Whether you are a migrant employer or employee, you are eligible to access support from the government due to the COVID-19.

 


Coronavirus Job Retention Scheme

 

If you are an employer as Tier 1 Entrepreneur with a PAYE scheme, you can access support to continue paying part of your employees’ salary instead of laying them off.

 

This applies to employees who have been asked to stop working because of coronavirus, but are being kept on the payroll. They are known as ‘furloughed workers’. HMRC will pay 80% of their wages, up to £2,500 per month.

 

If you (Tier 2G worker or sole representative worker or any workable visa holder) and your employer both agree, your employer might be able to keep you on the payroll if they’re unable to operate or have no work for you to do because of coronavirus (COVID-19). This is known as being ‘on furlough’. 

Your employer could pay 80% of your regular wages through the Coronavirus Job Retention Scheme, up to a monthly cap of £2,500.

You’ll still be paid by your employer and pay taxes from your income. You cannot undertake work for your employer while on furlough.

 

 

Deferring VAT

 

If you’re a UK VAT registered business and have a VAT payment due between 20 March 2020 and 30 June 2020, you have the option to defer payment until 31 March 2021.

 

Coronavirus Business Interruption Loan Scheme

 

If you are a small to medium-sized business (SME) you may be able to apply for a temporary loan, overdraft, invoice finance and asset finance of up to £5 million, for up to 6 years.

 

You may also be eligible for Business Interruption Payment to cover the first 12 months of interest payments and any lender fees. The government will give lenders 80% guarantee on each loan (subject to pre-lender cap on claims).

 

Support for businesses paying tax: Time To Pay Service

 

If you cannot pay your tax bill on time because of coronavirus, you may be able to delay it without penalty using HMRC’s Time to Pay service.

 

You may be eligible if you are a UK business that:

 

 

 

 


Coronavirus Business Interruption Loan Scheme

 

If you are a small to medium-sized business (SME) you may be able to apply for a temporary loan, overdraft, invoice finance and asset finance of up to £5 million, for up to 6 years.

You may also be eligible for Business Interruption Payment to cover the first 12 months of interest payments and any lender fees. The government will give lenders 80% guarantee on each loan (subject to pre-lender cap on claims).

However, you might not eligible to apply universal credit to apply income tax benefit as most of visa holders are limited to access public fund.