WHAT IS SME: SOS?
I know that it all feels a little upside down right now still but I wanted to reach out and connect with you all!
As we all know, small & medium businesses make up 99.9% of all private sector businesses in the UK, but they are under threat, now more than ever.
With this in mind I have launched SME: SOS as a free resource to empower small businesses with the latest information & highlight the help available to them. This is a platform to make sure that you do not feel alone through this tumultuous time.
I’ll be talking to the community every day through my Instagram & will be feeding back the urgent needs of SMEs to the Government, on what more they can do. I am virtually right next to you,
HOW BEST TO CLAIM SUPPORT
Rightly so, there’s been so much talk about how and if small business founders are eligible for the Government’s schemes. So Holly is here to demystify it all, make sure that you get clued up on all key things you should.
This is Holly Tucker’s guide to the Self Employment Scheme and how best to claim support, from the Coronavirus Business Interruption Loan Scheme to Universal Credit and how to defer income tax payments.
And remember, the Government wants you to claim – it’s not trying to catch you out!
A SIMPLE GUIDE TO FURLOUGH
Holly has created a handy guide to give you an overview of everything you need to know! The Coronavirus Job Retention scheme allows employers to put staff who can’t work because of coronavirus on ‘furlough’ – or ‘on hold’ – and the Government will cover 80% of their salary, up to £2,500 per month, for at least 3 months starting from 1 March 2020.
With this, she has collated her best tips to explain what can at first seem like a complicated way to receive financial support and some tools that may help.
Plus some handy tips on who is eligible, how to apply and ultimately what you need to know.
With thanks to our partners for helping us to bring SME: SOS to life…