Public-sector contractors in furlough boost

Public-sector contractors who are unable to work on ongoing contracts due to COVID-19 may be eligible for the job retention scheme. ‘Contingent workers', such as doctors or locums, who operate through personal service companies (PSC) can furlough themselves in some...

Govt. to pay 80% of self-employed income

Self-employed workers who are affected by COVID-19 can apply for a grant to cover 80% of their average monthly profits over the last three years. Chancellor Rishi Sunak confirmed the taxable grants are worth up to a maximum of £2,500 a month and will be paid in a...

Govt. provides £330bn lifeline to businesses

The Government has pledged £330 billion-worth of state-backed loans to support businesses feeling the effects of the coronavirus epidemic. To put that unprecedented figure into context, it represents around 15% of the value of the entire UK economy. The financial...