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GuidetotheSummerEcon OmicStatementWhatisN Ew.pdf

GuidetotheSummerEconomicStatementWhatisNew.pdf

Preview of GuidetotheSummerEcon omicStatementWhatisN ew

🔗 Source: robson-laidler.co.uk

📊 Size: 211 KB

👤 Author: Clare Fanner

⬇️ Downloads: 58

Summary

On Wednesday 8th July 2020, Rishi Sunak announced measures to support businesses, jobs, the economy, and individuals, including:
- Job Retention Bonus: £1,000 one-off bonus payment to employers for each member of staff brought back from furlough
- Kickstart Jobs Scheme: £2bn cash injection to businesses to create jobs for young people
- Trainee and Apprentice Bonus Schemes: £1,000 for every trainee offered a work experience placement, £2,000 per apprentice
- Green Homes Grants: grants of up to £5,000 to help people make their homes more energy efficient
- Stamp Duty Cut: zero stamp duty for property purchases up to £500,000 until 31st March 2021
- VAT Reduction: VAT cut from 20% to 5% for the hospitality industry from Wednesday 15th July 2020 until 12th January 2021
- Eat Out to Help Out: diners to get a 50% discount off their restaurant bills Monday to Wednesday during August, up to a maximum of £10 per person.

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Description

On Wednesday 8th July 2020, Rishi Sunak announced measures to support businesses, jobs, the economy, and individuals, including:
- Job Retention Bonus: £1,000...

Technical Information

File Format: PDF
File Size: 211 KB
Pages: 4
Language: EN
Author: Clare Fanner
Total Downloads: 58
Last Updated: 1 month ago

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