SUPPORT FOR BUSINESSES
- SEISS – Self-Employment Income Support Scheme: A UK Government grant for self-employed individuals. It comprises two grants. Applications for the second grant will open on 17 August and will be worth 70% of average monthly trading profits.
- CJRS – Coronavirus Job Retention Scheme: The scheme ends in October and a one-off ‘Job Retention Bonus’ of £1,000 to UK employers has been announced. ‘Flexible furlough’ was introduced from 1 July.