Today (5 November) the Government announced that it will: Extend the Coronavirus Job Retention Scheme further, until the end of March 2021 Not pay the Job Retention Bonus in February but instead redeploy a retention incentive at the right time Increase the third self-employed grant, covering November to January, from 55% to 80% of trading...
There will be increasing support for the self-employed over the coming months and action to ensure people get paid faster than previously planned, Government announced on 2 November. To reflect the recent changes to the furlough scheme, the UK-wide Self-Employment Income Support Scheme (SEISS) will be made more generous – with self-employed individuals receiving 80%...
First Minister Mark Drakeford has set out the new post-firebreak measures in Wales. A new and simpler set of national rules will apply once the Wales-wide firebreak lockdown comes to an end at 00:01 on Monday 9 November. The new national measures are designed to “protect people’s health and provide as much freedom as possible while...
Following the announcement that England is to enter a second national lockdown with effect from Thursday 5 November, the Prime Minister confirmed that the Job Retention Scheme – widely known as the Furlough Scheme – will remain in place until December. This is a return to the original scheme where employees who are placed on...
The Chancellor of the Exchequer provided an economic update, in which he set out the next stage of the Government’s strategy to protect jobs and businesses impacted by Covid-19. Below are the highlights from the Statement, scroll down for links to his speech, the accompanying news article and the policy paper, which provides a bit...
If you’re self-employed or a member of a partnership and have been adversely affected by coronavirus (COVID-19), you may be able to claim a grant through the Government’s Self-Employment Income Support Scheme. Applications for the second and final grant are now open if your business has been adversely affected on or after 14 July 2020....
In a press release from HM Treasury, details were announced about a scheme to “provide a safety net to further protect jobs where a business is required to close because they are impacted by Covid 19”. Businesses in England required to close due to local lockdowns or targeted restrictions will now be able to receive...
There are changes to the Coronavirus Job Retention Scheme (CJRS) from 1 September. Employers need to know that: From 1 September CJRS will pay 70% of usual wages up to a cap of £2,187.50 per month for the hours furloughed employees do not work. You will still need to pay your furloughed employees at least...
The government is introducing a new Job Retention Bonus (JRB) to provide additional support to employers who keep on their furloughed employees in meaningful employment, after the government’s Coronavirus Job Retention Scheme ends on 31 October 2020. The JRB is a one-off payment to employers of £1,000 for every employee who they previously claimed for...
The Minister for Regional Growth and Local Government, Simon Clarke MP, has announced £20 million of new funding to help businesses across England get back on track. Small and medium sized businesses will have access to grants of between £1,000 – £5,000 to help them access new technology and other equipment as well as professional,...