Since Rishi Sunak’s original announcement there have been significant revisions to the Job Support Scheme (JSS) that commences 1st November 2020. It will run for six months and below we deal with the details currently released by the government.
Rishi Sunak delivered his Winter Statement and we have taken this opportunity to surmise the most widely available and relevant reliefs and updates.
The government’s announcement that the Job Support Scheme will replace the Job Retention Scheme at the end of October for at least the next six months has forced us to realise that these measures are only temporary.
Rishi Sunak’s Summer statement (2020) was full of incentives and stimulus designed to keep the economy afloat and people employed.
The Job Retention Scheme changes detailed below deal strictly with the transition and changes made between June and July. Further updates for August, September and October will become available at a later date.
Business owners have become accustomed to the new normal and the government-funded reliefs are doing most of what they were intended to do.
The Job Retention Scheme was initially intended to cease on 30 June 2020 but has unsurprisingly been extended.
Today we conferred with Swoop, and Futrli to get the most up-to-date information on the government’s most recent scheme the Bounce Back Loan.
Yesterday the chancellor announced a Coronavirus aid scheme for small and medium-sized businesses in an acknowledgement that banks have been slow and reluctant to lend to small and medium-sized businesses under the Coronavirus Business Interruption Loan Scheme (CBILS).
Rishi Sunak, Chancellor of the Exchequer, has been talking today about the billions of pounds of support on offer to UK businesses. Here’s what our brokers are saying about the Business Interruption Loan Scheme and the capacity to borrow.
At Linford Grey, we’ve been keeping on top of the latest Covid-19 relief schemes available to businesses due to the Coronavirus.
Here are the latest developments as of today, 19 March, that you need to be aware of when it comes to Coronavirus: The latest business advice.
The recent pandemic has all the hallmarks of a classic zombie film and whether Coronavirus has you reaching for your best axe or not, the impact it is already having on small businesses is serious and immediate.