SO MANY CHANGES TO KEEP UP WITH!

The Chancellor, Rishi Sunak has just announced that the Furlough scheme to be extended until the end of March 2021, with government paying up to 80% of wages until January at least.  The Government will review whether employers should be asked to contribute more at this point.

Due to this extension of the Furlough scheme the £1,000 Job Retention Bonus will no longer be available in February. However, the Chancellor said they will consider an alternative at a later date.

Also, the Self-Employed Income Support scheme (SEISS) has been increased to 80% of average earnings for November, December and January. This grant will be available from 30 November.

We will up date this page once we have more detail.

 

UPDATED NEW JOB SUPPORT SCHEME (JSS)

The Job Support Scheme (JSS) replaces the Job Retention (Furlough) Scheme, which ends 31st October.

JSS will open on 1 November and run for six months, until 30 April 2021. The government has said it will review the terms of the scheme in January 2021.

In recognition of the challenging times ahead, the UK government announced yesterday it will significantly increase the generosity and reach of its winter support schemes to ensure livelihoods and jobs across the UK continue to be protected in the difficult months to come, supporting jobs and helping to contain the virus.

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Self-Employment Income Support Scheme (SEISS) Grant Extension

As part of support for businesses through the coronavirus pandemic, the UK government has increased the support available under the SEISS Grant Extension doubling the value of the third grant from the originally announced 20% up to 40% .

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New Job Support Scheme

Last week the government announced that The Job Retention Scheme, which ends 31st October, will be replaced by a new Job Support Scheme, that will last for six months in order to support viable jobs.

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