Month: April 2020

CGi backs States approach to borrowing but emphasises caution

THE Confederation of Guernsey Industry supports the States’ approach to borrowing announced last week, particularly in this first phase. There is a clear and immediate requirement to address the impending cash flow shortfall given the considerable sums that are being spent in helping businesses and the economy in general coupled with a simultaneous reduction in receipts. The States should be credited for its swift response to tackling the economic issues faced and also its willingness to engage with industry and take on board feedback. As far as the second tranche of borrowing is concerned, we broadly support the need to …

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COVID-19: States outlines businesses that can now operate

New guidance for businesses and workers has been issued, which supersedes all previous guidance given and outlines which types of business can operate from 25 April 2020 if public health requirements on social distancing and hygiene are met. Types of business that may resume full or partial operation – subject to using the social distancing and hygiene requirements below: Gardening, building and other trades with no household contact Building wholesale and supply Vehicle servicing, maintenance and repairs (including cars, bikes and marine) Property sales, rentals and business transactions Business activities which are not permitted: Services requiring personal contact – non-essential …

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Richard Digard’s column – What about the other virus victims?

Richard Digard, ex-Guernsey Press Editor, produces a regular column in the newspaper. His latest article, published on Friday 17 April, includes a number of the key recommendations the CGi has been making to the States of Guernsey to help kick start the economy in light of the current restrictions. His column can be viewed here: https://guernseypress.com/news/voices/richard-digard/2020/04/17/what-about-the-other-virus-victims/

CGi Membership fees

Given the unprecedented times we are all currently facing, and the financial impact it is having on our businesses, the CGi is willing to delay the settlement of the 2020 subscription fees for members. Please contact Peter Miller, treasurer, via enquiry@thecgi.net

April update from CGi Chairman

Dear all I write to update you with progress on our discussions with politicians and senior civil servants as we collectively look to support our local industry. Thank you for all of your feedback over the past two weeks, all of which has been relayed to these contacts. The States are working extremely hard in extraordinary times. The business measures introduced are just the first of these programmes as the States tries to support us through the crisis and also plan for the potential of a longer haul recovery. The initial measures may not be considered sufficient in some eyes, …

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SoG COVID-19 Business SUPPORT APPLICATION HELPER

The States of Guernsey Business Support Team have released the application forms for Small Business Grants and Payroll Co-Funding. With many thanks to the assistance from Richard & Carol-Anne Stapley (Richard Stapley Chartered Accountants) and Sarah Hancock (Brehon Accountants Limited) who worked with the States’ team, they have put together the following Frequently Asked Question list to help you with your applications: (revised) As a business owner can I count myself as one of the employees on the Payroll-Co Funding Scheme as well as applying for a Small Business Grant?If you are self employed for social security you cannot  claim …

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