The government has announced a four week pause at Step 3 in the roadmap out of lockdown. You should continue to follow the national guidance on what you can and cannot do. It is expected that England will move to Step 4 on 19 July, though the data will be reviewed after two weeks in case the risks have reduced.
As a reminder, key rules for Step 3 include:
- You can socialise indoors in a group of up to six people or two households, including for overnight stays
- Up to 30 people can meet outside
- Pubs, theatres and other venues can open indoors
- Hotels, hostels and B&Bs can open for people on holiday
- You should work from home if you can.
Click here to find out more.
Further to the announcement of the second lockdown and the extension of the Furlough Scheme, the Chancellor has made changes to the Self-Employed Income Support Scheme that will apply from 1st November 2020.
The Chancellor has increased the grant available for November from 40% to 80% of average trading profits, whilst the grant for December and January remains at 40% of profits. The cap for the grant for the 3 months ended 31 January 2021 has therefore been increased from £3,750 to £5,160.
In addition, the claims window will now open on 30th November until 14th December, so businesses that are adversely affected by COVID can access a larger grant sooner.
The Government has also extended the deadline for applying for Government-backed loan schemes to 31st January 2021.
If you require guidance on any of these changes, please contact your TC adviser on 0330 088 7111 or visit www.tc-group.com.