The economic damage of Covid-19. Chancellor declares “economic emergency”.
Government extends furlough scheme ahead of lockdown, a third grant for the self employed increases to 80% for November and 3 in 5 bounce back loans may never be repaid.
New support measures for businesses and workers have been announced in the face of a rising tide of coronavirus.
More measures come into place during lockdown, as a result of the COVID-19 pandemic.
HMRC looks at reviewing Capital Gains Tax, the second and final round of grants for the self employed, MTD and letting opted out employees re-enrol into the workplace pension.