Watch it back: ‘Virtual Breakfast’ Q&A with Rural Accountant & Director, Richard Haines and Rural Tax Adviser, Catherine Vickery

Where and when do I submit my application?

Can you remind me what the Dairy response fund is?

I am a dairy farmer; can I apply for the grant?

Does seasonality make a difference?

Is the grant £10,000?

What is this?

When is it open for applications?

Am I guaranteed to get this if I qualify?

I have utilised the Dairy Hardship Fund – can I claim this too?

I have a B&B on the farm, but it’s not rated, can I claim?

Will this grant and other schemes be subject to tax?

What does adversely affected mean?

What is the update?

I can continue without my furloughed staff for the moment, should I continue to furlough them or bring them back part time ASAP?

Are there any tax implications I should be thinking about with regards to bringing back/or furloughing staff?

I am going to put up a new barn. Can I use grant money for this?

Explain the extension please, what differences are there?

I have not claimed the first grant because COVID-19 did not affect my business, it has now so can I claim the second grant only?

Can I still apply for the first grant?

I am in a partnership, do I personally have to be below £50,000 or is it the partnership as a whole?

Does the eligibility in trading profits include or not include Capital Allowances?

 More information on the second SEISS Grant will be available on 12 June from the government.

What are your experiences in the marketplace with regards to farmers and seeking funding from Banks?