Covid-19 Response: Support for Businesses

Scrutiny review - Economic and International Affairs Panel

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 COVID-19 response.

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 April 2021.

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.

Review progress

Islanders are encouraged to share their views with the Panel by:

Terms of reference

  1. To examine the Covid-19 support packages made available to businesses and determine whether they are fit for purpose.
  2. To assess whether any businesses (including employers/employees) have been inadvertently excluded from receiving support.
  3. To examine the eligibility criteria for access to the support packages in terms of flexibility.
  4. To assess the extent of existing business support schemes and determine whether additional support is likely to be required beyond April 2021.


Submissions


Research

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