Supporting UK Composites

COVID-19

Updates:

Composites UK industry survey reports

Government winter economy plan

For updated Government guidance for employers and businesses on COVID-19 please click here.


QUICK LINKS


General Information

COVID-19 industry guidance

The full range of government guidance for businessess can be found here

NHS track and trace - download the app
Click here for an overview of the NHS Test and Trace service, including what happens if you test positive for coronavirus (COVID-19) or have had close contact with someone who has tested positive.

Business Support Packages


Financial Support for Businesses

Paying your employees

The Coronavirus Job Retention scheme has been extended until end March 2021. 

This extended Job Retention Scheme will operate as the previous scheme did, with businesses being paid upfront to cover wages costs. There will be a short period when we need to change the legal terms of the scheme and update the system and businesses will be paid in arrears for that period.
The CJRS is being extended until December. The level of the grant will mirror levels available under the CJRS in August, so the government will pay 80% of wages up to a cap of £2,500 and employers will pay employer National Insurance Contributions (NICs) and pension contributions only for the hours the employee does not work.
As under the current CJRS, flexible furloughing will be allowed in addition to full-time furloughing.

The Job Support Scheme (JSS)  is designed to protect viable jobs in businesses who are facing lower demand over the winter months due to Covid-19, to help keep their employees attached to the workforce. The scheme will open at the end of the furlough scheme and run for 6 months. There are two variations to JSS - JSS Open and JSS Closed.

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. We’ll let you know more about how to make a claim by the end of this month.
Your employees will be able to check if you have made a Job Support Scheme claim on their behalf through their online Personal Tax Account. Employees can set up a Personal Tax Account on GOV.UK, by searching 'Personal Tax Account: sign in or set up'.

Paying sick pay

The Coronavirus Statutory Sick Pay Rebate Scheme will repay employers the Statutory Sick Pay paid to current or former employees.

Paying Tax

Businesses who deferred VAT due from 20 March to 30 June 2020 will now have the option to pay in smaller payments over a longer period.
Instead of paying the full amount by the end of March 2021, you can make smaller payments up to the end of March 2022, interest free.
You will need to opt-in to the scheme, and for those who do, this means that your VAT liabilities due between 20 March and 30 June 2020 do not need to be paid in full until the end of March 2022.

Support for SMEs

Job Retention Bonus (JRB) - You’ll be able to claim a one-off payment of £1,000 for every eligible employee you furloughed and claimed for through the Coronavirus Job Retention Scheme (CJRS), kept continuously employed until at least 31‌‌‌ ‌January 2021 and who meets the other eligibility criteria. You do not have to pay this money to your employee.You will be able to claim the bonus between 15‌‌‌ ‌February and 31‌‌‌ ‌March. To do this you must have submitted PAYE information for the period up to 5‌‌‌ ‌February 2021 on time.

The Coronavirus Future Fund issues convertible loans between £125,000 to £5 million to innovative companies which are facing financing difficulties due to the coronavirus outbreak.

The Bounce Back Loan Scheme (BBLS) enables smaller businesses to access finance more quickly during the coronavirus outbreak.

Support for large businesses

Job Retention Bonus (JRB) - The Job Retention Bonus (JRB) will not be paid in February and the government will redeploy a retention incentive at the appropriate time.

The Coronavirus Large Business Interruption Loan Scheme (CLBILS) provides financial support to larger businesses affected by coronavirus (COVID-19).

The Corporate Financing Facility helps large businesses affected by coronavirus (COVID-19) through the purchase of their short-term debt.


Kickstart scheme

The Kickstart Scheme provides funding to employers to create new 6-month job placements for young people who are currently on Universal Credit and at risk of long-term unemployment.
This is part of the government’s Plan for Jobs and aims to create hundreds and thousands of new, fully funded jobs across England, Scotland and Wales. The first placements are likely to be available from November.
Funding will cover for each job placement:

  • 100% of the relevant National Minimum Wage for 25 hours a week
  • the associated employer National Insurance contributions
  • employer minimum automatic enrolment contributions

There will also be extra funding to support young people to build their experience and help them move into sustained employment after they have completed their Kickstart Scheme funded job.

If you hvae less than 30 job placements to offer, contact Composites UK and join our group through the Kickstart Gateway


How to run your business safely

The links below will give you sufficient information and guidance on how to reopen and maintain your business operations safely during COVID-19. Most information is specific to the UK composites sector.


Export and Import

DIT can advise on:

  • smooth clearance of products with customs authorities
  • intellectual property (IP) and other issues with business continuity
  • export plans and exploring market opportunities
  • finding new routes to markets
  • dealing with agents and distributors
  • finding alternative suppliers
  • selling online and updating your digital (online) presence

You can access DIT support by:

  • contacting your international trade adviser where you have an existing relationship
  • finding your local trade office in the UK to discuss specific trade issues

For UK businesses with overseas presence, or operating projects in other countries, our worldwide DIT offices can provide information on trade issues specific to that region or country.

DIT provides cross-border e-commerce support, including connecting businesses to e-commerce advisers for tailored one-to-one advice. Contact e-exporting@trade.gov.uk for more information.

UK Export Finance can help businesses facing disruption due to coronavirus (COVID-19) with finance and insurance support for exporters.


Request for Business Intelligence

Request for Business Intelligence: How is COVID-19 Impacting Businesses?

The Government is closely monitoring developments in relation to potential economic impacts on the UK economy and individual businesses and supply chain and we are keen that businesses feed back any specific concerns.

The Department for Business, Energy and Industrial Strategy seeks business intelligence on how COVID-19 is impacting individual businesses and business sectors.  We welcome information from you and your members on:

  • The impacts across supply, demand and labour markets
  • Actions being taken by firms to address these impacts
  • Any gaps in the Government response from your perspective

Please send this information to intel@beis.gov.uk.  We understand that individual company information may be commercially sensitive, and it will be treated accordingly.  

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