- Job Support Scheme: Effective from 1st November 2020, the employer has to provide at least 20% of usual working hours to the employee. Out of 80% unworked hours, 61.67% will be contributed by the Government up to a ceiling of £1,541.75. The employer has to contribute minimum 5% of the unworked hours. In substance, around 73% of wages will be received by the employee.
- Self-employed Grant: The chancellor has increased the grant from earlier 20% of monthly trading profit to 40% of monthly trading profit. The maximum quarterly grant will be £3,750 in comparison to earlier £1,875.
- Local Authority Business Grant: Available to hospitality and tourism sector, £934 pm if the ratable value of the property is £15,000 or under, £1,400 pm if the ratable value is above £15,000 and under £51,000 and £2,100 pm from £51,000 and above.
How to claim Coronavirus relief for your business
Please watch the video to know about how yourself and your business can claim current relief program announced by the government of United Kingdom as
