CORONAVIRUS NEWSFLASH UPDATE

Following the announcement made to the nation by Boris Johnson on 31 October 2020 regarding a new national lockdown some matters in our Coronavirus Autumn update (30-10-2020) have been amended.

(1) Coronavirus Job Retention Scheme (CJRS)

The above scheme is to be extended until December 2020. An official end date has not yet been announced but is thought it will end on 2 December 2020. The government are to pay 80% of a furloughed workers wage for unworked hours up to a maximum of £2,500 per month, with the employers being responsible for paying all employer national insurance and pension costs. No further details are available at this time, but we will update you as soon as further information becomes available.

(2) Coronavirus Job Support Scheme (JSS)

We understand that this scheme has been deferred until December 2020. Again no further details are available at this time, but we will update you as soon as further information is available.

(3) Self Employed Income Support Scheme (SEISS)

No further support for the self employed has yet been announced at this time but we will update you if anything changes.




Please note that the rules are being regularly updated by government so we advise you check the latest position before taking any action.