The UK Government have announced the following –
Job Retention Bonus
UK employers will receive a one-off bonus of £1,000 for each furloughed employee and still employed as of 31 January 2021.
Young People between the ages of 16 and 24, claiming Universal Credit and at risk of long-term unemployment will be eligible. Funding available for each six-month job placement will cover 100% of the National Minimum Wage for 25 hours a week – and employers will be able to top this wage up.
VAT reduced for the period 15 July 2020 to 12 January 2021, from 20% to 5% for the following:
- eat-in or hot takeaway food from restaurants, cafes and pubs
- accommodation in hotels, B&Bs, campsites and caravan sites
- attractions like cinemas, theme parks and zoos
For further information please visit the GOV.UK website.