Tim Stovold and Andrew Constable (Moore Kingston Smith) outline the chancellor’s latest plans for dealing with the immediate economic fallout from the coronavirus crisis.
Amid continuing economic uncertainty the chancellor of the exchequer last week cancelled his proposed autumn Budget and instead announced what was in effect a third major round of coronavirus support measures.
The first round of measures was introduced in response to the severe restrictions that were placed on individuals and business in March; these included perhaps most notably the coronavirus job retention scheme (CJRS). As the restrictions began to be lifted the second round of measures which included the ‘eat out to help out’ scheme was designed to support and encourage the opening up of the economy.
While the economy started growing again over the summer restrictions are now being reintroduced and it is clear that many individuals...
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Tim Stovold and Andrew Constable (Moore Kingston Smith) outline the chancellor’s latest plans for dealing with the immediate economic fallout from the coronavirus crisis.
Amid continuing economic uncertainty the chancellor of the exchequer last week cancelled his proposed autumn Budget and instead announced what was in effect a third major round of coronavirus support measures.
The first round of measures was introduced in response to the severe restrictions that were placed on individuals and business in March; these included perhaps most notably the coronavirus job retention scheme (CJRS). As the restrictions began to be lifted the second round of measures which included the ‘eat out to help out’ scheme was designed to support and encourage the opening up of the economy.
While the economy started growing again over the summer restrictions are now being reintroduced and it is clear that many individuals...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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