Read more on the latest updates about Coronavirus and how it might affect your business and what support is available for you.
The Scheme has been extended until September 2021. Employers contributions will begin to increase in July until the scheme ends in September.
This new £26.1 million scheme has been announced for businesses in the hospitality and tourism sectors.
A £4million scheme has been announced to help those in the guest accommodation sector. Grants will be capped at £12,500.
The Wet Pubs Business Support Scheme (WPBSS) scheme is aimed at helping to keep companies in business and protect jobs, and to help prevent business closure and promote economic recovery. The Department for the Economy will contact those who are eligible.
The Coronavirus Job Retention Scheme has been extended until 30 March 2021.
From 1 July, employers can bring back to work employees that have previously been furloughed for any amount of time and any shift pattern, while still being able to claim CJRS grant for their normal hours not worked. When claiming the CJRS grant for furloughed hours employers will need to report and claim for a minimum period of a week.
The scheme closed to new entrants from 30 June. From this point onwards, employers will only be able to furlough employees that they have furloughed for a full 3 week period prior to 30 June.
This means that the final date by which an employer can furlough an employee for the first time will be 10 June, in order for the current 3 week furlough period to be completed by 30 June. Employers will have until 31 July to make any claims in respect of the period to 30 June.
The AND business team is here to support you.
For further information or if you need help and advice, please get in touch via email or telephone 028 9147 3788.