Against a backdrop of rising Covid infections and a reduction in government support, will SMEs be able to survive cashflow pressures and Covid debt burdens? Much needed help may be on the way as the CBI and financial services sector call for change.
A summary of the Chancellor’s plan for jobs – including Job Retention Bonus, Kickstart Scheme, Green Homes Grant, Stamp Duty Land Tax , VAT for hospitality & tourism sector and “Eat Out to Help Out”.
The £40 million Green Recovery Challenge Fund announced yesterday will help charities and environmental organisations start work on projects across England to restore nature and tackle climate change.
Amendments to the Finance Bill include treating coronavirus payments as taxable income, not disadvantaging those who came out of retirement or usually work abroad to help in the pandemic, treating Covid-19 as an exceptional circumstance for higher rate SDLT reclaims and encouraging Future Fund investors.
Following the Prime Minister’s address yesterday, the government has published “OUR PLAN TO REBUILD: The UK Government’s COVID-19 recovery strategy”. We have tried to summarise it.