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JSS expanded to businesses required to close following coronavirus

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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.

Issue: 1505
Categories: News
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