Working hard in Sussex to try and get more financial support for SMEs

We are deeply concerned about the plight of smaller businesses across the UK, including the approximately three million self-employed directors of limited companies, who are not eligible for the government's existing grants and have therefore been excluded from the financial support measures thus far during Covid-19. 

And this is one of the reasons why we are working behind the scenes to try and influence the government to introduce more support for SMEs.

To provide some practical input to the government and to try and help the 'excluded' get support, the UK200Group, of which Knill James is a member, has produced a document outlining a practical and fair set of measures for the government's consideration. Our proposal is called the Business Owners Support Scheme (BOSS) and you can find a copy of it here. We have also been liaising with business groups and MPs to try and get the government to look at extending support along the lines of our proposed scheme.

Recent news suggests that the government is considering additional measures to help which would clearly be very welcome. There is no guarantee that any support will be forthcoming, but we will keep you informed of any new developments.

In the meantime, we urge all small business owners to focus on the practical things they can and should be doing right now. We have produced a handy and practical checklist which you can find here.

If you need any further help or guidance, please do get in touch.