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We have lost count of the number of changes and announcements from The Chancellor that have been made since March.
With the support available in a constant state of flux, it can be difficult to keep up with the latest measures. We have put together a simplified overview of what the latest measures mean and how you can benefit from them.
The Coronavirus Job Retention Scheme
The Coronavirus Job Retention Scheme has been extended until March with employees receiving 80% of their current salary for hours not worked and further economic support announced.
Don’t forget, when claiming the CJRS grant for furloughed hours, employers will need to report and claim for a minimum period of 7 consecutive calendar days.
Government grants – what’s still available?
Government loans – extensions you should be aware of
If you would like to have an extended discussion about your own circumstances, get in touch – our partners are here to support you through these challenging times.
These details are in accordance with Government guidelines on 5 November 2020.
The information contained in this guidance has been obtained from public sources and every attempt has been made to ensure its accuracy at the date of publication. In this ever-changing environment, this information is subject to change and we will not accept liability for losses arising from changes in the law or the interpretation thereof.