We are deeply concerned about the plight of the smaller businesses across the UK including the c. 3m self-employed directors of limited companies, who are not eligible for the government’s existing grants, and have therefore been excluded from the financial support measures thus far during COVID-19.
This is one of the reasons that we are working ‘behind the scenes’ to try and influence the government to look at introducing more support for SMEs.
To provide some practical input to support the government and to try and help the ‘excluded’ to get support, the UK200Group, of which Ecovis Wingrave Yeats is a member, produced a document outlining a practical and fair set of measures for the government’s consideration. We call this the Business Owners Support Scheme (BOSS).
News in recent days suggests that the government is considering additional support. Clearly this news is very welcome but no guarantee that additional support will be forthcoming.
Ever focused on how we can help, we have written to other local business groups and Nickie Aiken, our MP, to try and encourage the government to look at extending support along the lines of our proposed schemes.
We urge all small businesses owners to focus on the practical things they can and should be doing right now.
We have produced a handy and practical checklist of The 5 Key things that businesses should do right now for you to download.
These continue to be challenging times. We want you to know that we are here, ready and able to help.