On the same day that Mr Sunak announced the wholesale revisions to the Coronavirus Job Retention Scheme, he also revealed an extension to the Self Employed Income Support Scheme. Peter covers the latest developments on both schemes.
It was a big day for announcements by Mr Sunak last Friday when he revealed updates to the Coronavirus Job Retention Scheme and Self Employed Income Support Scheme.
Peter brings you to speed with the latest developments with the existing Coronavirus Financial Support Packages including the Job Retention Scheme, Self Employed Income Support Scheme and more!
There have been a number of developments in financial support packages, including a completely new initiative for small business grants, announced over the weekend, and they are detailed below, along with some practical issues around the claims for Job Retention Scheme grants.
The new scheme, given the somewhat more populist title of “Bounce Back Loans” (BBLS?) have most of the compelling features of their big brother, plus added features that are promised to make them much more easy to obtain.