In response to the period of disruption due to COVID-19, the Chancellor has set out a package of timely and targeted measures to support public services, people and businesses.

The package of measures to support businesses includes:

• Business Loan Scheme: Support for businesses through the Coronavirus Business Interruption Loan Scheme
• Business Financing Facility: Support for larger firms through the COVID-19 Corporate Financing Facility
• VAT and Income Tax Deferment: Support by deferring Value Added Tax and self-employed Income Tax
• HMRC Deferment: Support for businesses paying tax through Time to Pay service
• Business Rates & Cash Grants: Support for businesses that pay business rates & those that pay little or no business rates
• Statutory Sick Pay: Support for businesses who are paying sick pay to employees
• Employee Salary Contributions: Support through the Coronavirus Job Retention Scheme