Chancellor Rishi Sunak delivered the summer statement (economic update) to the House of Commons earlier today. Below are the key announcements: Stamp Duty Holiday The Chancellor has announced a stamp duty holiday where home buyers will not pay stamp duty up to...
The Bounce Back Loan (BBL) Scheme is a new scheme introduced by the government to help smaller businesses impacted by coronavirus (COVID-19). The scheme was launched on 4th of May. It aims to assist those businesses to borrow between £2,000 up to 25% of a business’...
What is it? The Coronavirus Job Retention Scheme is a temporary scheme open to all UK employers for at least 3 months starting from 1 March 2020. It is designed to support employers whose operations have been severely affected by coronavirus (COVID-19). Employers can...
The government has issued a non-statutory COVID-19 and renting: guidance for landlords, tenants and local authorities which addresses the landlords’ concerns where the tenants are unable to pay their rent on due date due to coronavirus impact. Some of the key...
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