Following the announcement, over the weekend, of the second full lockdown the government has made further grants available for businesses forced to close in England due to local or national restrictions.
Over the weekend the Government announced that the Coronavirus Job Retention Scheme (Furlough ) has been extended and will remain open until December in light of the lockdown. Employees will now receive 80% of their current salary for hours not worked, up to a maximum of £2,500. Under the extended scheme, the cost for employers of retaining workers will be reduced compared to the previous scheme, which ended on 31 October.
As with the job support scheme, the Government has also extended the Self Employed Income Support Scheme. The extension will see the addition of two further grants available which should help provide critical support to the self-employed. Each grant will be available for three month periods covering November 2020 to January 2021 and February 2021 to April 2021.
In a bid to help those businesses that have been forced to close owing to local restrictions, the Government has again extended the Job Support Scheme (JSS) which is due to commence on 1 November 2020.
With much of the North West now officially under Tier 3 restrictions, check whether you are eligible for the Local Restrictions Support Grant (LRSG) which supports businesses that have been required to close due to temporary COVID-19 local lockdown restrictions imposed by the government.
Less than a month after it was announced, the Job Support Scheme (JSS) is being expanded, providing temporary support to businesses whose premises have been legally required to close as a direct result of Coronavirus restrictions set by the Government.
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Ministers have announced new grants for businesses affected by local lockdowns. Businesses in England that are required to shut because of local interventions will now be able to claim up to £1,500 per property every three weeks.
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