Chancellor Rishi Sunak has announced that employees working for UK businesses which are forced to shut down due to local lockdown restrictions will have two-thirds of their wages paid by the government.
The scheme, which closely resembles the previous Coronavirus Job Retention Scheme, will begin on 1 November for a period of 6 months, and is not limited to those “viable jobs” mentioned in the original briefs last month.
The move comes as wider ranging lockdown restrictions are expected to be announced across the country later today, and will allow employers to claim for up to £2,100 per employee per month, with the business only being required to cover National Insurance contributions and pension contributions where applicable.
Businesses will only be able to make a claim while they are subject to restrictions, and affected employees will need to have been off work for a minimum of seven consecutive days.
If your business is forced to close over the coming weeks or months due to local area restrictions, and you would like to discuss the availability of these scheme, please contact your usual Saffery Champness contact.