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1185688
registered interest false more like this
date less than 2020-03-17more like thismore than 2020-03-17
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Self-employed: Coronavirus more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the effect of covid-19 on sole traders; and what steps he is taking to support sole traders with reduced income during the covid-19 outbreak. more like this
tabling member constituency North East Bedfordshire remove filter
tabling member printed
Richard Fuller more like this
uin 30725 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-03-27more like thismore than 2020-03-27
answer text <p>In order to help UK businesses during the Coronavirus outbreak, we have made an unprecedented level of support available in the form of cash grants and business loans.</p><p> </p><p>The Coronavirus Business Interruption Loan Scheme (CBILS), delivered by the British Business Bank, is now available for eligible smaller businesses including unincorporated businesses, such as partnerships and sole traders. Decision-making on whether a business is eligible to access CBILS will be fully delegated to the 40+ accredited lenders. The Scheme covers overdrafts, loans, asset finance, and invoice finance. Full guidance, including eligibility criteria, will be published at: <a href="http://www.british-business-bank.co.uk/cbils" target="_blank">www.british-business-bank.co.uk/cbils</a>.</p><p> </p><p>In addition, HMRC have set up a tax helpline on 0800 0159 559 to support and advise businesses and self-employed people concerned about missing tax commitments due to Coronavirus. Further detail on the Government’s support package for businesses is at: www.businesssupport.gov.uk/coronavirus-business-support/</p>
answering member constituency Stratford-on-Avon remove filter
answering member printed Nadhim Zahawi more like this
question first answered
less than 2020-03-27T14:13:25.367Zmore like thismore than 2020-03-27T14:13:25.367Z
answering member
4113
label Biography information for Nadhim Zahawi more like this
tabling member
3912
label Biography information for Richard Fuller more like this