The Chancellor has just announced the following support measures:
- VAT reduced to 5% in hospitality sector from Wednesday until Jan-21
- Stamp duty threshold increased to £500k
- £1000, Job Retention Scheme grant for re-employing Furlough workers until Jan-21
- First 6 months apprenticeship sponsored by government to bring young people back in work
I will be reading the full details when published and be updating our clients with a full overview ASAP.
In the interim if you have any queries or concerns please don't hesitate to drop me a line.
Steven Hillman ACA
Tel: 01934 444100