Covid timeline – Finance

Final day:

• for qualifying small and medium sized businesses to apply for the Bounce Back Loan;
• for qualifying small and medium sized businesses to apply for support under the Coronavirus Business Interruption Loan Scheme (“CBILS”);
• for qualifying medium and large sized business to apply for support under the Coronavirus Large Business Interruption Loan Scheme (“CLBILS”);
• To arrange the transfer of the following loans up to £50,000 into the Bounce Back Loan Scheme with your lender:
• CBILS;
• CLBILS; and
• COVID-19 Corporate Financing Facility

31 March 2021 – Suspensions on the following are lifted:

• • Winding Up Petitions presented between 1 March 2020 and 31 March 2021 (where the pandemic caused the relevant financial difficulties); and
  • Winding Up Proceedings based on Statutory Demand that was served between 1 March and 31 March 2021.

End of business rates relief for businesses in the retail, hospitality and leisure sectors.

• – End of temporary 5% reduced rate of VAT for hospitality, holiday accommodation and attractions.