Winter Economy Plan - Eastbourne Borough Council Business News
1st October 2020
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Chancellor Rishi Sunak announced a new package of measures to support businesses with the continuing impact of the coronavirus pandemic.
It included:
  • A new Job Support Scheme will be introduced from 1 November which will run for six months.
  • The Self-employment Income Support Scheme will be extended until 30 April 2021.
  • The temporary 15% VAT cut for tourism and hospitality sectors will be extended until the end of March 2021.
  • Businesses who deferred their VAT bills will have the option to pay back in smaller instalments.
  • The deadline to apply for the Bounce Back Loans Scheme (BBLS), Coronavirus Business Interruption Loan Scheme (CBILS) and the Future Fund have been extended to 30 November.
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