The Chancellor has announced new measures to support the Economy:
- - A new Job Support Scheme (Similar to the flexible furlough Scheme)
- - More time to repay Bounce Back Loans
- - Further Grants for the self employed
- - Extension to the temporary reduced VAT for Tourism & Hospitality
- - Extra time to pay deferred VAT payments that are due March 2021
We will release further guidance as and when it is released.