Chancellor unveils £330bn lifeline for economy
Here’s the latest batch of support for business and people suffering due to coronavirus:
Cash grant of up to £25k available per retail and leisure business
Cash grant of up to £10k for other businesses
Extending the business rates holiday to all firms in the hospitality sector.
3 month payment holiday on mortgage payments.
Government back business interruption loan scheme to be extended.
IR35 Postponed for 12 months!!!!
This is an evolving situation, not all of the details are known and it appears most measures will kick in from Monday 23rd March 2020. If any doubt then please do not hesitate to contact us.
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