Tag Archives: Government Grants

A – Job Support Scheme – JSS replaces Furlough Since March 2020, there are several financial aid measures declared by the UK Government.  On 22 October 2020, UK Chancellor has announced a revised financial aid package for businesses.  Here is a quick simplified summary. On 31 October 2020, the current “Furlough” scheme ends and a […]

The government has announced the Second stage of the Self-Employed Income Support Scheme since 17 August 2020. Key points: In the first round, the Government grant was 80% of the average of three months of trading profits, up to a maximum of £7,500 (average £2,500 per month). The second grant is up to 70% of […]