With the Coronavirus Job Retention Scheme closing onOctober 31st 2020, the UK Government have announced additional support for business and employees.
Job Support Scheme
A new Job Support Scheme will be introduced from 1 November 2020 to protect jobs where businesses are facing lower demand over the winter months due to Covid-19.
Under the scheme, which will run for six months, the government will contribute towards the wages of employees who are working fewer than normal hours due to decreased demand.
As an employer, you will continue to pay the wages for the hours your staff work. For the hours not worked, you and the government will each pay one third of their usual wages (capped at £697.92 per month). You will need to meet your share of the pay for unworked hours and all your National Insurance contributions and statutory pension contributions, from your own funds. This means that employees will receive at least two thirds of their usual wages for the hours not worked.
To be eligible, employees must:
Full eligibility criteria is available and how to claim can be found in the 'Job Support Scheme factsheet'. - https://bit.ly/3jtycS0
The scheme will be open to employers even if you have not previously applied under the Coronavirus Job Retention Scheme (CJRS) which closes on 31 October 2020 and you will be able to claim in December. Grants will be paid on a monthly basis.
The scheme will operate in addition to the Job Retention Bonus.
If you require further support then please contact your local office:
Cross Hands: firstname.lastname@example.org
Colwyn Bay: email@example.com
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