The Chancellor has announced the extension of the Coronavirus Job Support Scheme (CJRS) and Self-Employed Income Support Scheme (SEISS) to last for 5 months. The CJRS provides grants where employees are furloughed part-time or full-time: The employees will receive 80%...
Further to the announcement of the second lockdown and the extension of the Furlough Scheme, the Chancellor has made changes to the Self-Employed Income Support Scheme that will apply from 1st November 2020. The Chancellor has increased the grant available for...
Following the announcement of a second national lockdown, Rishi Sunak has extended the Furlough Scheme until 2nd December. The Government have also announced some further extensions of support, and there may well be more to follow. The Job Retention Scheme.The Job...
HMRC has issued additional guidance on the Coronavirus Job Retention Bonus Scheme (JRBS), further clarifying details on eligibility. The JRBS is a £1,000 one-off taxable payment to employers for each eligible employee they furlough and keep continuously employed until...
The Government have provided a range of financial measures and these vary across the three lockdown Tiers. We have set out below a summary of the support available for businesses from 1st November, depending on the Tier level that the business is under. Tier 1...
In response to the continuing economic challenges posed by the COVID crisis, the Chancellor today announced additional support for all businesses and grants for some industries. The Chancellor has introduced three measures, including increasing the benefits of two...
