HU UPDATE - BUDGET - SUPPORT - AND MORE
04 March 2021
With the VAT cut, CJRS, and SEISS extended, plus VAT deferral and a New Recovery Loan Scheme- the UK Budget has made some moves to help and support our hospitality industry.
However, we still continue to lobby for a full year’s business rates cut and a refinancing grant from the NI Executive- plus a flexible LRSS scheme to help hospitality businesses until they can return to a level of profitability.
As always, the budget and updates to financial support are complex, but important.
So, we have compiled a summary of all the key facts you need to know and in-depth analysis from our financial partners BDO NI.
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