly/SelfEmployedSupport

The Self-Employment Income Support Scheme went live yesterday so self-employed individuals or members of partnerships whose business has been adversely affected by coronavirus can apply for a grant worth 80% of their average monthly trading profits, up to a maximum of £7,500, paid in a single instalment. You can check eligibility using the link above. 

5)) Safer Transport Toolkit: https://bit.ly/SaferTravelToolkit

As people are starting to return to work, we have created a Safer Transport toolkit for stakeholders to share to help inform the public on the necessary steps they should be taking to stay safe when they travel using any form of transport.