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Job Retention/Bonus Schemes & Job Support Scheme
20 October 2020 Julia Ascott, Employment Taxes Specialist
We have updated our guidance document on financial support being given to employers to ensure continued employment, including:
Job Retention Scheme - this comes to a close at the end of October and employers must ensure their claims are calculated accurately or risk penalties
Job Retention Bonus - further information on how to make the claim, including examples of minimum payment threshold and payment requirements
Job Support Scheme - introduced from 1 November, lasting for 6 months - aiming to assist businesses who will suffer financial difficulties as a result of lower demand over the winter months - as long as employees continue to work at least 1/3 of their normal hours, the Government will pay 1/3 of non worked normal hours
Job Support Scheme Expansion pack for closed businesses - expanding the JSS, additional cover for businesses who are legally required to close due to coronavirus restrictions for a minimum of 7 consecutive days - the government will pay 2/3 of non worked normal hours
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20 October 2020 
Julia Ascott, Employment Taxes Specialist
