HM Treasury has announced that the coronavirus job support
scheme (JSS) has been expanded to all UK firms which have been legally required
to close due to the pandemic. Those eligible under the JSS will receive grants
to pay two thirds of the wages of staff who are unable to work, up to a maximum
of £2,100 a month. Businesses under the JSS are not required to contribute to
wages but will cover pension and National Insurance contributions. The scheme
will commence on 1 November 2020 and be available for six months, with a review
in January 2020.
Alongside the expansion, the government has also increased the
cash grants to businesses in England which are shut due to local lockdowns to
support with fixed costs. The devolved administrations will benefit from a
£1.3bn increase to their funding for 2020/21, enabling their coronavirus
response to continue.
HM Treasury has announced that the coronavirus job support
scheme (JSS) has been expanded to all UK firms which have been legally required
to close due to the pandemic. Those eligible under the JSS will receive grants
to pay two thirds of the wages of staff who are unable to work, up to a maximum
of £2,100 a month. Businesses under the JSS are not required to contribute to
wages but will cover pension and National Insurance contributions. The scheme
will commence on 1 November 2020 and be available for six months, with a review
in January 2020.
Alongside the expansion, the government has also increased the
cash grants to businesses in England which are shut due to local lockdowns to
support with fixed costs. The devolved administrations will benefit from a
£1.3bn increase to their funding for 2020/21, enabling their coronavirus
response to continue.