Latest COVID-19 updates specific to the fire industry
The latest COVID-19 updates and news that will affect you and your business has been collated in one place by the Fire Industry Association for business ease.
Rishi Sunak cuts Value Added Tax (VAT) and offers £1000 to businesses to bring employees back from furlough
The government will also pay firms a £1,000 bonus for every staff member kept on for three months when the furlough scheme ends in October.
He rejected calls to extend the furlough scheme beyond October, saying it would give people “false hope” that they will have a job to return to.
But he said he would “never accept unemployment as an inevitable outcome” of the pandemic.
Explaining how it will work, the chancellor said: “If you’re an employer and you bring back someone who was furloughed – and continuously employ them through to January – we’ll pay you a £1,000 bonus per employee.
“It’s vital people aren’t just returning for the sake of it – they need to be doing decent work.
“So for businesses to get the bonus, the employee must be paid at least £520 on average, in each month from November to the end of January – the equivalent of the lower earnings limit in National Insurance.”
He carried on to tell told MPs he will cut VAT on food, accommodation and attractions from 20% to 5% from next Wednesday.
Survey Results – Impact of COVID-19 on the Fire Safety Industry
We have put together this survey addressed to fire industry professionals so that we can effectively gather the latest and most important information from you about how COVID-19 is currently affecting your organisation. This survey covered multiple topics, all relevant to the rapidly changing business and workforce environment and its answers will undoubtedly help companies begin to plan for the future. To all of the respondents who completed the survey. Your answers provided us crucial insights into the fire industry and we would like to thank you for the participation in the survey- Thank you!
As such this report aimed to look at the variety of impacts from COVID-19 and our thoughts on what this means for the industry in the short, medium and long term. Please click below to read the report.
See the report here.