Job Support Scheme

Rishi Sunak’s plan for the winter includes the Job Support Scheme, which was outlined in a basic format on the 24th September 20.  With 12% of the UK’s workforce currently on partial or full furlough leave, the Job Support Scheme aims to stem the tide of redundancies as the furlough scheme comes to a close…

Job Retention Bonus

As part of Rishi Sunak’s ‘Plan for Jobs’, the Job Retention Bonus was devised to encourage businesses to continue the employment of their furloughed staff once the Coronavirus Job Retention Scheme comes to a close at the end of October. What is the payment? The bonus constitutes a one off, £1,000.00 payment per member of…

EIS & SEIS Tax Relief Schemes

The Government’s Enterprise Investment Scheme and Seed Enterprise Investment Schemes were introduced in 2012 to encourage investment in new start-up companies and early stage businesses. While they both offer tax relief incentives for investors, the EIS scheme is aimed at driving investment in early-stage businesses while the SEIS scheme is aimed at driving investment in…