The Government will launch a new Job Support Scheme from 1 November to support UK employers who are facing lower demand due to COVID-19, and to keep their employees attached to the workforce.

Employees will need to work a minimum of 33% of their usual hours and for every hour not worked the employer and the government will each pay one third of the employee's usual pay (however the government contribution will be capped at £697.92 per month), therefore meaning employees using the scheme will receive at least 77% of their normal pay, where the government contribution has not been capped.

Extra details: 

  • The employer will be reimbursed in arrears for the government contribution.
  • The employee must not be on a redundancy notice. 
  • The scheme will run for six months from 1 November 2020 and is open to all employers with a UK bank account and a UK PAYE scheme.
  • All Small and Medium-Sized Enterprises (SMEs) will be eligible; large businesses will be required to demonstrate that their business has been adversely affected by COVID-19, and the government expects that large employers will not be making capital distributions (such as dividends), while using the scheme.
  • Open to employers even if they haven't used furlough scheme.
  • Employers can claim support scheme and CJRS bonus.

For all the latest details, click here to read our Job Support Scheme Fact Sheet or alternatively for closed businesses, please click here. 

For more information, please contact us today.

About the Author: Jamie Skelding

Prime Accountants News Centre

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