|
answer text |
<p>The Government has provided enhanced support to the retail, hospitality and leisure
sectors through business rates relief given the direct and acute impacts of the COVID-19
pandemic on those sectors.</p><p> </p><p>The Government has targeted COVID-19 business
grant schemes, including Restart Grants, at businesses that have been mandated to
close, many of whom are facing high fixed property related costs. This was on the
basis that these businesses are less likely to have sufficient cash reserves to meet
their costs. These businesses have also continued to be hardest hit by social restrictions
and social distancing over the last few months, and therefore have a reduced ability
to generate revenue to cover their costs.</p><p> </p><p>A range of further measures
to support all businesses, including dental practices, have also been made available,
such as the extension of the furlough scheme, Recovery Loan Schemes, and enhanced
Time to Pay for Taxes.</p>
|
|