Covid-19

Government Support Measures Available for Businesses During COVID-19

Budget 2021 Guide

Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. In his speech, he stated his Budget ‘meets the moment with a three-part plan to protect the jobs and livelihoods of the British people’.

Find out what the budget means for you in our guide…

Budget 2021

Recovery Loan Scheme

A government backed loan scheme for any legitimate business purpose – including managing cashflow, investment and growth.

New VAT Deferral Payment Scheme

The online service for the VAT deferral payment scheme opens on 23rd February.

Repayment of Bounce Back Loans

The government has announced that companies that took out Bounce Back Loans will have greater flexibility to repay their loans.

Self-Employment Income Support Scheme Update

Since the announcement of another national lockdown details of further support measures have been released for the self-employed, as well as an extension to the period to apply for government backed loans.

Lockdown 2 – Return of CJRS

The Prime Minister has announced further financial support to help business through this next stage of national lockdown.

Extension to the Job Support Scheme

The extension covers companies legally required to shut as part of local or national lockdown restrictions.

Winter Economy Plan

The Chancellor has outlined his Winter Economy Plan to support jobs and businesses over the coming months.

Job Retention Bonus Scheme Update

The potential to receive a £1,000 payment for retaining employees who had been previously furloughed.

Mini Budget Summary

In his mini Budget, the Chancellor announced a number of new temporary measures to assist the economic recovery following the Covid-19 pandemic.