Government extends Furlough Scheme to March 2021 and increases self-employed support

The Chancellor Rishi Sunak has announced a further extension to his Governments Furlough Scheme. Mr Sunak said his Government had to make “rapid adjustments” to the  economic response to Covid-19 pandemic.  This is shown by the way the Government has changed its Winter COVID-19 Support package four times since his initial announcement The Chancellor stated: “Given…

Updated Government support for businesses adversely impacted by COVID-19

31st October 2020 was originally the milestone date when the Government planned to cease to support businesses, including the end of the furlough scheme.  However, in recent weeks the Government has extended the support schemes in place, inclusive of announcing a replacement to the furlough scheme; namely the Job Support Scheme. The Chancellor unveiling additional…