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Chancellor announces new Job Support Scheme and package of business support measures

Picture of Kate Boguslawska
Kate Boguslawska 26, September 2020

Read CLC’s Summary of the newly announced new Job Support Scheme and package of business support measures

The Chancellor, Rishi Sunak, has announced a new job protection scheme and a range of new business support measures.

Announcing his Winter Economy Plan at a hastily arranged statement in the House of Commons, Mr Sunak said: “Our task now is to move to the next stage of our economic plan, nurturing the recovery by protecting jobs through the difficult winter months.”

This summary prepared by CLC covers the following:

  • Job Support Scheme
  • Self-Employment Income Support Scheme
  • Bounce Back Loans and Pay as you Grow
  • Other loan schemes
  • Extended tax deferrals
  • Extended VAT cut for Tourism & Hospitality

Read the full summary HERE.