Key information for customers and users of IP about how the IP system and the Intellectual Property Office will operate after the end of the transition period.

The transition period ends on 31 December 2020. On 1 January 2021 there will be changes to UK intellectual property law to ensure the smooth departure from EU IP systems.

Here  is a summary of the key changes.

If you’re self-employed or a member of a partnership and have been impacted by coronavirus (COVID-19) you may be eligible to claim the grant.

You must make your claim on or before 29 January 2021.

To make a claim for the third grant your business must have been impacted by coronavirus on or after 1 November 2020.

You can make a claim for the third grant if you’re eligible, even if you did not make a claim for the first or second.

Find out more here……

There are new rules for businesses and citizens from 1 January 2021.

Your business, family, and personal circumstances will be affected. Answer a few questions to get a personalised list of actions.

You can also sign up for emails to get updates for what you need to do, by creating an account with GOV.UK

Support for businesses

The Prime Minister announced additional financial support measures for businesses struggling due to the pandemic.New business support schemes that you may find relevant, include:

  • An extension to the furlough scheme until March 2021 – the scheme will allow employees to receive 80% of their current salary for hours not worked, up to a maximum of £2,500
  • Grants worth up to £3,000 per month for businesses forced to close in England
  • An extension to the mortgage payment holiday – borrowers who have been impacted by the coronavirus will be entitled to a six month delay
  • An extension to the Coronavirus Bounce Back Loan, Coronavirus Business Interruption Loan, Coronavirus Large Business Interruption Loan and Coronavirus Future Fund until 31 January 2021
  • An extension to the Self-Employment Income Support grant until April 2021, which will pay self-employed individuals up to 80% of their average trading profits for November