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For immediate release 23 March 2020 BEF update: Coronavirus (COVID19) advice and help available for equine industry businesses and employers The British Equestrian Federation (BEF) would like to thank
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The BEF issue related to the latest COVID-19 pertains to specific financial reporting requirements or guidelines established to monitor the economic impact of the pandemic on businesses.
Entities that have been impacted by COVID-19 and are subject to specific financial regulations, including businesses receiving government aid or significant financial assistance related to the pandemic.
Filling out the BEF related to COVID-19 involves completing the necessary forms with accurate financial data, following the guidelines provided by the relevant authorities, and submitting them through the designated platform.
The purpose is to ensure transparency and accountability in how businesses are managing their finances in light of the economic challenges posed by the COVID-19 pandemic.
Information typically includes financial statements, details of government assistance received, operational changes due to the pandemic, and any relevant economic forecasts.
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