answer text |
<p>Throughout the Covid-19 crisis, the Government has protected people’s jobs and
livelihoods while also supporting businesses and public services across the UK. Food
and drink wholesalers have been eligible for a number of economic support schemes,
including:</p><p> </p><ul><li>The Coronavirus Job Retention Scheme;</li><li>Deferral
of VAT payments due between 20 March and 30 June 2020; and</li><li>The Bounce Back
Loan Scheme for small businesses to borrow between £2,000 and £50,000, with no interest
payments or fees for the first 12 months. This has now been succeeded by the Recovery
Loan Scheme, which launched on 6th April 2021.</li></ul><p> </p><p>Wholesalers in
England may also receive further support with their fixed costs from local authorities
through the £2.1 billion in funding made available for discretionary Additional Restrictions
Grants to support local businesses.</p><p>Businesses may also be eligible for other
elements of the Government’s support package including government-backed loans, tax
deferrals, and general and sector-specific grants. The Government urges businesses
to visit the online Coronavirus Business Support Finder Tool for tailored information
on how to access support available to them.</p>
|
|