Job Support Scheme and Self-Employment Income Support Scheme Extensions
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02 November 2020
The Prime Minister has announced England will be returning to a national lockdown this week, as the battle against the Coronavirus pandemic continues. An England-wide lockdown will resume from Thursday 5 November.
As a result, it was also announced the Coronavirus Job Retention Scheme (CJRS), which was set to close at the end of October, will now be extended throughout the UK and run until at least Wednesday 2 December, for those employees that are unable to work, or unable to work their full-time hours. Johnson Carmichael, Scotland's largest independent firm of Chartered Accountants and Business Advisers, have summarised the key points of the new extended scheme, eligibility criteria and the steps employers should consider taking now on their website.
The UK Government has also announced much needed additional support for the self-employed with an extension to the Self-Employment Income Support Scheme. Johnson Carmichael have covered the key details from the guidance released so far in a blog here.
While the extension of the CJRS scheme will be welcomed by many businesses, none more so than those in the hospitality and tourism sectors, these sudden announcements make it an incredibly challenging time to be an employer. Many had already prepared your teams for the new Job Support Scheme that was due to come into force on 1 November, the extended CJRS could now change your plans, and as result a good deal of revised planning and work is now needed.