A new Job Support Scheme (JSS) to launch from 1st November, will run for 6 months to protect jobs where small businesses remain open but are facing lower demand over the winter months due to COVID-19. This scheme helps to keep employees attached to the workforce. You can download free ebook containing the key insight for winter economy plan by clicking here.
- Employees must be on an employer’s PAYE payroll including RTI submitted on or before 23 September 2020
- Employee must work at least 33% of their usual work hours and Employer will continue to pay the wages for the hours of staff work
- For the hours not worked, Employer and the Government both will pay a one-third each of their usual wages (Grant is capped at £697.92 per month).
- Grant will not cover employer NICs or pension contributions, though remain payable by Employer
- “Usual wages” calculations will follow a similar methodology as for the Coronavirus Job Retention Scheme. Full details of Job Support Scheme will be shared shortly.
- The scheme is available to all small business (employer) even if previously not used the Coronavirus Job Retention Scheme.
- Employers using the Job Support Scheme will also be able to claim the Job Retention Bonus if they meet the eligibility criteria.
Below example is just to illustrate the grant amount, NI & pension will be calculated as usual payable by Employer.
|Scenario 1||Scenario 2||Scenario 3||Scenario 4|
|Monthly Salary||£ 6,000.00||£ 6,000.00||£ 2,400.00||£ 3000.00|
|Worked hours||£ 2,000.00 (1/3)||£3,000.00 (1/2)||£ 800.00 (1/3)||£ 1,000.00 (1/3)|
|Total Unpaid||£ 4,000.00||£ 3,000.00||£ 1,600.00||£ 2,000.00|
|Employer Contribute||£ 1,333.33||£ 1,000.00||£ 533.33||£ 666.67|
|Govt. Grant||£ 697.92 (C)||£ 697.92 (C)||£ 533.33||£ 666.67|