We at BrandCheckout are reaching out to all brands, creators, entrepreneurs and sellers on our platform. We acknowledge the challenging trading atmosphere we suddenly found ourselves in as a result of the COVID-19 virus, and the subsequent government sensible restrictions on movement and businesses in place to curb the spread of the virus.

This no doubt has a direct short to long term impact on your businesses which ultimately will result in tough decisions being made.

We just want to bring to your notice, which you may or may not already know, that there are help out there, although these will differ for different businesses, however, it is important you realise that you are not alone and should speak to your financial adviser, bank or government agencies to explore available help.

Below are links to some help being made available by the UK government, and if you are receiving this email but domicile outside the UK, it is still worthwhile to talk to government agencies in your country for practical help at this difficult time.

1. Time to Pay : This is a UK government HMRC help for companies or self employed people that may be struggling with their tax liabilities. 

2. Deferral of Self-Assessment : This helps you to delay payment of your self-assessment which will be due ordinarily by end of July 2020 to January 2021.

3. Self-employment Income Support : A lot of entrepreneurs are start-ups, and usually struggle with cash flow as it is, this will be made worse by Covid-19 and as such the self employment income support scheme is a very useful aid.

The most important thing to note at this point is that this event is unprecedented, and it affects virtually everyone and every business. For this reason banks and governments are stepping in to provide some sort of relief or at least from what I gather showing some understanding in dealing with businesses with respect to help, support and loans.

It is our wish at BrandCheckout that we all come out in one piece at the other side of Covid-19 to return to normality, as there are so many things we are going to achieve together.

Until then stay blessed.

Founder

BrandCheckout