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Newsletter 17/12/2020

I hope you are all looking forward to Christmas and the well earned break that I know many of you need. I put my Christmas tree up way too early and it’s looking very sorry for itself. We may be huddling around a needleless tree skeleton on Christmas day!

There have been a few Government announcements today which you may or may not be aware of:


Coronavirus Job Retention Scheme Extension (CJRS)

  • It was due to come to an end on 31st March 2021. It has now been extended to the end of April 2021.
  • The Government will continue to meet 80% of the ‘deemed’ salary for the furlough period.

Budget Day

  • The UK Budget day will now be on Wednesday, 3rd March 2021.
  • Further Covid-19 support measures will be released then.
  • As a reminder Scotland’s Budget will be announced on Thursday, 28th January 2021.
  • No date has yet been made for the Welsh Budget.


Government Backed Loan Schemes Extension

  • Access to the Bounce Back Loans, the Coronavirus Business Interruption Loans Schemes was due to come to an end on 31st January 2021. This has been extended until 31st March 2021.
  • An announcement will be made in early 2021 regarding the Successor Loan scheme which will be on offer post 31st March 2021.


As mentioned in the Christmas message sent out this week, we will be closed from 24th December until 4th January.


Please do not hesitate to get in touch if you would like to discuss the announcement and how you may be impacted.



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