Gyms: Coronavirus

(asked on 19th February 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what support he plans to make available to gyms in respect of (a) VAT and (b) the Coronavirus Job Retention Scheme to enable those businesses to re-open after the covid-19 lockdown.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 1st March 2021

The temporary reduced rate of VAT was introduced on 15 July to support the cash flow and viability of over 150,000 businesses and protect 2.4 million jobs in the hospitality and tourism sectors, and is due to run until 31 March 2021. This policy will cost over £2 billion.

The Coronavirus Job Retention Scheme (CJRS) was set to close on 31 October 2020. However, in light of the path of the virus and to provide certainty to businesses and employees, the CJRS has been extended until the end of April 2021 for all parts of the UK.

The Chancellor has always been clear that the Government would keep the situation under review, adapting its approach as the context evolved. The Government will set out the next phase of the plan to tackle the virus and support jobs at Budget.

Reticulating Splines