We are deeply concerned about the plight of some smaller businesses across the UK including c. 3m self-employed directors of limited companies. Known as Excluded UK, many are not eligible for the government’s existing grants and schemes 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 hard behind the scenes to try and influence the government to look at introducing more support for SMEs and the Excluded UK group.
To provide some practical input to support the government and to try and help these excluded businesses claim support, the UK200Group, of which Lambert Chapman is a member, has 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). You can read the proposals in full on the UK200Group website.
News in recent days suggests that the government is considering additional support. Clearly this news is very welcome but there is no guarantee that additional support will be forthcoming.
Ever-focused on how we can help, we have written to other local business groups and our local MP’s, to try and get the government to look at extending support along the lines of our proposed schemes.
In the meantime, 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 SMEs should do in January. You can download your copy of the checklist here.
Helpful information and advice about matters that may be affecting you in these unusual times
To help all of our clients and your wider family and friends, we have developed a series of helpful articles and information about various topics that you may be concerned about right now. We have added these to a dedicated section on our website which you can access here.
We are constantly adding new articles and information as things progress.
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These continue to be challenging times. We want you to know that we are here, ready and able to help.
Disclaimer
The views expressed in this article are the personal views of the Author and other professionals may express different views. They may not be the views of Lambert Chapman LLP. The material in the article cannot and should not be considered as exhaustive. Professional advice should be sought in connection with any of the issues contained in the article and the implementation of any actions.