One of the proposals that was announced in the Budget was to provide a temporary extension to the loss carry back rules for trading losses of both corporate and unincorporated businesses. This newsletter looks at how the changes will apply to a Limited Company and next week we will be looking at the impact on […]
The original Job Retention Scheme was due to end at midnight on 31st October to be replaced by the Job Support Scheme. In a dramatic development, literally hours before the deadline, the scheme has been extended to cover the period of the new national lockdown to December. In addition, the scheme is reverting to […]
Job Retention Scheme extended over the new national lockdown to December with the government covering up to 80% of an employee’s pay.
The Government has announced major changes to the Job Support Scheme. All the details are here.
COVID-19 – Business Support – Rishi Sunak Announces the Second Part of a Three-Phase Plan to Secure Economic Recovery
The Chancellor of the Exchequer, Rishi Sunak, has delivered his Summer Economic Update which contained a number of policy decisions intended to support the recovery from COVID-19. There were a number of flagship announcements. Under the Job Retention Bonus, the government will introduce a one-off payment of £1,000 to UK employers for every furloughed […]