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1230579
star this property registered interest false more like this
star this property date less than 2020-09-02more like thismore than 2020-09-02
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury remove filter
star this property hansard heading Small Businesses: Coronavirus more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what support is available to small businesses which do not meet the definition of a business in the retail, hospitality and leisure industry and therefore do not qualify for the Retail, Hospitality and Leisure Grant Fund but which were directly affected by closures in those industries during the covid-19 outbreak. more like this
star this property tabling member constituency Erith and Thamesmead more like this
star this property tabling member printed
Abena Oppong-Asare more like this
star this property uin 84369 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2020-09-07more like thismore than 2020-09-07
star this property answer text <p>Small businesses which were not eligible for the Retail, Hospitality and Leisure Grant Fund may have been able to receive a grant from the Local Authority Discretionary Grant Fund. Local Authorities had significant discretion when it came to setting the eligibility criteria for their discretionary grant schemes. In some areas, small businesses outside of the retail, hospitality and leisure sectors may have been able to receive discretionary grants.</p><p> </p><p>Small businesses which did not receive any grants should have been able to benefit from other measures in the Government’s unprecedented package of support for business during the COVID-19 crisis, including:</p><p> </p><ul><li>An option to defer VAT payments by up to twelve months;</li><li>The Bounce Back Loan Scheme, which will ensure that small and micro businesses can quickly access loans of up to £50,000 which are 100 per cent guaranteed by the Government;</li><li>The Coronavirus Business Interruption Loan Scheme, now extended to cover all businesses including those which would be able to access commercial credit;</li><li>The Coronavirus Job Retention Scheme, to support businesses with their wage bills; and</li><li>The Self-Employment Income Support Scheme, to provide support to the self-employed.</li></ul>
star this property answering member constituency Saffron Walden more like this
star this property answering member printed Kemi Badenoch more like this
star this property question first answered
remove filter
unstar this property answering member
4597
star this property label Biography information for Kemi Badenoch more like this
star this property tabling member
4820
unstar this property label Biography information for Abena Oppong-Asare more like this