After much speculation, the Chancellor has announced a successor of the Coronavirus Job Retention Scheme which will end on October 31. The new “Job Support Scheme” (JSS) will begin on 1 November 2020 and run for 6 months, until April 2021.
The Chancellor, Rishi Sunak, has unveiled his emergency COVID rescue plan to protect jobs and the UK economy.
On 8 July 2020, the Chancellor announced his ‘Plan for Jobs’ outlining how the government will support the UK’s economic recovery.
Since the Coronavirus Job Retention Scheme (CJRS) was launched in March, it is estimated that more than 1.2million employers have claimed grants for approximately 9.5 million employees.
The Coronavirus Statutory Sick Pay Rebate Scheme was announced by the government in the Budget as part of the package of support measures for businesses affected by the COVID-19 outbreak.
The Coronavirus Job Retention Scheme (CJRS) is a temporary scheme open to all UK employers. The scheme will run for at least eight months from 1 March 2020 to 31 October 2020.
The government has announced a delay to the proposed off-payroll working rules, IR35, from April 2020 to April 2021.
UK businesses and contractors should be aware of new rules taking effect from April 2020, regarding off-payroll working in the private sector, and how this will affect their business.