The ‘Winter Economy Plan 2020’

Last week the Chancellor announced his ‘Winter Economy Plan 2020’.  All the important points are detailed below, but please note that not all of these will affect your business.

Job Support Scheme

A new job support scheme will start on 1st November for six months and will replace the current furlough scheme.  The scheme is designed to contribute towards

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July 2020 Summer Statement

Chancellor Rishi Sunak announced a host of emergency funding measure , to help businesses through this difficult time. Here’s the important bits –

  • VAT Reduction to 5% – The hospitality sector will benefit from a 6 months rate cut to just 5% from 15th July. This applies to the sale of food and non-alcoholic drinks.
  • Job Retention Bonus – To
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Newly Self-Employed Hardship Fund

If you are one of the many people who have fallen through the cracks for The Self-Employed Grant from the UK Government, because you registered as Self-Employed after April 2019, the Scottish Government has now opened applications for the Newly Self-Employed Hardship Fund.

Eligibility criteria –

You registered for self-employed after 6th April 2019
Your 2019-2020 profits are less than

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We have been asked alot of question during this time of uncertainty. I have listed below a few of the more common ones. Hopefully this will help answer some of them. If you are still unsure about anything, please ask me. If I hear any updates on this, I will let you all know.

Q – When and how do

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