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Coronavirus Update

Coronavirus Update

Released On 30th Apr 2020

 

 

 

 

Welcome to the latest update.

South Somerset District Council have processed nearly 2,000 applications for coronavirus support benefits and have, at 27th April, distributed over £19m to eligible applicants.  This demonstrates UK Government support is getting through to affected business.

Yeovil Chamber can confirm that access to the Coronavirus Bounce Back Loan will open on 4th May.  This scheme will help small and medium-sized businesses affected by coronavirus to apply for loans of up to £50,000. To check the T&C, your eligibility, and how to apply, click the link below:

Bounce Back Loan Scheme 

For all other support, click on the relevant link below:

Main GOV.uk Landing Page for information on all HM Government support.  We also advise visiting the following three links, for local government guidance, and UK-wide business sector support:

South Somerset District Council COVID-19 Guidance for Employers & Businesses

Somerset Local Authorities' Joint Statement for Businesses

British Chambers of Commerce for additional UK-wide business-focused guidance.

All of the above links are updated daily.  Yeovil Chamber will continue to update Chamber members as and when new information and support is announced.

Please note that Yeovil Chamber does not currently have the resource to give advice, coordinate applications or act on your behalf.  Any questions regarding individual circumstances should be directed through the official links.  However; Yeovil Chamber is maintaining regular dialogue with key local government officers and other strategic stakeholders, and we will pass on anything of relevance from these sources.  If you have any general questions regarding the overall business situation in and around Yeovil, or have any local business news of relevance please contact our President, David Woan at president@yeovilchamber.org or 07900491211.

It is vitally important during this ongoing and extremely challenging situation to ONLY TAKE ADVICE FROM CENTRALISED SOURCES, such as GOV.uk and HMRC.  Advice originating from non-centralised sources is well-intended, but can be misinterpreted, and in certain cases present additional risk to yourself and others.  Please take care when accessing or acting on non-governmental advice and offers of support, and STAY SAFE!

Health Advice from Public Health England

To receive these newsletters as part of our package of benefits, please go to https://www.yeovilchamber.org/membership/benefits-rates.htm for details of membership benefits, and to join Yeovil Chamber.