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<p>The government has set out specific measures to support childcare providers during
the COVID-19 outbreak:</p><ul><li>We will continue to pay funding to local authorities
for the early years entitlements for 2, 3 and 4-year-olds</li><li>To support private
nurseries, the Chancellor of the Exchequer has also announced that they will be eligible
for a business rates holiday for one year from 1 April</li></ul><p> </p><p>Childcare
providers will also benefit from the wider measures the Chancellor of the Exchequer
has announced to support the people and businesses of the UK:</p><ul><li>A three-point
plan announced in the Budget providing £12 billion of support for public services,
individuals and businesses whose finances are affected by the outbreak</li><li>A package
to provide additional support for businesses and individuals totalling £350 billion</li><li>The
Coronavirus Job Retention Scheme to help firms continue to keep people in employment.
This means that businesses can put workers on temporary leave and the government will
pay them cash grants of 80% of their wages up to a cap of £2,500, providing they keep
the worker employed</li><li>A scheme to help the UK’s self-employed who are affected
by the coronavirus outbreak. The new Self-Employed Income Support Scheme will enable
those eligible to receive a cash grant worth 80% of their average monthly trading
profit over the last three years. This covers 95% of people who receive the majority
of their income from self-employment</li><li>On 28 March, my right hon. Friend, the
Secretary of State for Business, Energy and Industrial Strategy, announced that the
government will also temporarily suspend the wrongful trading provisions to give company
directors greater confidence to use their best endeavours to continue trading during
this outbreak, without the threat of personal liability should the company ultimately
fall into insolvency.</li></ul><p> </p><p>The government is also providing the following
additional support:</p><ul><li>deferral of Self-Assesment income tax payments due
in July 2020</li><li>VAT payments due with VAT returns between now and the end June
2020 will be deferred. UK VAT registered businesses will not need make those payments
until March 2021</li><li>grants for businesses that pay little or no bussiness rates</li><li>increased
amounts of Universal Credit</li><li>the Coronavirus Business Interruption Loan Scheme</li></ul><p>
</p><p>The latest guidance from the department for early years and childcare providers
can be found here:</p><p><a href="https://www.gov.uk/government/publications/coronavirus-covid-19-early-years-and-childcare-closures/coronavirus-covid-19-early-years-and-childcare-closures"
target="_blank">https://www.gov.uk/government/publications/coronavirus-covid-19-early-years-and-childcare-closures/coronavirus-covid-19-early-years-and-childcare-closures</a>
and</p><p><a href="https://www.gov.uk/government/publications/coronavirus-covid-19-financial-support-for-education-early-years-and-childrens-social-care"
target="_blank">https://www.gov.uk/government/publications/coronavirus-covid-19-financial-support-for-education-early-years-and-childrens-social-care</a>.</p>
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