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Are you running a Shop, Restaurant, Cafe or a Hotel?

Good news from Apex Associates LLP

Small and medium businesses are experiencing a novel situation never seen like this before. Strangely a natural calamity catastrophe in the shape of a virus has infiltrated the environment that transmits to people and kills.

Very well over 100 thousand people have been infected so far and according to certain reports, the actual numbers of infected people are very high as a big number is not yet diagnosed as such.

CorovirusImage by who.int

Image Source: https://www.who.int/emergencies/diseases/novel-coronavirus-2019/advice-for-public

A simple impact assessment would show that people have to resort to social-distancing and self-isolation. In turn, such distancing and isolation would slow down the customers visiting the shops and business outlets damaging the businesses to a big scale.

The most hit will be the small businesses whose daily earnings are depending upon a daily visit by their customers. In the wake fo the novel situation that has been created by the novel coronavirus, the Government has announced certain reliefs to the eligible businesses.

Find a snapshot of the relief and also call Apex Associates LLP to ascertain whether you are eligible for one or more of them.

accounting servicesImage by  Unsplash

Business Rates

You will not pay Business Rates or will pay at a reduced rate if your business has a rateable value of less than £51,000

Small businesses may enjoy further relieves such as:

Cash grants

up to £3,000 to very small business accounting services

Bank Loans

The government will back banks to offer loans to small and medium-sized businesses

Statutory Sick Pay

Businesses paying Statutory Sick Pay due to coronavirus can reclaim the payments

We will help our customers in their businesses and provide the best  Accounting Services in East London and the rest of the United Kingdom.

Call Apex Associates LLP to check your eligibility, now.

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