The potential to receive a £1,000 payment for retaining employees who had been previously furloughed.

In his mini Budget, the Chancellor announced a number of new temporary measures to assist the economic recovery following the Covid-19 pandemic.

This scheme helps small and medium-sized businesses affected by coronavirus (COVID-19).

The Scheme is open to most businesses, regardless of turnover, who meet the eligibility criteria and who were established on or before 1 March 2020.

The government has introduced a business rates holiday for retail, hospitality and leisure businesses.

Temporary changes to the VAT payments due between 20 March 2020 and 30 June 2020 to help businesses manage their cash flow.