Article 50BP2 Sunak to unveil budget aimed at helping firms deal with coronavirus

Sunak to unveil budget aimed at helping firms deal with coronavirus

by
Heather Stewart
from on (#50BP2)

Chancellor mulling measures including tax holidays and support when staff self-isolate

Rishi Sunak is poised to announce a package of emergency measures to support businesses hit by the knock-on effects of the coronavirus crisis in his first budget on Wednesday.

The chancellor is considering short-term tax holidays for affected businesses, and taxpayer support for small businesses whose employees self-isolate as the outbreak escalates, the Guardian understands.

The World Health Organization is recommending that people take simple precautions to reduce exposure to and transmission of the Wuhan coronavirus, for which there is no specific cure or vaccine.

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