COVID-19: measures for UK businesses

The Chancellor has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-19.
The government's Coronavirus Business Interruption Loan Scheme went live for applications from today (23 March).
We set out a summary of the salary support and tax deferral schemes that were announced on 20 March 2020.
The UK economy is facing its 'worst recession in modern history'.
British banks must keep lending to businesses through the coronavirus crisis to ensure viable companies do not fail, the government and financial regulators have urged.
On the 26 March, Chancellor Rishi Sunak announced a scheme to help self-employed workers who have been hit by the COVID-19 crisis.
Businesses that have been affected by the COVID-19 pandemic and are seeking to make use of the VAT deferral have been urged to cancel their direct debits 'as soon as they can'.
HMRC has published guidance on recognising genuine contact from the tax authority during the COVID-19 pandemic.
The government has relaxed the insolvency regulations during the COVID-19 pandemic in order to give restructuring businesses time to continue trading.
Company directors who receive salaries through Pay as You Earn (PAYE) are eligible for furlough under the government's Coronavirus Job Retention Scheme.
The government has published details on the COVID-19 support schemes for small businesses and retailers.
A significant number of UK firms face the prospect of running out of cash within three months, according to a survey carried out by the British Chambers of Commerce (BCC).
About us

We were established over 80 years ago

We continue to build on our enviable reputation for providing excellent advice and first class service to our business and personal clients alike...

Bere Mill Cows image by Henry Lawford, licensed under CC 2.0 license.

© 2020 Montpelier Professional (Galloway) Limited . All rights reserved. We use cookies on this website, you can find more information about cookies here. powered by totalSOLUTION

Newton Stewart Office : Montpelier Professional (Galloway) Limited , 1 Dashwood Square, Newton Stewart, Dumfries & Galloway DG8 6EQ
Stranraer Office : Montpelier Professional (Galloway) Limited , 46A Hanover Street, Stranraer, Dumfries & Galloway DG9 7RP

VAT No 151 179 030. Registered in England and Wales No. 06025692. Registered Office: Sanderson House, Station Road, Horsforth, Leeds LS18 5NT. Montpelier Chartered Accountants is a trading name of Montpelier Professional (Galloway) Limited.

Professional Indemnity Insurers: Great Lakes Insurance SE, Plantation Place, 30 Fenchurch Street, London, EC3M 3AJ and Lloyds of London, One Lime Street, London, EC3M 7HA