New COVID-19 support schemes announced

New COVID-19 support schemes announced

The Chancellor Rishi Sunak has announced additional government support for businesses and employees impacted by COVID-19 across the UK in the Winter Economy Plan.

This includes a new Job Support Scheme to protect the jobs of people returning to work, extending the Self-Employment Income Support Scheme, extending the VAT cut (from 20% to 5%) for the hospitality and tourism sectors, and help for businesses in repaying government-backed loans.

You can find out more about the support outlined in the Winter Economy Plan here.

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