Government launches support finder tool for businesses

The UK government has launched a new online platform to help businesses access financial support during the coronavirus (COVID-19) pandemic.

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The UK government has launched a new online platform to help businesses access financial support during the coronavirus (COVID-19) pandemic.

The government has rolled out a range of loans, tax reliefs and cash grants to combat the adverse economic effects of the COVID-19 lockdown.

The Coronavirus Business Support Finder Tool asks business owners to fill out a short online questionnaire. They are then directed to a list of the financial support for which they may be eligible.

The tool takes the user through various questions about their business, including location, number of employees and turnover.

Commenting on the launch of the tool, Chancellor Rishi Sunak said: 'We've launched an unprecedented package of support to protect jobs, businesses and incomes during these challenging times. Millions are already benefiting and this new online tool will allow firms and individuals to identify what help they are entitled to in a matter of minutes.'

For more information about S I Ahmed & Co. Certified Public Accountants, Chartered Payroll Professionals, Tax and Business Advisors, please contact us.

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