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Winter economy plan

The new Job Support Scheme (which replaces the Furlough Scheme) will be introduced from 1 November 2020 and will run for 6 months.

An extension for the Self Employment Support Scheme for the period November 2020 to April 2021

Hospitality vat reduced rate of 5% will run to 31 March 2021 (previously 12 January 2021)

Bounce back loan has introduced a new Pay as You Grow flexible repayment system. This includes extending the length of the loan from six years to ten, which will cut monthly repayments by nearly half. Interest-only periods of up to six months and payment holidays will also be available to businesses.

Further details for the above can be found in the link below:-

https://www.gov.uk/government/news/chancellor-outlines-winter-economy-plan?utm_campaign=677600_FindBusinessSupport%20-%20COVID-19%20Updates%20116&utm_medium=email&utm_source=Scottish%20Enterprise&dm_i=4X7B,EIU8,3QL1OW,1OV1U,1

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Coronavirus (COVID-19) update

As a valued member of our community, we appreciate the trust you place in us to make sure all your critical services continue.

We are committed to an evidence-led and common-sense approach to containing the coronavirus outbreak and mitigating its impact on employees, customers and our wider business operations.

Please be assured we are preparing for our services to continue as normal. We have business continuity plans in place to minimise the risk of infection and make sure we can continue to deliver a business-as-usual service to our customers should an infection occur at an office. These include implementing clear guidelines for employees, providing support and advice for anyone who needs to self-quarantine, and issuing guidance on following safe hygiene practices across the organisation.

You can find further information on Covid-19 below to keep you updated:

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