Winter Economy Plan Brief– September 2020
HIGHLIGHTS · A new Job Support Scheme, primarily targeted at small and medium employers, will be introduced covering employees who work at least one third of their normal hours · The Chancellor confirmed that the furlough scheme will end on 31 October. · The Self-Employment Income Support Scheme (SEISS) will be extended to April 2021, with a revised basis. · The closure date for the four existing business loan schemes will be extended to the end of November. · Repayment terms