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The end of the UK transition period with the EU is now less than 2 months away and there are a number of things businesses need to consider to ensure they don’t get caught out on 1 January 2021. With trade negotiations still taking place there are still a number of areas where there is uncertainty, but it is clear from Government communications that certain things will change.
On 5 November, Chancellor Rishi Sunak announced that as part of the new national lockdown the Coronavirus Job Retention Scheme (CJRS) has been extended until the end of March 2021.
The government has increased the support available to self-employed workers and extended its emergency business loan schemes.