Second round of grants for the self-employed opens
The Self-Employment Income Support Scheme (SEISS) has opened for applications for the second and final grant. Under the scheme, the government pays self-employed individuals a taxable grant based on an average of their earnings over the past three years. The grant covers up to 70% of earnings, up to a limit of £2,190 a month. […]
Lockdown grants welcome but more support needed, say business groups
The government’s announcement of new cash grants for businesses affected by local lockdowns has been welcomed by business groups, including the Confederation of British Industry (CBI) and the Federation of Small Businesses (FSB). Businesses in England that are required to shut because of a local lockdown will now be able to claim up to £1,500 […]
Chancellor outlines Winter Economy Plan
A new emergency jobs scheme will be introduced to protect jobs during the coronavirus (COVID-19) downturn this winter, Chancellor Rishi Sunak has announced. The Jobs Support Scheme, which will replace the furlough scheme when it ends on 31 October, will see workers get up to 77% of their normal salaries for six months. It aims […]