Welcome to our COVID-19 Information Hub

These are turbulent times and things are proving difficult to say the least, but we are here to help

We have set up a COVID-19 hub page to provide you with access to the major online platforms and other regular news updates to ensure you have as much helpful information as possible. We understand that your business may be affected by this unforeseen outbreak and we hope that the content provided will reassure, inform and go some way to reduce the impact.

Please see the links below for up to date information for businesses and employees.

 


 

UPDATE 7th November 2020 – Furlough Scheme Extended until March 2021

The Coronavirus Job Retention Scheme (CJRS) will now run until the end of March with employees receiving 80% of their current salary for hours not worked.

Similarly, support for millions more workers through the Self-Employment Income Support Scheme (SEISS) will be increased, with the third grant covering November to January calculated at 80% of average trading profits, up to a maximum of £7,500.

The Chancellor also announced today an increase in the upfront guarantee of funding for the devolved administrations from £14 billion to £16 billion. This uplift will continue to support workers, business and individuals in Scotland, Wales and Northern Ireland.

The furlough scheme was initially extended until 2 December. But the government is now going further so that support can be put in place for long enough to help businesses recover and get back on their feet – as well as giving them the certainty they need in coming months. Evidence from the first lockdown showed that the economic effects are much longer lasting for businesses than the duration of restrictions.

There are currently no employer contribution to wages for hours not worked. Employers will only be asked to cover National Insurance and employer pension contributions for hours not worked. For an average claim, this accounts for just 5% of total employment costs or £70 per employee per month. The CJRS extension will be reviewed in January to examine whether the economic circumstances are improving enough for employers to be asked to increase contributions.

In addition, the Jobs Retention Bonus (JRB) will not be paid in February and the government will redeploy a retention incentive at the appropriate time. The purpose of the JRB was to encourage employers to keep people in work until the end of January. However, as the CJRS is being extended to the end of March 2021, the policy intent of the JRB falls away.


 

UPDATE 28th October 2020 – £300m Economic Resilience Fund now open for applications

The above fund has, this afternoon ( 28 October ), now opened for applications.

Please follow the link below.

https://businessnewswales.com/300m-economic-resilience-fund-now-open-for-applications/


 

UPDATE 26th October 2020 – WELSH LOCKDOWN BUSINESS FUND

Lockdown Business Fund

This is a fund to provide financial assistance to businesses that are facing operational and financial challenges caused by the national lockdown announced for Wales as a result of COVID-19.

The purpose of the fund is to support businesses with cash flow support to help them survive the economic consequences of the restrictions put in place.

The grant will be open to applications from the 28th October and will close at 5pm on the 20th November or when the fund is fully committed. The fund will be administered by your Local Authority.

The fund consists of two separate grants:

Lockdown Non Domestic Rate Grant

Grant 1
A grant of £5,000 is being made available for retail, leisure and hospitality businesses that have been forced to close (as defined by the regulations) and occupy properties with a rateable value of between £12,001 and £51,000.

Grant 2
A grant of £1,000 is being made available to all businesses eligible for small business rates relief (SBRR) in Wales with a rateable value of up to £12,000 (for further details and exemptions see guidance document).

• Businesses eligible for small business rates relief that have been subject to local restrictions for 3 weeks or more and have been materially impacted (>50% reduction in turnover) up to the 23rd October will be eligible for a further grant of £1,000

and Businesses eligible for small business rates relief that have been forced to close (as defined by the regulations) as a result of the national firebreak lockdown will also be eligible for a further top up grant of £2,000 from their local authority.

You are not eligible for this grant if:
• You are eligible for, or have received, the Lockdown Discretionary Grant from your Local Authority

You will need to be on the NDR rating list for your local authority on 1 September 2020 and will need to complete a simple registration form to receive this grant.

For further information on this grant please read the

Enhanced Lockdown Non Domestic Rate Grant – Guidance (ENG).docx

Lockdown Discretionary Grant

Grant amount 1 – a discretionary grant of £1,500 is available to assist businesses that have:
• Been forced to close (as defined by the regulations) as a result of the national firebreak lockdown
OR are able to demonstrate that the national firebreak lockdown will result in at least a 80% reduction in their turnover for that period

Grant amount 2 – a discretionary grant of £2,000 is available to assist businesses that have:
• Been forced to close (as defined by the regulations) as a result of the national firebreak lockdown
OR are able to demonstrate that the national firebreak lockdown will result in at least a 80% reduction in their turnover for that period

AND have been subject to local restrictions for 3 weeks or more up to the 23rd October and experienced at least a 50% reduction in their turnover for that period.

You cannot apply for Grant 1 and Grant 2.
You are not eligible for this grant if:
• You are eligible for, or have received, the Lockdown Non-Domestic Rate Grant from your Local Authority

· If you have 50 or more employees

· If the business generated less than 50% of your income, the business must be your main source of income.

For further information on this grant please read the

Enhanced Lockdown Discretionary Grant – Guidance (ENG).docx

Applications will be dealt with on a first come first served basis. This may lead to applications not being appraised after they have been submitted if the fund is fully committed.


 

UPDATE 23rd October 2020 – JOB SUPPORT SCHEME (JSS)

The Job Support Scheme (JSS) will open on 1‌‌‌ ‌November and run for six months, until 30‌‌‌ ‌April 2021. The government has said it will review the terms of the scheme in January 2021. There are two variations to JSS – JSS Open and JSS Closed.

The UK government announced yesterday it will significantly increase the generosity and reach of its winter support schemes to ensure livelihoods and jobs across the UK continue to be protected in the difficult months to come, supporting jobs and helping to contain the virus.

In recognition of the challenging times ahead, the Chancellor said he would be increasing support through the existing Job Support and self-employed schemes.

JSS Open will provide support to businesses that are open where employees are working shorter hours due to reduced demand. Your employees will need to work at least 20% of their usual hours. You will continue to pay employees for the hours they work, and the UK government will pay a contribution of 61.67% of the usual pay for hours not worked, up to a maximum of £1,541.75 per month. You will pay 5% of the usual pay for hours not worked, up to a maximum of £125 per month, and can top this up further if you choose. This means employees should receive at least two thirds of their usual pay for hours not worked.

The caps are reduced according to the proportion of hours not worked. Further guidance on this will be available on GOV‌‌‌‌.UK shortly.

You will need to cover all employer National Insurance and pension contributions.

JSS Closed will provide support to businesses whose premises are legally required to close as a direct result of coronavirus restrictions set by one of the four governments of the UK. This includes premises restricted to delivery or collection-only services from their premises, and those restricted to providing food and/or drinks outdoors.

For JSS Closed, the UK government will fund two thirds of employees’ usual wages for time not worked, up to a maximum of £2,083.33 per month. You will not be required to contribute, but you can top up the government’s contribution if you choose to. You will still need to cover all employer National Insurance and pension contributions.

You’ll be able to make your first JSS claim in arrears from 8‌‌‌ ‌December, for pay periods ending and paid in November. Details about how to make a claim should be available by the end of the month.


 

UPDATE 20th October 2020 – £300m to Support Welsh Businesses Affected by Latest Lockdown

The Welsh Government will provide a package of almost £300m to support businesses, which will complement wage-support schemes available from the UK Government. Please follow the link below for further details.


https://businessnewswales.com/300m-to-support-businesses-affected-by-latest-lockdown/


 

UPDATE 7th October 2020 – Economic Resilience Fund (ERF) Phase 3 Eligibility Checker

Businesses across Wales can now find out if they can apply for funding from the third phase of the Economic Resilience Fund (ERF).

Please click on link below for further details.

https://businessnewswales.com/latest-140m-economic-resilience-fund-announced/


 

UPDATE 6th October 2020 – Furlough and Job Retention Bonus Scheme

The Government have provided an update on both the Furlough and Job Retention Bonus Scheme, please see below:

Furlough Scheme

The final date for clients to make claims, covering furlough paid to workers from 1 July onwards, has been set as 30 November 2020.

Job Retention Bonus Scheme (the £1,000 bonus for employers in respect of furloughed employees)

  1. Claims can be made between 15 February and 31 March 2021
  2. Claims can’t be made for any employee, clients have repaid all the grant claim for (for example, the employee was not eligible to claim furlough for)
  3. Clients can still claim if HMRC are checking their claims, but payment may be delayed until the check is completed
  4. Employees transferred under TUPE can be claimed for, but not any transferred after 31 October 2020
  5. At least £1,560 of taxable pay must be paid to any employee you are claiming for in total across the tax months covering 6 November 2020 to 5 February 2021, and a payment must be made to the employee in each of those tax months
  6. Guidance on how to claim through gov.uk, with guidance on how to access the online service being updated by the end of January. Agents can submit claims on behalf of clients.
  7. Getting ready; clients need to ensure that:
    1. They are still enrolled for PAYE online
    2. RTI reporting requirements have been met for all employees between 6 April 2020 and 5 April 2021
    3. Payroll records are kept up to date, and
    4. Comply with all HMRC requests to provide employee data for past furlough claims
  8. The bonus will count as taxable income for calculating the clients taxable profits

 

UPDATE 5th October 2020 – Fund to support creative freelancers in Wales affected by Covid-19

Freelancers working in the cultural and creative sectors in Wales will be able to apply for their share of a £7 million fund – which is targeted specifically at those in the freelance sector hit hardest by the coronavirus (COVID-19) pandemic.

The fund will open for applications on Monday 5 October 2020 and will run over two phases.

Individuals can apply for a £2,500 grant and are asked to check their eligibility before the application process opens by visiting the Eligibility Checker for the Cultural Recovery Fund.

Further information on the scheme including guidance and a set of frequently asked questions will be made available before the Fund launches.

The fund will be open to freelancers in the sub sectors of arts, creative industries, arts and heritage events, culture and heritage, whose work has direct creative/cultural outcomes.

Take a look at the
Business Wales Covid-19 support for business pages to find out what advice and support is available to businesses in Wales.


 

UPDATE 29th September 2020 – Launch of Economic Resilience Fund Phase 3

On 28 September 2020, Ken Skates, Minister of Economy, Transport and North Wales, launched phase 3 of the Economic Resilience Fund ( ERF ).

The Eligibility Checker for companies to find out if they can access funding from the third phase of the ERF will be live during week commencing 5 October.

Click on the link below for further details.

https://gov.wales/written-statement-economic-resilience-fund-phase-3


 

UPDATE 25th September 2020 – Coronavirus Job Support Scheme announced amid a package of new financial measures

Job Support Scheme

On 24 September 2020 the Chancellor announced in the House of Commons the government’s plans for continued support for business and individuals once the coronavirus job retention scheme (CJRS) ends on 31 October.

The replacement for the furlough scheme is intended to support people who are in work so they continue on shorter hours rather than being made redundant.

It will apply to employees working a minimum of 33% of their usual hours. For the remaining hours not worked, the government and the employer will pay one third each. This means employees working 33% of their hours will receive at least 77% of their pay.

The level of grant will be calculated based on employee’s usual salary, capped at £697.92 per month.

All small and medium-sized businesses are eligible but larger businesses will need to show that their turnover has fallen through the crisis.

The new scheme will be open to employers across the UK, even if they have not previously used the furlough scheme.

Employers retaining furloughed staff on shorter hours can claim both the jobs support scheme and the jobs retention bonus.

Self employed income support scheme (SEISS)

The Chancellor also announced that the self-employment income support scheme (SEISS) will be extended to support viable traders who are facing reduced demand over the winter months, covering 20% of average monthly trading profits via a government grant.

The initial lump sum will cover three months’ worth of profits for the period from November to the end of January next year. This is worth up to a total of £1,875.

An additional second grant, which may be adjusted to respond to changing circumstances, will be available for self-employed individuals to cover the period from February 2021 to the end of April.

CBILS

The Treasury will provide support for lenders so they can offer coronavirus business interruption loan scheme (CBILS) borrowers more time to make their repayments where needed.

Businesses who are struggling can make interest only payments or suspend payments completely for six months.

Bounceback Loans

Bounceback loans, which have given £38bn to over a million small businesses, will be paid back through a ‘pay as you grow’ scheme, extending terms from six to 10 years. Interest-only periods of up to six months and payment holidays will also be available to businesses.

The application deadline for all coronavirus loan schemes – including the Future Fund – has been extended to 30 November.

VAT cut extended

The government has extended the 15% VAT cut ( down to 5% ) for the tourism and hospitality sectors to the end of March 2021.

Deferred VAT liabilities

Up to half a million business who deferred their VAT bills will be given more breathing space through the new payment scheme, which gives them the option to pay back in smaller instalments. Rather than paying a lump sum in full at the end March 2021, they will be able to make 11 smaller interest-free payments during the 2021-22 financial year.

Deferred self assessment tax payments

Around 11m self-assessment taxpayers will be able to benefit from a separate additional 12-month extension from HMRC on the time to pay self-service facility, meaning payments deferred from July 2020, and those due in January 2021, will now not need to be paid until January 2022.


 

UPDATE 17th August 2020 – Second stage of Self Employment Income Support Scheme (SEISS) opens for applications today

Millions of self-employed people whose livelihoods have been affected by coronavirus will be able to claim a second payment of up to £6,570 from today.

  • second stage of Self Employment Income Support Scheme (SEISS) opens for applications today
  • those eligible will receive a government grant worth up to £6,570
  • over 2.7 million people have benefitted from the scheme so far, receiving £7.8 billion

Over 2.7 million benefited from the first stage of the SEISS – with the government handing out £7.8 billion of grants to help them through the crisis.

Those eligible will now be able to receive a second and final grant worth 70% of their average monthly trading profits, with the money set to land in their bank accounts within six working days of making a claim.

Anyone whose self-employed business has been adversely affected by coronavirus since 14 July is eligible for the scheme.

Please hit the link for further details – https://www.gov.uk/government/news/million-of-self-employed-to-benefit-from-second-stage-of-support-scheme?utm_source=80615fc0-5519-447c-82f5-5c51a45ba77b&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate


 

UPDATE 2nd July 2020 – Extension to Accounts & Confirmation Statement Deadlines

On 27 June new regulations were signed into law which provides extensions to Accounts & Confirmation Statement deadlines. The key changes are outlined below.

Accounts
The filing deadline will be automatically extended if it falls any time from 27 June 2020 to 5 April 2021. This will be a three month extension. If your company has already had an extension the extension granted by the regulations will apply to your original filing deadline. If you’ve extended your company’s accounting reference period you will be eligible for a legislative extension if your filing deadline falls on or before 5 April 2021.

Confirmation Statements
The current 14 day deadline to file your Confirmation Statement will be extended to 42 days. The review date will remain the same.


 

UPDATE 9th June 2020 – Eligibility Checker Reopens for Next Phase of the Economic Resilience Fund

On 29th May, the Chancellor, Rishi Sunak, announced more details about the extension to the Coronavirus Job Retention Scheme (CJRS), with the key details outlined below for you.

Businesses can now find out if they are eligible to apply for financial support from the next phase of the Welsh Government’s Economic Resilience Fund (ERF). The online eligibility checker has reopened and businesses will be able to make applications for support from this phase of the fund by the end of the month.

The ERF is designed to support businesses, social enterprises and charities, which are not eligible for other Welsh Government and UK Government support schemes.

The next phase of the fund will enable businesses to access a further £100m of financial support. It is being targeted at microbusinesses, SMEs and large businesses of critical economic importance, which have yet to receive financial assistance from the ERF.

https://businessnewswales.com/eligibility-checker-reopens-for-next-phase-of-the-economic-resilience-fund/


 

UPDATE 29th May 2020 – Extended Furlough Details

On 29th May, the Chancellor, Rishi Sunak, announced more details about the extension to the Coronavirus Job Retention Scheme (CJRS), with the key details outlined below for you.

  • The scheme will continue to run as it is until 31st July 2020, i.e. the Government will pay 80% of an employees’ wages up to a maximum of £2500 per month.
  • From 1st August 2020 employers will have to pay the NI and employers pension contribution for employees on furlough (which is currently being funded by the Government).
  • From 1st September employers will have to start paying 10% of the furloughed employees’ wages and the Government will pay the remaining 70% up to a maximum of £2190 per month. Employers will also have to pay the NI and employers pension contribution for employees on furlough.
  • From 1st October employers will have to start paying 20% of the furloughed employees’ wages and the Government will pay the remaining 60% up to a maximum of £1875 per month. Employers will also have to pay the NI and employers pension contribution for employees on furlough.
  • The scheme will then close on 31st October.
  • From 1st July the furlough scheme will become more flexible and you will be able to bring back employees part-time and still claim part of their wages through the furlough scheme, for example, you could bring an employee back to work for 2 days a week and pay the employee for this, and then the furlough scheme will cover the wages for the remaining 3 days per week.

In order to provide this new flexible furlough scheme the Government will close the current scheme to new entrants on 30th June. From this point onwards, you will only be able to furlough employees that you have furloughed for a full three-week period prior to 30th June.

This means that the final date that you can furlough an employee for the first time will be 10‌‌th June for the current three-week furlough period to be completed by 30‌‌ June. Employers will have until 31st‌‌ July to make any claims in respect of the period to 30‌‌ June.


 

UPDATE 19th May 2020 – Coronavirus Statutory Sick Pay Rebate Scheme

Employers will be able to make claims through the Coronavirus Statutory Sick Pay Rebate Scheme from 26 May.

https://www.gov.uk/government/news/coronavirus-statutory-sick-pay-rebate-scheme-set-to-launch
ex


 

UPDATE 13th May 2020 – Applications for Self-Employed Income Support Scheme open today

From 8am this morning self-employed individuals or members of partnerships whose business has been adversely affected by coronavirus will be able to apply for a Self-Employment Income Support Scheme (SEISS) grant worth 80% of their average monthly trading profits.

https://businessnewswales.com/applications-for-self-employment-income-support-scheme-open-today/


 

UPDATE 12th May 2020 – Chancellor extends furlough scheme until October

The government’s Coronavirus Job Retention Scheme will remain open until the end of October, the Chancellor announced today (Tuesday 12 May 2020). Please see the link below for the full details.

https://www.gov.uk/government/news/chancellor-extends-furlough-scheme-until-october?utm_source=469e4bd6-b6c1-4149-a76b-97f84a86bb07&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate


 

UPDATE 6th May 2020 – How to claim under the Coronavirus Self-Employment Income Support Scheme ( SEISS )

Further to our update earlier today, please note that accountants acting as agents, WILL NOT be able to submit a claim under the SEISS on behalf of their clients.

As a matter of urgency, if you are eligible to make a claim, you need to ensure that you have an active Government Gateway account. If you do not have an account, we recommend that you set one up as soon as possible via the Gov.UK website.


 

UPDATE 5th May 2020 – Self – Employment Income Support Scheme (SEISS)

This week HMRC will start contacting around 3.5million customers who may be eligible for the Government’s Self-Employment Income Support Scheme (SEISS). Please see the link below for further details.

https://businessnewswales.com/hmrc-invites-self-employed-to-get-ready-to-make-their-claims/


 

UPDATE 4th May 2020 – Applying for a Coronavirus Bounce Back Loan

From today, businesses that meet the qualifying criteria are able to apply for a Coronavirus Bounce Back Loan of up to £50,000. Please follow the link below to see how to apply.

https://www.gov.uk/guidance/apply-for-a-coronavirus-bounce-back-loan#how-to-apply


 

UPDATE 28th April 2020 – Bounce Back Loan Scheme

The Chancellor of the Exchequer yesterday announced the new Government ‘Bounce Back Loan Scheme.’
Highlights of the scheme are as follows:

  • Loans of up to £50,000 available
  • Interest free for the first 12 months
  • No repayments during the first 12 months
  • Apply online through a short and simple form
  • Loan 100% guaranteed by the Government
  • Applications open on Monday 4 May 2020
  • Funds to reach businesses within days

More information at businesswales.com


 

UPDATE 24th April 2020 – Furloughed workers entitlement

Please follow the link below regarding the Governments update relating to furloughed workers entitlement to full parental leave.

https://www.gov.uk/government/news/furloughed-workers-to-receive-full-parental-leave-entitlement


 

UPDATE 20th April 2020 – The Coronavirus Job Retention Scheme portal is now open for grant applicants

Furthermore, the scheme (CJRS) (80% wage claim for furloughed employees) has been extended to the end of June so you can currently claim from 1st March to 30th June 2020

The Government have released more detailed guidance on how to calculate what you need to claim as part of the CJRS: https://www.gov.uk/guidance/work-out-80-of-your-employees-wages-to-claim-through-the-coronavirus-job-retention-scheme

The Government have released a step by step guide on how to apply for the CJRS: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment-data/file/880099/Coronavirus-Job-Retention-Scheme-step-by-step-guide-for-employers.pdf


 

UPDATE 15th April 2020 – URGENT – Grant applications open on Friday 17 April under Welsh Economic Resilience Fund

The Welsh Economic Resilience Fund will open for grant applications on Friday 17 April 2020.

The fund will be available to firms who pass the eligibility criteria and is designed to help those businesses, charities and social enterprises who are struggling with cash flow problems.

Organisations that are considering applying are being encouraged to go through the guidance to establish whether they are likely to be eligible before the application process opens on Friday via the Business Wales website.

Please note that this is not a limitless fund and our understanding is that once the funds have been spent, that will be that.

To check your eligibility please follow the link below:

https://fundchecker.businesswales.gov.wales/


 

UPDATE 9th April 2020 – JRS Grant Availability Date Announced

If your business is applying for a Job Retention Scheme grant, HMRC have now announced that the scheme will be available from 20 April 2020.

The grant could enable your business to receive funding which covers 80% of an employee’s pay capped at £2,500 per month, backdated to 1 March 2020.

Claims Process

To claim, an employer will need information about their PAYE scheme, employees furloughed, claim period, amount of claim, bank account and contact details. HMRC will retain the right to retrospectively audit the claim.

One claim can be submitted for each 3-week period and payments of the grant will be made by BACS.


 

UPDATE 8th April 2020 – £100m Development Bank of Wales Loan Scheme is now fully subscribed

Further to our recent communications regarding the Welsh Government £500m Economic Resilience Fund, the £400m emergency pot, which includes generous business grants, are set to open for applications next week according to Business Wales News – see link below.

Of the £500m fund, the £100m Development Bank of Wales Loan Scheme is now fully subscribed.

https://businessnewswales.com/100-million-development-bank-of-wales-loan-scheme-fully-subscribed/

As a Welsh Government, we will be announcing further details shortly on the £400m emergency pot from the Economic Resilience Fund with the aim of being open to applications next week.


 

UPDATE 3rd April 2020 – Business Rates: Expanded Retail Discount – Guidance

The Government have expanded those businesses that qualify for a business rates holiday.

https://www.gov.uk/government/publications/business-rates-retail-discount-guidance


 

UPDATE 2nd April 2020 – COVID-19 business grants now available Apply to your local authority

The UK Government & Welsh Government have introduced two grants for businesses that are registered as paying business rates on their premises, on or before 20 March 2020.

These grants will be administered by your local authority.

Grant 1: A grant of £25,000 is being made available for retail, leisure and hospitality businesses occupying properties with a rateable value of between £12,001 and £51,000.

This means businesses that occupy properties such as shops, restaurants, cafes, drinking establishments, cinemas, live music venues, hotels, guest and boarding premises and self-catering accommodation.

Grant 2: A £10,000 grant is being made available to all businesses eligible for small business rates relief (SBRR) in Wales with a rateable value of £12,000 or less.

Please note that a multiple property restriction, which applies to the Small Business Rates Relief scheme, also applies to this grant. Therefore, the same ratepayer may only receive the grant for a maximum of two properties in each local authority area.

You must apply for business grants: to enable quick and efficient payments, you will need to provide as a minimum, the following information to your local authority:

  1. Name of the business
  2. Contact details: email address, telephone number, named contact
  3. Address of all premises used by the business
  4. Business Rate account number (from your bill)
  5. Business bank account details: account name, sort code and account number
  6. Details of the nature of the business

The aim is to get this funding to businesses as soon as possible, the grant will be paid directly into your business bank account.


 

UPDATE 1st April 2020 – Development Bank of Wales NEW £100m Covid-19 Loan Fund

The Development Bank of Wales have launched a £100 million fund to support businesses in Wales affected by the Covid-19 outbreak.

https://businessnewswales.com/development-bank-launches-100m-covid-19-wales-business-loan-scheme


 

UPDATE 30th March 2020 – £500m Economic Resilience Fund for Wales

Announcement for all Welsh businesses regarding the very recent launch of the New £500 million Economic Resilience Fund for Wales.

https://gov.wales/new-500-million-economic-resilience-fund-launched-wales


 

UPDATE 25th March 2020 – 3-Month Extension Period to File Accounts

Companies to receive 3-month extension period to file accounts during COVID-19

https://www.gov.uk/government/news/companies-to-receive-3-month-extension-period-to-file-accounts-during-covid-19