Following the National Lockdown announced yesterday by the PM, the Chancellor announced new one-off top up business support grants for the retail, hospitality and leisure sectors worth up to £9,000. Additionally discretionary funds are also available for other businesses impacted by the lockdown.
Chancellor extends furlough scheme until the end of April 2021 and Covid-19 business loan schemes extended until the end of March.
Government review of R& D tax relief indicates that the relief does promote R & D spending but that 51% of companies have never heard of it. Richard Coombs takes a look at the findings.
Reminder of Local Restrictions Support Grant and Additional Restrictions Grant and status of application processes and contact details for local administering authorities.
Chancellor announces an extension in the CJRS (furlough scheme) to the end of March 2021 and increases the self employment Income Support Scheme level of support grant from 55% to 80% of average monthly trading profits.