Budget 2020 - What's in the 'Coronavirus Package'?
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The Chancellor has announced today a number of measures designed to support public services, businesses and individuals affected by coronavirus (COVID-19).
These include:
emergency money for the NHS
a £500m fund to help local authorities support vulnerable people
reimbursing small employers (fewer than 250 employees) any statutory sick pay paid to employees for the first 14 days of sickness absence.
statutory sick pay for those who are advised to self-isolate, even if they have not displayed symptoms
making it quicker and easier for those on zero hours contracts (gig economy workers) to get benefits
waiving or reducing business rates for shops, cinemas, restaurants and music venue
removing the requirement for benefit claimants to physically attend job centres if they been advised to stay at home
introducing a scheme allowing banks to offer loans of up to £1.2m to support small and medium-sized businesses
To discuss how these measures will impact you, please contact Gareth Edwards in our Employment Law team on 0117 314 5220, or complete the form below.