Chancellor has announced changes to the Job Support Scheme (22/10/20)

he Chancellor has announced changes to the  Job Support Scheme which will provide further support for Businesses impacted by Coronavirus. The original JSS saw employers paying a third of their employees’ wages for hours not worked, and required employers to be working 33% of their normal hours. Today’s announcement changes this by:

• Reducing the employer contribution for unworked hours to just 5%
• Reduces the minimum hours requirements to 20%, so those working just one day a week will be eligible.
• Increasing the profits covered by the new SEISS payments from 20 per cent to 40 per cent, meaning the maximum grant will increase from £1,875 to £3,750.
• Cash grants of up to £2,100 per month primarily for businesses in the hospitality, accommodation and leisure sector who may be adversely impacted by the restrictions in high-alert level areas.

 
Other key elements are:

• Employers will continue to receive the £1,000 Job Retention Bonus.
• The Job Support Scheme Closed for businesses legally required to close remains unchanged.

  
https://www.gov.uk/government/news/plan-for-jobs-chancellor-increases-financial-support-for-businesses-and-workers