Budget 2021: Chancellor Rishi Sunak will extend the licensing regime until the end of September | Political news



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The license will run until the end of September, the chancellor will announce, revealing more support for workers and the self-employed.

Ahead of budget, Rishi Sunak has revealed that millions of workers will continue to pay 80% of their salary until the end of September.

More than 600,000 additional people will also be supported, including many of the self-employed who previously had not received grants.

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Budget 2021: spending or taxing is a key query

He anticipates a budget in which the government is expected to announce more support for the country to go through the last stages of the process. COVID-19 pandemic, but also at the nation level and explain how tax increases will be required to balance the books.

Sunak will also lay out his long-term vision for the UK and how he intends to make the city more attractive to global investors after Brexit as part of a three-point plan for the next few years.

The cornerstone of the commitment to protect workers will be the expansion of the licensing regime and support for more self-employed workers who previously did not receive subsidies.

The so-called Excluded group has campaigned for Treasury support after many were lost because they were unable to produce a tax return for the year in question.

As part of the plan to extend the license, Sunak will announce that employers must also contribute: 10% in July and 20% in August, as businesses can reopen and begin to recoup some of their lost earnings.

View and follow the live budget with special coverage and analysis starting at 12:30 p.m. M. A special edition of the Sky News Daily podcast will be available to listen to starting at 7 pm.

More than 11 million people have had their salaries covered by leave since the plan began.

Announcing the additional support, Mr Sunak said: “Our COVID support schemes have been a lifesaver for millions, protecting jobs and income across the UK.

“There is now light at the end of the tunnel with a roadmap for reopening, so it is right that we continue to help businesses and individuals through the challenging months ahead and beyond.”

Labor shadow chief secretary of the Treasury Bridget Phillipson said: “These changes in support schemes could have been made months ago.

“Companies and workers have been begging the Chancellor for certainty, but they have had to wait because he said it would not be appropriate until the budget.

“Announcing it the night before shows that the focus is on Rishi Sunak getting his moment in the sun rather than protecting jobs and livelihoods.”

Commenting on the decision to extend the plan, Kate Nicholls, UKHospitality CEO, said: “Extending full license support for businesses up to and beyond the full reopening date for hospitality is a very positive move.

“It will help keep businesses afloat and more jobs secure as they trade their way back to prosperity in the months and years to come.

“It will help companies to recover staff flexibly, which will be especially useful for those companies, such as hotels, that will take longer to recover.”

And Michelle Ovens CBE, Founder of Small Business Britain, added: “I am also pleased to see that the Chancellor has expanded the number of people eligible for the Self-Employed Income Support Program (SEISS),.

“With pandemic restrictions continuing for a much longer period than originally anticipated, it is right that eligibility be extended.

“This government intervention will directly support entrepreneurs and sole proprietorships who will undoubtedly play an important role in the UK’s economic recovery and future growth.”

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