😍 Dishi-Rishi 😍 did not disappoint – further support galore announced this morning, for days past the 31st October….
OUT with FURLOUGH, IN with the JOB SUPPORT SCHEME
From 1st November, employer pays one third, Big G pays two thirds of employee’s wages…..
Any catches? Well, we heard the words ‘BUSINESSES WITH DEPRESSED INCOME’ being used
Is this a possible eligibility criteria?
Extension to the Self-Employed Income Support Scheme
Using same terms as the Job Support Scheme above
Watch this space!
Assistance with CASH FLOW
Warning! New lingo! new lingo! new lingo! “PAY AS YOU GROW” (we like your style Big G, we like your style)
MORE TIME MORE FLEXIBILITY to repay
Bounce Back Loans (BBLs)
Covid Business Interruption Loans (CBILs)
Deferred VAT & Self-Assessment tax payments
EXTENSION of the reduced rate of 5% VAT for the HOSPITALITY & TOURISM sectors
Extension from 13th Jan to the 31st March 2020
Phew! What a ride you are taking us on Big G, but we are with ya all of the way!!
Devil is in the detail people, as soon as guidance is released, we will let you know.
Stay safe everyone