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You may be able to benefit from funding under the Kickstart Scheme if you are looking to create new jobs for young people. Information on the scheme can be found in the Kickstart Scheme Employer Prospectus.
The scheme aims to create jobs for young people who are unemployed. The job must be a new job and must be for at least 25 hours a week for six months. The job cannot replace existing or planned vacancies, or cause existing employees, apprentices or contractors to lose their jobs or to have their hours reduced. In addition, you must help the young person to become more employable, for example, by helping them to develop their skills in the workplace or providing support with job applications and interview preparation.
Employers using the scheme can apply for funding, which will cover:
Applications can be made online or via a Kickstart Gateway.
If you would like to know more about the scheme and whether it is for you, we can help.
01 Nov 2021
The Chancellor presented his Autumn Budget and Spending Review on 27 October 2021. Some of the highlights are discussed below.
The Annual Investment Allowance (AIA) is a capital allowance that enables you to claim an immediate deduction against your profits for qualifying capital expenditure up to the available limit.