UK Provides Summary of Economic Support for COVID-19

UK HM Treasury has published guidance dated 8 January 2021 providing a summary of existing economic support for businesses and the self-employed during the COVID-19 pandemic.

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Summary of existing economic support

UK wide support for jobs

• We have extended the Coronavirus Job Retention Scheme until the end of April 2021. The government will cover the cost of 80 per cent of the wages of furloughed employees for hours not worked – employers will only be asked to cover NICs and pension c…