Revised technical factsheet addresses the accounting aspects of some of the grants and reliefs made available by the government due to Covid-19.

The impact of Covid-19 (coronavirus) has had a significantly detrimental effect on businesses across the UK.

This technical factsheet aims to address the accounting aspects of some of the grants and reliefs made available by the government due to Covid-19, including:

• the Coronavirus Job Retention Scheme
• business rates relief
• Small Business Grant Fund and Retail, Hospitality and Leisure Grant Fund
• rent holidays
• Coronavirus Business Interruption Loan Scheme
• Bounce Back Loan Scheme.

This factsheet was updated in October 2020 and replaces the version issued in June 2020.