OVERVIEW OF AVAILABLE SUPORT
Dependent on individual circumstances, you should be able to access support through one or more of the following schemes.
Self Employed Income Support Scheme
This scheme can be used if you are self-employed or you’re a member of a partnership and have lost income due to the coronavirus.
The scheme will allow an individual to claim a taxable grant worth 80% of trading profits up to a maximum of £2,500 per month for the next 3 months. This may be extended if needed.
You can apply if you’re a self-employed individual or a member of a partnership and you:
- have submitted your Income Tax Self Assessment tax return for the tax year 2018-19
- traded in the tax year 2019-20
- are trading when you apply, or would be except for COVID-19
- intend to continue to trade in the tax year 2020-21
- have lost trading/partnership trading profits due to COVID-19
Your self-employed trading profits must also be less than £50,000 and more than half of your income comes from self-employment. More information about this scheme can be found at https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme.
Those eligible under the Self-Employment Income Support Scheme (SEISS), which has so far seen 2.3 million claims worth £6.8 billion will be able to claim a second and final grant in August. The grant will be worth 70% of their average monthly trading profits, paid out in a single instalment covering three months’ worth of profits, and capped at £6,570 in total.
Coronavirus Business Interruption Loan Scheme
The CBILS provides financial support to smaller businesses (SMEs) across the UK that are losing revenue, and seeing their cashflow disrupted, as a result of the COVID-19 outbreak.
British Business Bank operates CBILS via its accredited lenders. There are over 40 of these lenders currently working to provide finance. They include high-street banks, challenger banks, asset-based lenders and smaller specialist local lenders
A lender can provide up to £5 million in the form of term loans, overdrafts, invoice finance or asset finance. CBILS gives the lender a government-backed guarantee for the loan repayments to encourage more lending. The borrower remains fully liable for the debt.
More information can be found at https://www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-scheme-cbils-2/
Universal Credit (UC) is a payment to help with living costs, available to people on a low income or who are out of work. Visit https://www.gov.uk/universal-credit/eligibility to check your eligibility for this form of assistance.
Please note - some banks/building societies are offering ‘mortgage holidays’ for those who have lost income due to coronavirus. It is recommended that you check with your individual lender to find out if you are eligible.
You can also find more information on the Find Business Support website or contact the Scottish Government’s business helpline on 0300 303 0660.
Private and third sector providers
All private and third sector providers who provide funded ELC in their settings will continue to receive payments from their local authority for these funded ELC hours. Your local authority will be in contact with you to confirm local arrangements for these payments.
Private and third sector providers will be able to access the following support measures.
Coronavirus Job Retention Scheme
All UK employers with a PAYE scheme can access support to safeguard workers from being made redundant.
The Scheme applies to employees who have been asked to stop working, but who are being kept on the pay roll, otherwise described as ‘furloughed workers.
September: The government will pay 70% of wages up to a cap of £2,187.50. Employers will pay ER NICs and pension contributions and 10% of wages to make up 80% total up to a cap of £2,500. For the average claim, this represents 14% of the gross employment costs the employer would have incurred had the employee not been furloughed.
October: The government will pay 60% of wages up to a cap of £1,875. Employers will pay ER NICs and pension contributions and 20% of wages to make up 80% total up to a cap of £2,500. For the average claim, this represents 23% of the gross employment costs the employer would have incurred had the employee not been furloughed.
Flexible Furloughing started on 1 July 2020 which allows businesses to have the flexibility to bring furloughed employees back to work part time. The government’s Coronavirus Job Retention Scheme (CJRS) has so far helped protect more than 9.3 million jobs through the pandemic, with employers claiming more than £25.5 billion to support wages. The scheme will remain open until the end of October.
Statutory Sick Pay
As of 13 March 2020, employees and workers must receive any Statutory Sick Pay (SSP) due to them from their first day of self-isolation if it’s because:
• they have coronavirus
• they have coronavirus symptoms, for example a high temperature or new continuous cough
• someone in their household has coronavirus symptoms
• they’ve been told to 'shield' by the NHS because of an underlying health condition
• they've been told to self-isolate by a doctor or NHS 111
• they’ve been told to self-isolate by a government 'test and trace' service, because they’ve been in close contact with someone who tested positive with 'Test and Protect'
Some employers can claim back up to 2 weeks’ SSP they’ve paid to anyone because of coronavirus. Find out more about claiming back SSP due to coronavirus on GOV.UK.
Employees who are in self-isolation need to follow their workplace’s usual sickness reporting process.
Employees can 'self-certify' for the first 7 days off work. This means following their workplace process but not having to get a note from a doctor or NHS 111.
Those self-isolating due to coronavirus for more than 7 days can get an online self-isolation note from the NHS website.
If you can work from home whilst self-isolating, you will not be able to claim sick pay.
Third Sector Providers
Due to the overwhelming demand for the TSRF, the Scottish Government announced a second phase to the fund and pledged additional funding.
For Phase 2 of the Third Sector Resilience Fund, the guidance and criteria have been adapted to maximise the number of third sector organisations that benefit from it:
• Applicants must be at risk of or unable to cover essential costs within 12 weeks from the date of application
• The maximum grant amount awarded will be £75,000
• Funding requests must be for a three-month period (previously four months)
• Eligible costs will be mostly limited to overheads and essential staff (administrative for example) who cannot be furloughed. Please visit the FAQs section for more detailed information
• All grant applications requesting £50,000 or more will be considered for a loan, a grant or a blended approach (part grant, part loan)
Employment & Self-Employment Coronavirus Help
The Money Saving Expert website is a good source of information and advice on employment matters and more:
Coronavirus (COVID-19) Support to Childcare Sector
Please find below links that will offer support at this time:
The Transitional Support Fund has been sit up to help childcare providers in the private, voluntary and not-for profit sectors, including out-of-school care providers to meet the extra costs incurred to comply with public health guidance in response to COVID-19.
The Transitional Support Fund opened for applications on 3 September 2020 and the last date for submitting a grant application will be Friday 9 October.
You will also need to confirm that your setting has already reopened or confirm that your setting will have reopened by Monday 7 September.
ELC Workforce Health and Wellbeing
Wellbeing Hub: The Wellbeing Hub was launched on 7July 2020, it provides a range of practical Wellbeing support working in Early Learning and Childcare (ELC). It hosts a wealth of resources to support in understanding Wellbeing, mental health and mental illness. It also provides the opportunity to connect those working within the early years sector to share practice, thoughts and ideas.
Early Years Scotland also support members by offering up to date guidance on COVID-19 as well as creating a document on Wellbeing and Support Guidance for ELC settings.