With the furlough scheme winding down and local lockdowns on the increase, today Rishi Sunak announced his unscheduled ‘winter economy plan’.

We set out below a brief summary of the announcements made today:

1. The Job Support Scheme

 

2. SEISS grant extension

 

3. More time to pay income tax bills

 

4. Loans extension for struggling firms

 

5. Option to split deferred VAT bills

 

6. Hospitality & tourism VAT rate