We're here to help you through these challenging times.
There is no doubt that Covid-19 has had a fundamental impact on businesses everywhere throughout 2020.
We’ve been working hard to help our clients understand their rights and entitlements during this confusing time. In an attempt to mitigate any confusion, below you will find a wealth of resources to help you make the very best, well-informed decisions during this difficult time.
As always, if you cannot find anything below, please give us a call and we will always endeavour to help you.
Government extends Furlough to March and increases self-employed support scheme
6th November 2020
As the second lockdown has now started for England, the Government has decided to extend the Coronavirus Job Retention Scheme (CJRS) and the Self-Employment Income Support Scheme (SEISS) across the UK.
It has been announced that CJRS will be extended until the end of March 2021. For claim periods running to 31 January 2021, the Government will pay 80% of employees’ usual wages for hours not worked, up to a cap of £2,500 per month. You’ll find a link in the resources above to work out your contributions.
The UK Government will review this policy in January to decide whether economic circumstances are improving enough, and may potentially ask employers to contribute more. It has also been confirmed that the Job Retention Bonus will no longer be paid in February 2021, although CJRS will be available at that time.