The Job Support Scheme replaces furlough at the start of November. Under the scheme, workers at businesses who have been told to close because of coronavirus rules will receive at least 67% of their pay from the government up to a maximum of £2,100 a month for each employee.
For staff to be eligible they must be off work for a minimum of seven days.
Up until 1 November, under the furlough scheme workers can still receive 80% of their pay – 20% from the employer and 60% from the government.
The new Job Support Scheme will also help firms which can remain open but where employees can return only part-time. Staff must be paid to work at least a third of their hours in order to qualify for support. For any hours not worked, the government and employer will each pay a third of the remaining wages.
Payments will not be available to firms that lose valuable work as a result of places like these closing such as the suppliers to pubs and restaurants.
From 14 October, the Liverpool City Region became the first area in England to go into Tier Three coronavirus lockdown and so many businesses, especially those in high instances of Coronavirus such as here in Bolton are watching with bated breath.
Get in touch if you need advice.
21 October 2020
Earlier this month, HM Treasury published more guidance on the Job Retention Bonus. Employers who bring back employees from furlough and keep them continuously employed until…
8 October 2020
From 1 October, the limit for TTP, the online payment plan service used to set up instalment arrangements for paying tax liabilities, is increased to £30,000…
22 September 2020
Businesses are now able to sign up to the Kickstart scheme under which people aged between 16 and 24 who are claiming Universal Credit can receive…