Financial Support
Flourishing Crown has conducted a bit of research for our customers and readers who may be facing financial difficulties. These are the places you can go to for financial support in the UK.
For Businesses, Self Employed and Furlough
The Government will pay up to 80% of your salary (up to a maximum amount of £2,500) per month for up to 3 months. (this could be extended and it can be backdated to the 1st March 2020). This means that businesses don’t need to lay people off
There is a 12 months interest free loan and it is available from 23 March 2020
No VAT to be paid for the next VAT quarter for up to June 2020 q/e- deferred to at least December 2020
The next Self-Assessment payment can be deferred by 6 months to January 2021 (from July 2020)
Self-Assessment (self employed) can also claim the 80% salary pay up to £2,500.
The minimum earning income is suspended for Universal Credit to help the Self-Employed
For the General Public and for Family
For the next 12 months, Universal Credit and Working Tax Credit will increase by up to £1000
The Government has spoken to utility suppliers to put special measures in place to help customers during these difficult times, including not having any customers’ utilities cut due to non-payment. More information is provided by the individual suppliers about the special measures:
For those who are struggling with food and to feed your family, there are many support out there that can help you including finding where to find your local food bank . If you want to know where your nearest food bank is, click here
Felix Project is a charity that is supported by the Independent newspaper and it support families facing hunger especially during COVID-19.
The Government has also spoken to mortgage providers to help customers with their mortgage if they are facing hardship during COVID-19. The scheme is a 3 months Mortgage holiday. You can find out more from the FCA (Financial Conduct Authority- this is the organisation that governs any company that operate money type business such as lending and storing money) or speak to your provider for more information. You can also click on the individual Mortgage providers for more information (apologises if your provider is not listed as we only list the major banks):
There are many charities and organisation that can help out if you are facing financial hardship. Citizen Advice Bureau (more to pay utilities) and Turn2Us Grant search have directories of organisations and charities that may be able to help you during these difficult times. There are two charities that can help family in financial crisis such as Family Fund (but this is to help family with disable child/ren click on this link: For Family with disable child/ren) and Family- Action (click this link: Family Action Grants). Also Greggs the bakery have a foundation that helps family in financial crisis, click the link for more information: Greggs Foundation Grants
Reference:
https://www.gov.uk/statutory-sick-pay
https://workingfamilies.org.uk/articles/coronavirus-support/
https://www.gov.uk/employment-support-allowance
https://www.ukfinance.org.uk/covid-19
https://www.ofgem.gov.uk/coronavirus-covid-19/coronavirus-covid-19-and-your-energy-supply
https://www.britishgas.co.uk/covid19
https://www.eonenergy.com/coronavirus-update/home-support.html
https://www.edfenergy.com/coronavirus-advice
https://www.gov.uk/coronavirus
https://www.gov.uk/lay-offs-short-timeworking
https://www.gov.uk/difficulties-paying-hmrc
https://www.moneysavingexpert.com/news/2020/03/uk-coronavirus-help-and-your-rights/
https://www.npower.com/help-and-support/coronavirus/
https://community.scottishpower.co.uk/t5/Extra-Help/Hardship-Fund/ta-p/53
https://sse.co.uk/help/coronavirus-questions-and-answers Southern Electric
https://www.trusselltrust.org/get-help/find-a-foodbank/ here
https://thefelixproject.org/ Felix Project
https://nationwide.co.uk/support/coronavirus/mortgage-payment-holiday
https://www.co-operativebank.co.uk/news/2020/coronavirus-support-mortgage-payment-holidays
https://www.barclays.co.uk/coronavirus/mortgages/
https://personal.natwest.com/personal/support-centre/coronavirus.html
https://www.aldermore.co.uk/help-centre/coronavirus/coronavirus-information-for-mortgage-customers/
https://www.hsbc.co.uk/help/coronavirus/faqs/#mortgages
https://www.bankofireland.com/coronavirus-update/
https://www.santander.co.uk/personal/support/loans-and-mortgages/coronavirus-faq
https://www.halifax.co.uk/mortgages/existing-customers/payment-holidays/
https://www.bankofscotland.co.uk/helpcentre/coronavirus.html
https://www.fca.org.uk/consumers/mortgages-coronavirus-consumers
https://www.familyfund.org.uk/FAQs/our-disability-criteria For Family with disable child/ren
https://grants-search.turn2us.org.uk/
https://www.family-action.org.uk/what-we-do/grants/
https://www.greggsfoundation.org.uk/grants/hardship-fund
Photo by Michael Longmire on Unsplash
Photo by Steve Smith on Unsplash
I like how you wrote about Financial Support – Flourishing Crown.
I want to share too, most trusted wholesale supplier
list: https://bit.ly/31tTure (maybe it will help someone)
Thanks and keep it up!
Perfect work you have done, this internet site is really cool with excellent information.
Hey there, You have done a great job. I will certainly digg it and personally suggest to my friends.
I’m confident they will be benefited from this web site.
My spouse and I stumbled over here different web page and thought I might check things out. I like what I see so now i’m following you. Look forward to checking out your web page for a second time.
very nice post, i certainly love this website, keep on it
Oh my goodness! an amazing article dude. Thank you However I am experiencing issue with ur rss . Don?t know why Unable to subscribe to it. Is there anyone getting identical rss problem? Anyone who knows kindly respond. Thnkx
Hi there, You have done a great job. I’ll definitely digg it and personally suggest to my friends. I am confident they’ll be benefited from this website.
Your house is valueble for me. Thanks!…
Wow, incredible weblog format! How long have you been blogging for? you made running a blog glance easy. The entire glance of your site is fantastic, let alone the content!
I loved as much as you will receive carried out right here. The sketch is tasteful, your authored subject matter stylish. nonetheless, you command get got an nervousness over that you wish be delivering the following. unwell unquestionably come more formerly again since exactly the same nearly very often inside case you shield this increase.
Wow that was odd. I just wrote an incredibly long comment but after I clicked submit my comment didn’t appear. Grrrr… well I’m not writing all that over again. Anyhow, just wanted to say excellent blog!
Thank you for the sensible critique. Me and my neighbor were just preparing to do some research about this. We got a grab a book from our area library but I think I learned more clear from this post. I am very glad to see such great information being shared freely out there.
Do you have a spam problem on this blog; I also am a blogger, and I was curious about your situation; we have developed some nice procedures and we are looking to swap techniques with others, why not shoot me an email if interested.
We get spam all the time but it is not really a problem. We just detail as it is part and parcel of blogging.
Wonderful goods from you, man. I’ve understand your stuff previous to and you’re just extremely wonderful. I really like what you’ve acquired here, certainly like what you’re saying and the way in which you say it. You make it entertaining and you still care for to keep it sensible. I can not wait to read far more from you. This is really a tremendous website.
fantastic post, very informative. I wonder why the other experts of this sector don’t notice this. You should continue your writing. I’m sure, you’ve a great readers’ base already!
Useful information. Fortunate me I found your web site by chance, and I’m surprised why this twist of fate did not happened in advance! I bookmarked it.
you’re in point of fact a excellent webmaster. The website loading velocity is incredible.
It kind of feels that you are doing any distinctive trick.
Furthermore, The contents are masterwork. you’ve performed a
great process in this matter!
I truly appreciate this post. I’ve been looking everywhere for this! Thank goodness I found it on Bing. You have made my day! Thank you again