COVID-19 BUSINESS HARDSHIP FUND The Scottish Government have announced a new grant available to businesses closed or impacted by the ‘Covid-19 Break Restrictions’ which came into effect on 9 October. This mainly applies to hospitality businesses which were required to close or operate in a restricted way, but some other sectors also qualify. Businesses who do qualify may be able to receive a one-off grant of £1,440 or £2,155 depending on the rateable value of their premises. This scheme is a being administered by local authorities. More information on who qualifies and how to apply can be found here: THE CLOSING DATE FOR APPLICATIONS IS 5PM TUESDAY 3 NOVEMBER 2020
JOB SUPPORT SCHEME HMRC have also issued further guidance on the Job Support Scheme which comes into effect on 1st November. There are two different schemes being introduced – Job Support Scheme Open (employers facing decreased demand) and Job Support Scheme Closed (employers legally required to close their premises). Generally the Open scheme will apply in most cases, with the main points to note:
Further guidance on both schemes can be found at the link below: https://www.gov.uk/government/publications/the-job-support-scheme/the-job-support-scheme |
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And it now has the possibility to change again from Thursday if a full Lockdown kicks in.....
Thanks very much for sharing here Graeme (and good to see you yesterday!)