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.