Coronavirus: Supporting Businesses and Individuals — 23 Feb 2021 at 18:51

The majority of MPs voted in favour continuing and expanding a series of COVID-19 related financial support measures for businesses and individuals.

The motion supported by the majority of MPs in this vote was:

• That this House
• calls on the Government to support businesses and individuals still struggling as a result of the coronavirus crisis in the forthcoming budget by extending business rates relief for at least another six months, extending the temporary 5 per cent reduced rate of VAT for three months after restrictions are lifted or for another six months, whichever is later, helping British businesses struggling under the burden of Government-guaranteed debt by ensuring that small businesses can defer paying loans back until they are growing again, extending and reforming the furlough scheme so that it lasts whilst restrictions are in place and demand is significantly reduced, immediately confirming that the fourth Self-Employment Income Support Scheme grant will be set at 80 per cent of pre-coronavirus crisis profits and extending eligibility to that scheme to include anyone with a 2019-20 tax return and fixing the gaps in coronavirus support schemes to support those who have been excluded from the beginning of the crisis; and
• further calls on the Chancellor of the Exchequer to make a monthly oral statement to Parliament updating the House on these matters.

Debate in Parliament |