The support schemes that have been offered by the government through the COVID-19 Pandemic have adapted and changed over time. We have put together this information page to help to guide you through the support that may be available to you.
Job Support Scheme
The Job Support Scheme has been introduced to help to protect jobs throughout winter. This scheme is open for businesses who are still open throughout the winter months but are facing lower demand because of Coronavirus.
Click here to find out more about the Job Support Scheme.
Expansion of the Job Support Scheme
On the 9th October, the government announced an expansion to the Job Support Scheme. This scheme was devised to provide temporary support to businesses who have had to close their premises due to the restrictions of Coronavirus.
These businesses will receive grants to help to pay the wages of employees who have had to stop working. This applies to businesses who have had to legally close their premises and those who are providing only delivery and collection services from their premises.
This Scheme will be available from 1st November for six months and you can apply for it regardless of whether you have claimed via the Coronavirus Job Retention Scheme. There will be payment of grants in arrears from early December and the scheme will be reviewed in January.
The government will pay two-thirds of employees' usual wages, this is capped at £2,100 per month. Employers will not be required to contribute towards these wages, but they will need to cover employer National Insurance and pension contributions.
Job Retention Bonus
The Job Retention Bonus will not be available to claim until 15th February 2021, but HMRC has provided guidance about the scheme and how it will work.
This guidance includes information about how to check that your employees are eligible and when a claim can be made.
Under the Job Retention Bonus, employers will be able to claim a one-off payment of £1,000 for every eligible employee that they furloughed and claimed for through the Coronavirus Job Retention Scheme (CJRS) and kept continuously employed until at least 31 January 2021. The bonus does not need to be paid to the employee.
To find out more about the scheme from HMRC, please click here.
Changes to the Coronavirus Job Retention Scheme
The Coronavirus Job Support Scheme will end on 31st October 2020 and it is now too late to put someone on the furlough scheme. All final claims must be made on or before 30th November 2020.
From 1st October, HMRC will pay 60% of usual wages up to a cap of £1,875 per month for the hours furloughed employees do not work.
To find out more about the changes to the Coronavirus Job Support Scheme, please click here.
VAT Deferral New Payment Scheme
Any deferred payments that were due to be paid from 20th March - 30th June 2020 need to be paid to HMRC by 31st March 2021. These payments can be paid in equal instalments using the VAT Deferral New Payment Scheme until 31st March 2022.
There is also the option of arranging payments with HMRC using the 'Time To Pay' support system. More information about the VAT Deferral Payment Scheme will be announced by HMRC in the coming months.
Stay safe from scams!
We have had reports of many different scams at this time, including emails that appear to be from HMRC. They mimic government messages and appear to be authentic so it is important to stay vigilant.
Help is available from HMRC. If you search 'scams' you will be given information on how to how to recognise genuine HMRC contact.
You can also forward suspicious emails claiming to be from HMRC to email@example.com and texts to 60599.