Further extensions to support schemes

Rachel McEleney and Natalie Backes review the extensions to the Coronavirus Job Retention Scheme and the Self-employment Income Support Scheme

As widely expected, the chancellor announced in his Budget speech on 3 March 2021 that both the Coronavirus Job Retention Scheme (CJRS) and the Self-employment Income Support Scheme (SEISS) will be extended to 30 September 2021. This is welcome news to businesses affected by Covid-19 but, as always, the devil is in the detail. We have outlined in this article the key points on the extension of these schemes.