Oil and Gas Decommissioning | Decom North Sea

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COVID-19 Information

Business Advice for Coronovirus

A dedicated website has been developed for companies in Scotland.  All available information can be found at - https://findbusinesssupport.gov.scot/

BUSINESS CLOSURES - the UK Government has given more detail on who can stay open. 

You can now apply for grants to help with the impact of the coronavirus (COVID-19) on your business. You need to be eligible for the small business bonus scheme or get rural rates relief. Apply directly through your local authority.  

Social distancing - what does this mean for business? The Scottish Government has issued guidance for businesses staying open.  

The Coronavirus Business Interruption Loan Scheme (CBILS) has opened for applications. It supports term loans, overdrafts, invoice finance and more. 

Business rates (non-domestic rates) have changed for 2020-21 along with extra rates relief.

Job Retention support and deferring VAT and Income Tax payments has been announced by the UK Government.

The Oil & Gas Authority (OGA) COVID-19 Business Support page offers useful information regarding coronavirus business support for the UK oil and gas industry

Other Information: 

Support for the self employed:

Support for rates relief:

Scottish Govt Economy Secretary Fiona Hyslop has confirmed that Scottish businesses will get £2.2 billion of support. To break this down, support includes:

  • small firms receiving the small business bonus or rural relief will be eligible for a £10,000 grant  
  • 12 months relief for businesses in hospitality, leisure and retail. Grants will also available for companies in this sector  
  • £25,000 grant for buildings in those sectors with a rateable value between £18,000 and £51,000 effectively freezing the poundage rate next year.  Will be through local authority but process to be agreed
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