| answer text |
<p>The Government appreciates this is a difficult time for many businesses, including
coach tourism companies. With the resurgence of the virus and tightening of restrictions
to protect people's health, we have taken further steps to protect jobs and businesses.</p><p>
</p><p>People who are employed in the coach industry can benefit from the Coronavirus
Job Retention Scheme (CJRS), which will remain open until 2 December, with employees
receiving 80% of their current salary for hours not worked, up to a maximum of £2,500.</p><p>
</p><p>Self-employed individuals in the coach industry can benefit from the Government’s
recent announcement of more generous support for the self-employed, who will now receive
80% of average trading profits in November. As SEISS grants are calculated over 3
months, this increases the total level of the grant to 55% of trading profits for
November to January and the maximum grant will increase to £5,160. We will also be
paying this out more quickly by bringing forward the SEISS 3 claims window from 14
December to 30 November.</p><p> </p><p>To support businesses with their cashflow,
on 2 November the Chancellor also announced that the application deadline for the
government-backed loan schemes have been further extended until 31 January 2021.</p>
|
|
