Covid-19 Response: Support for Businesses
Launch date: 04/02/2021
Review status: Review started
What is the review about?
The Economic and International Affairs Scrutiny Panel is reviewing the Government’s support for businesses as part of its
On 3 December 2020, the Panel published a report on the
Government’s COVID-19 response, including an analysis of support packages made available
to businesses at the beginning of the pandemic. This review will
examine the effectiveness of business support packages which have since been
extended and/or updated.
The review will seek to identify:
- Whether COVID-19 business support packages are fit for purpose;
- If any businesses have been excluded from receiving support;
- How rigid are the eligibility criteria for access to support; and
- Whether additional support is likely to be required beyond
Business support packages to be examined by the Panel
include the Payroll Co-funding Scheme; deferral of GST and Social Security
contributions; Business Disruption Loan Guarantee Scheme; Visitor Accommodation
Scheme; Events and Attraction Scheme; and the Grant Support Scheme.
Islanders are encouraged to share their views with the Panel
Terms of reference
- To examine the Covid-19 support packages made available to businesses and determine whether they are fit for purpose.
- To assess whether any businesses (including employers/employees) have been inadvertently excluded from receiving support.
- To examine the eligibility criteria for access to the support packages in terms of flexibility.
- To assess the extent of existing business support schemes and determine whether additional support is likely to be required beyond April